Interactive Display Market to Register 10.4% CAGR during 2019–2024

Other than the education sector, interactive displays are also used in the industrial, retail, banking, financial services, & insurance (BFSI), transportation, corporate & government, and healthcare & hospitality sectors. LCD as well as LED interactive displays come in the form of monitors, kiosks, tables, flat panels, video walls, and whiteboards.

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Out of these, interactive kiosks were the most in demand the past, because of the rising requirement for self-service terminals, expansion of the retail industry, and customer convenience. Making use of these kiosks allows customers to save time and avoid queues, particularly at service-intensive places, such as malls, when it comes to bill payments, and in banks, while making deposits and withdrawals.

As per the Ministry of Transport of China, the country made an investment of $72.7 billion in transportation infrastructure projects in the first three months of 2019. These days, interactive displays are of great importance in different transportation applications including passenger information displays, control panels, and ticketing machines.

Owing to the increasing investments in the transportation and education sectors, in countries such as Australia, China, and India, the Asia-Pacific (APAC) region is projected to emerge as the largest interactive display market in the coming years.

Hence, the need for a better learning experience in classrooms as well as more-efficient transportation operations is driving the requirement for interactive displays.