Interactive Display System Market Trends, Analysis and Forecasts, 2018 – 2024
Interactive displays are defined as the display units that receive user input through a stylus or fingers instead of mouse and facilitate easy and reliable human-machine interaction. The unprecedented rise in the penetration of internet and the need for reducing human involvement in varied manufacturing processes has compelled the necessity for easy as well as reliable human-machine interaction. Interactive displays being user-friendly are increasingly finding applications in multiple verticals. Owing to its user-friendly nature, interactive displays are able to accept user input through stylus or fingers instead of peripheral devices such as mouse. Along with conventional touch screen devices, interactive monitors, interactive walls, interactive kiosks, and interactive whiteboards rank among few popular interactive display devices that have registered an increased adoption rate, especially in the developed countries such as the U.S., U.K., and Canada. The main aim of such systems is to simplify information presentation and further augment user experience.
The global interactive display system market is expected to garner maximum revenue in the forecast period. Factors such as large number of opportunities and dynamic nature of interactive displays, increasing trend of adoption of interactive displays in the retail field, and customer engagement with interactive displays have resulted in the high demand for interactive displays. Also, rising deployment of interactive flat-panel displays in various educational institutes is fuelling the demand for the interactive displays in the market.
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The global interactive display system market can be classified based on product, panel size, vertical and region. On the basis of product, the global market is classified into interactive monitor, interactive kiosks, interactive table, interactive whiteboards, interactive flat-panel display, interactive video wall, and others. Depending upon panel size, it is segmented into 17”- 32”, 32”- 65”, and above 65”. As per vertical, the global interactive display system market is divided into education, healthcare, industrial, retail, entertainment, industrial, government and corporate, transportation, and others.
Among the market segments, the interactive flat-panel displays market is expected to grow at the highest rate during the forecast period. Interactive flat-panel display helps the user to interact with the content in a smooth and easy manner. These displays aid the students to comprehend the classroom content in a simplified and easy manner.
Based on regions, the global interactive display system market is divided into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to command the maximum market share and would lead the interactive display system market during the forecast period. The presence of various manufacturers and solutions providers of interactive display and large scale usage of interactive whiteboards and flat-panel displays in the Americas in field of education and government and corporate sector is propelling this market growth.
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The major companies that provide interactive display system include Interactive Touchscreen Solutions, Inc., Panasonic Corporation, Samsung Display Co., Ltd., Ltd., Intuilab SA. NEC Display Solutions Ltd., LG Display Co., Planar Systems, Inc., Baanto International Ltd. , among others.