Global Interactive Display Market Size Insights Forecasts to 2032

• The Global Interactive Display Market Size was valued at USD 42.9 billion in 2022.
• The Market Size is Growing at a CAGR of 8.4% from 2022 to 2032
• The Worldwide Interactive Display Market Size is expected to reach USD 95.7 billion by 2032
• Asia Pacific is expected to Grow the fastest during the forecast period

The Global Interactive Display Market Size is expected to reach USD 95.7 Billion by 2032, at a CAGR of 8.4% during the forecast period 2022 to 2032.

The interactive display is a computer-driven technology with an interactive user interface that is used to aid in the purpose of acquiring information along with altering digital documents by employing an LCD or LED. An interactive display is simply an extra-large tablet computer with a touchscreen that allows consumers to navigate, manipulate, and communicate with data instantly on the screen. Instead of using external devices like a keyboard, the displays accept input via a pen, fingers, or gestures. The primary goal of this technology is to improve user experience as well as data efficiency. Touchscreen displays such as these are popular in the education and business sectors. It is also widely utilized in consumer electronics including monitors, computers, tablets, wearable devices, and other such devices. Display technologies like organic light-emitting diode (OLED) have also grown in popularity in products like monitors, video walls, smartphones, and other gadgets. There are various advantages to using interactive displays, including enhanced productivity, interaction, and cooperation, the ability to utilize it as a device for both face-to-face conversations and teaching as well as remote employees and learners, and a reduced total cost of ownership (TCO). Furthermore, the growing trend of using interactive displays at exhibitions and events, as well as the use of artificial intelligence (AI) in interactive whiteboards, is likely to create a likelihood for market participants to sell interactive displays.

Driving Factors

The interactive display market will likely grow significantly over the forecast period, as a result of rising demand for digital classrooms as well as increased usage of these displays, such as video walls and tables. These video walls and tables are common in public transportation hubs such as train stations and airports worldwide. The growing demand for touchscreen tables and video walls in the entertainment and corporate sectors will be the driving force for the interactive display market throughout the forecast. In addition, the use of technologies in classrooms such as mobile phones, tablets, computers, projectors, and interactive whiteboards is significantly improving the learning experience by making it more engaging. Interactive displays contribute to the establishment of a setting for interaction that stimulates discussion not only between teachers and students but also among the learners themselves.

Additionally, as touch-based gadgets become more accessible, the range of devices with touch sensors is increasing. Touch-based gadgets need a display panel to function, which aids in the proliferation of display devices. Furthermore, due to the complicated and enormous architecture of these structures, the installation of digital signage and touch-based displays in commercial buildings such as malls, theaters, entertainment centers, and others has become more prevalent. These displays have touch sensors, which consumers can utilize to navigate and extract additional information. As a result, the transition toward touch-based gadgets is propelling the interactive display industry forward. likewise, components such as the popularity of the internet and changing technological preferences have contributed to the widespread utilization of touch display technologies. Moreover, the increased emphasis on gamification in the educational system has helped market expansion.

Market Segmentation

By Type Insights

The interactive kiosk segment is dominating the market with the largest revenue share over the forecast period.

On the basis of type, the global interactive display market is segmented into interactive kiosks, interactive video walls, interactive tables, interactive monitors, interactive whiteboards, and others. Among these, the interactive kiosk segment is dominating the market with the largest revenue share of 32.6% over the forecast period. The growing need for complementary self-services in the retail, transportation, and healthcare sectors is driving the expansion of this segment. Smart vending machines, Automated Teller Machines (ATMs), and other touch-enabled independent service devices could help businesses provide good customer service even during peak business hours. Furthermore, the growing usage of interactive kiosks in the product/service delivery field has enabled corporations to provide customized programs to their clients at cheap delivery rates. Moreover, the regular installation of interactive kiosks is being recorded in order to increase efficiency in various businesses.

By Technology Insights

The LCD segment is expected to hold the largest share of the Global Interactive Display Market during the forecast period.

Based on the technology, the global interactive display market is classified into LCD, LED, and OLED. Among these, the LCD segment is expected to hold the largest share of the interactive display market during the forecast period. The segment is predicted to continue to expand as the supply-demand ratio shifts and average selling prices for LCD display panels fall. LCD technology is commonly employed in interactive display products. Many businesses, including retail, corporate offices, and banks, are currently employing LCD-based products. One of the key elements driving the widespread use of LCD interactive displays is the decreasing production costs of LCDs. Furthermore, the OLED category is predicted to grow at a much faster rate than the overall market during the projection period. OLED panels are becoming increasingly prevalent and as their prices fall, an increasing number of consumers will be able to purchase them.

By End-Use Insights

The BFSI segment accounted for the largest revenue share of more than 31.8% over the forecast period.

On the basis of end-use, the global interactive display market is segmented into industrial, BFSI, retail, hospitality, education, healthcare, transportation, entertainment, corporate & government, and others. Among these, the BFSI segment is dominating the market with the largest revenue share of 31.8% over the forecast period. In the past decade, the banking and finance industry firms have experienced a tremendous increase in the deployment of interactive displays. Because of their capacity to boost consumer interaction, enrich the customer experience, and raise the efficiency of business processes, interactive displays are growing increasingly common in the BFSI marketplace. The rising need for digital transformation is one of the primary drivers of the expansion of interactive displays in BFSI. Customers are searching for easier and more user-friendly alternatives to communicate with their financial service providers as digital banking and Internet transactions become more popular.

Regional Insights

North America dominates the market with the largest market share over the forecast period.

North America is dominating the market with more than 38.7% market share over the forecast period. The increasing number of interactive displays is attributable to the higher demand for comprehensive and captivating technologies in many different sectors. In North America, the market for interactive displays is quickly expanding, with many corporations, educational institutions, and government organizations implementing the technology to improve communication and cooperation. The education sector is a major driver of the adoption of interactive displays in North America. Teachers can provide higher-quality workshops, enhance collaborative learning, and provide greater feedback to students via interactive displays. They also allow students to be involved more actively in their educational experience, which increases their involvement and long-term retention.

Asia Pacific, on the contrary, is expected to grow the fastest during the forecast period, attributed to the higher demand from numerous industries such as education, corporate, healthcare, and many more. The Asia Pacific area comprises several of the fastest-growing economies worldwide, and the widespread utilization of interactive displays is being driven by reasons such as technical advances, increased educational expenditure, and rising demand for collaborative interpersonal devices. Furthermore, the rising popularity of smart homes, as well as advancements in the electronics and automotive industries, are driving the market expansion. Aside from that, new OLED and LCD panel production facilities have been developed by a number of companies due to cheaper labor costs in Asia Pacific.

The Europe market is expected to register a substantial CAGR growth rate during the forecast period. The existence of a number of competitive and continually developing businesses and companies in the region is an essential driver propelling the interactive display market expansion. Furthermore, the increasing trend of conventional media outlets adopting the interactive display market to seek future possibilities for marketing campaigns, as well as Europe's ever-expanding hospitality industry, are all contributing to market growth in Europe.

List of Key Market Players

• Crystal Display Systems
• Sharp
• ViewSonic
• Horizon Display
• Panasonic Corporation
• HORIZON DISPLAY INC.
• TableConnect
• eyefactive GmbH
• Samsung Electronics
• LG Display
• NEC Corporation
• Elo Touch Solutions
• Box Light corporation
• MMT GmbH & Co. KG.
• Marvel Technology Co., Ltd.

Key Market Developments

• On July 2023, SMART Technologies, the prominent interactive display company, has announced that its newest interactive display solutions will have Google EDLA Certification, with choices for Google EDLA Certification throughout its existing lineup coming soon. These solutions include a new generation of iQ-powered interactive displays for education, which will be available in 2024, as well as an appliance-based solution designed to be used in conjunction with SMART displays.

• On June 2023, GLOBUS INFOCOM LIMITED, the largest EdTech brand in India, announced the release of its next generation of interactive displays. Globus Interactive Display has brought learning to a whole new level by offering a whole new variety of Interactive Display G-classic series, making classrooms more personalized, interactive, collaborative, and convenient. It features a wide range of innovative USPs that make it crucial for meeting modern digital requirements.

• On March 2023, Samsung Electronics revealed a new interactive display with updated capabilities and a robust software solution at Bett 2023, in London. With the cutting-edge Samsung Interactive Display and the Samsung Whiteboard App, the more than 30,000 guests at Bett have the opportunity to explore the future of education. The simple-to-use display enables teachers to design their home screen user interface (UI), activate multiple screens, share up to nine displays at once independent of operating system or device, and employ intelligent education apps to enhance student learning. Users can also benefit from the built-in Wi-Fi and Bluetooth connectivity.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Interactive Display Market based on the below-mentioned segments:

Interactive Display Market, Type Analysis

• Interactive Kiosk
• Interactive Video Wall
• Interactive Table
• Interactive Monitor
• Interactive Whiteboard
• Others

Interactive Display Market, Technology Analysis

• LCD
• LED
• OLED

Interactive Display Market, End-use Analysis

• Industrial
• BFSI
• Retail
• Hospitality
• Education
• Healthcare
• Transportation
• Entertainment
• Corporate & Government
• Others

Interactive Display Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa