September 14, 2023 10:15 ET | Source: Emergen Research Emergen Research
Vancouver, Sept. 14, 2023 (GLOBE NEWSWIRE) -- The global Interactive Display Market size is expected to reach USD 18.81 Billion at a revenue CAGR of 8.1% in 2030, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by burgeoning smart appliance user base and growing public requirements for premium display panels. Advancements in OLED technology and component simplification also help technology to improve owing to a developing trend in the interactive display panel sector. Also, display panels are being used as a digital signage in industries including sports, media, and entertainment. For instance, on January 6, 2021, Samsung introduced NeoQLED line as a way to improve the QLED series, which combines micro-LED illumination with quantum dot technology. Digital Visualizer
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Furthermore, technological advancements and rising adoption across a number of applications, including tablets, smartphones, laptops, and smart TVs, are expected to drive market revenue growth. Increased Over-The-Top (OTT) content availability is propelling demand for the wireless display sector for consumer applications. Another important factor driving market growth for interactive displays in corporate applications is cost savings, which can be realized through easy setup and reduced time spent setting up meeting rooms. Compatibility of wireless displays with 4K technology enables higher quality content and is driving usage in consumer electronics devices. Increased adoption of various wireless display technologies as a result of firms introducing innovative products is also contributing to market revenue growth. However, as technology develops, manufacturing processes grow more delicate and complex, increasing cost of developing technologies such as flexible or foldable substrate panels. Market revenue growth is being constrained by all of these issues.
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Major Companies and Competitive Landscape
The global interactive display market is fairly consolidated, with a number of large and medium-sized players accounting for a majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective products. Some major companies included in the global interactive display market report are:
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Some Key Highlights in the Report
For more information about this report visit: https://www.emergenresearch.com/industry-report/interactive-display-market Emergen Research has segmented the global interactive display market based on product type, panel type, panel size, technology, end-use, and region:
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