South Korea Commercial Display Market Size, Share, and COVID-19 Impact Analysis, By Display Type (LCD, LED, OLED, PDP, and Projection), By Application (Retail, Healthcare, Corporate, Education, and Hospitality), By End User (Businesses, Consumers, and Government Agencies), and South Korea Commercial Display Market Industry Trend, Forecasts to 2035

South Korea Commercial Display Market Insights Forecasts to 2035

• The South Korea Commercial Display Market Size Was Estimated at USD 975.6 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.37% from 2025 to 2035
• The South Korea Commercial Display Market Size is Expected to Reach USD 2361.8 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Commercial Display Market Size is anticipated to reach USD 2361.8 Million by 2035, growing at a CAGR of 8.37% from 2025 to 2035. Growing demand for digital signage, falling display panel costs, rising brand awareness investments, and increased use in the corporate, healthcare, and transportation sectors as a result of the expanding transportation sector and infrastructure developments in emerging nations are the main factors driving the market expansion.

Market Overview

The commercial display market refers to the production and use of digital screens such as LCD, LED, OLED, and projection systems for business and public applications like advertising, information sharing, and entertainment. The dynamic content delivery, enhanced customer engagement, real-time updates, and improved brand visibility. The growing demand for smart signage, interactive displays, and 4K/8K technology across retail, transportation, healthcare, and education sectors. In South Korea, government initiatives promoting smart cities, digital infrastructure, and public information systems are accelerating adoption. Support for AI, IoT integration, and display R&D under national innovation policies is also boosting growth. These efforts position South Korea as a leading hub for advanced commercial display technology and digital transformation across industries.

Report Coverage

This research report categorizes the market for South Korea commercial display market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea commercial display market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea commercial display market.

Driving Factors

The increasing demand for dynamic digital signage across retail, transportation, healthcare, and hospitality sectors. Businesses seek visually engaging solutions to enhance customer experiences and boost brand visibility. Advancements in display technologies such as 4K/8K resolution, OLED panels, and interactive touchscreens further fuel adoption. The rise of smart cities, IoT integration, and AI-driven content management also supports growth.

Restraining Factors

The high initial investment and maintenance costs can deter small and medium-sized businesses. Rapid technological advancements lead to shorter product lifecycles, causing concerns over frequent upgrades. Compatibility issues with older systems and complex installation processes further limit adoption. Additionally, energy consumption and environmental concerns related to e-waste pose regulatory and sustainability challenges.

Market Segmentation

The South Korea commercial display market share is classified into display type, application, and end-user.

• The LCD segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea commercial display market is segmented by display type into LCD, LED, OLED, PDP, and projection. Among these, the LCD segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Its affordability, energy efficiency, and widespread availability. LCD displays are preferred for applications in retail, transportation, corporate settings, and public information systems due to their reliability and clarity. South Korea’s advanced manufacturing capabilities and strong supply chain for LCD panels support consistent production and innovation.

• The retail segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea commercial display market is segmented by application into retail, healthcare, corporate, education, and hospitality. Among these, the retail segment dominated a share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rapid adoption of digital signage for advertising, branding, and customer engagement. Retailers use high-quality displays to enhance in-store experiences, promote dynamic content, and attract foot traffic. South Korea’s tech-savvy consumers and competitive retail landscape drive demand for advanced display solutions. Additionally, integration of AI and IoT in smart retail displays supports targeted marketing.

• The businesses segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea commercial display market is segmented by end-user into businesses, consumers, and government agencies. Among these, the businesses segment held a dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is driven by high demand from retail stores, corporate offices, and the hospitality sector for digital signage and interactive displays to enhance customer engagement, streamline communication, and improve brand visibility and operational efficiency.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea commercial display market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hexoskin
• MetaSkin
• MEZOO Co., Ltd.
• Chowis Co., Ltd.
• CELLHUG
• Samsung Electronics
• MC10 Korea
• LG Electronics (via LG Display subsidiary)
• Neofect
• Yuyan Tech
• Laxcen
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea commercial display market based on the below-mentioned segments:

South Korea Commercial Display Market, By Display Type

• LCD
• LED
• OLED
• PDP
• Projection

South Korea Commercial Display Market, By Application

• Retail
• Healthcare
• Corporate
• Education
• Hospitality

South Korea Commercial Display Market, By End-User

• Businesses
• Consumers
• Government Agencies