Interactive Display Market growing at a CAGR of 7.8% from 2023 to 2030

The global interactive display market size was estimated at USD 41.45 billion in 2022 and is projected to reach USD 75.06 billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030. The study comprises an interactive kiosk, video walls, a table, monitors, and a whiteboard.

Key Market Trends & Insights

  • The North America region led the overall market in 2022, with a market share of 40.8%.
  • Asia Pacific is anticipated to witness the fastest growth, growing at a CAGR of 10.2% throughout the forecast period.
  • Based on display type, the kiosk segment dominated the overall market, gaining a market share of 73.4% in 2022 and witnessing a CAGR of 7.2% during the forecast period.
  • In terms of application, the BFSI segment is expected to dominate in 2022, gaining a market share of 25.8% and witnessing a CAGR of 8.3% during the forecast period.
  • On the basis of application, the retail segment is anticipated to observe the fastest growth, growing at a CAGR of 9.1% throughout the forecast period.

Market Size & Forecast

  • 2022 Market Size: USD 41.45 billion
  • 2030 Projected Market Size: USD 75.06 billion
  • CAGR (2023-2030): 7.8%
  • North America: Largest market in 2022

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The interactive or touchscreen display is a display unit that accepts user commands with the help of a finger or stylus in place of peripheral devices, such as a mouse or keyboard. Additionally, these displays include screens that project information, such as texts, images, and videos. These display screens are used in various industries, such as retail, healthcare, hospitality, and education. The market is expected to witness significant growth in the coming years, primarily owing to increasing demand for digital classrooms as well as growing adoption of these displays, such as video walls and tables. These video walls and tables are used at transit spaces/public transportation, such as railway stations and airports.

Rapidly increasing adoption of touchscreen tables as well as video walls in the hospitality and corporate sectors is expected to drive the market during the forecast period. The touchscreen table acts as a menu board to indicate the waiting time of the orders taken from the customer, along with prices and ingredients. Furthermore, the use of touchscreen tables in corporate meetings has been observed to provide a better experience for the clients as well as employees. The use of such technology in offices allows better engagement between employees, management, and clients.

Digitalization in the education sector involving the use of new technologies, such as smartphones, tablets, laptops, and touchscreen whiteboards and tables, projectors, and kiosks in classrooms, increases student engagement and makes the learning process more reciprocal, resulting in increased learning retention levels. Moreover, these displays help in maintaining a convenient communication environment that encourages group learning, participation, and creativity in the classroom, along with feedback not only between teachers and students but also among the students themselves. Besides, these display technologies permit teachers to include media, games, audio clips, and video clips in their lessons. In the past few years, student preferences have been witnessing a paradigm shift towards digital learning as it allows them to learn through relevant digital content.

Furthermore, factors such as internet penetration and changing preferences towards technology have positively influenced the adoption of touch display technologies. Additionally, the rising emphasis on gamification in the education system has boosted market growth. Gamification is considered to be an influential tool, which improves the medium of delivering lectures by incorporating lessons in the form of games and helps to develop cognitive skills and effective interaction in classrooms. Moreover, it enables the integration of 3D characters and game mechanics into effective courseware to make the learning process more reciprocal for students.

Interactive Display Market Report Scope

Report Attribute

Details

Market size value in 2023

USD 44.33 billion

Revenue forecast in 2030

USD 75.06 billion

Growth Rate

CAGR of 7.8% from 2023 to 2030

Historic year

2017 – 2021

Base year for estimation

2022

Forecast period

2023 – 2030

Report updated

May 2023

Quantitative units

Revenue in USD Billion and CAGR from 2023 to 2030 

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Display type, application, region

Regional scope

North America; Europe; Asia-Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; Germany; UK; France; China; India; Japan; Mexico; Brazil

Key companies profiled

Box Light corporation; eyefactive GmbH; HORIZON DISPLAY INC.; IDEUM; LG Display Co.; Marvel Technology (China) Co.,Ltd; MMT GmbH & Co. KG.; Panasonic Corporation; SHARP CORPORATION; TableConnect

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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