IMARC Group has recently released a new research study titled “Commercial Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the global commercial display market?
The global commercial display market is expected to exhibit a growth rate (CAGR) of 7% during 2023-2028.
What does commercial display mean?
Commercial display represents large digital screens that display media and digital content in a professional environment. It comprises numerous inputs and outputs, including display ports, an extra universal serial bus (USB), and a digital visual interface (DVI). The commercial display is widely available as digital signage, display monitor, and display TVs and manufactured with thinner bezels, smaller manufacturer logos, and fewer front-facing controls. It increases brand awareness and engages people, customers, clients, and colleagues in a business.
As a result, these screens are widely used in the entertainment, advertisement, healthcare, education, and transportation industries across the globe.
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What are the emerging trends in the commercial display industry?
The elevating demand for the product in the hospitality sector, on account of their extended warranties and ability to operate for a long run in a day, is primarily driving the commercial display market. Furthermore, the escalating requirement for these screens to provide knowledge and attract a wide consumer base is also augmenting the market growth.
Apart from this, the rising need for advanced display solutions for enhanced visual experience among individuals is positively influencing the global market. Moreover, the widespread adoption of commercial displays in tradeshows and events is further bolstering the market growth. Besides this, the growing popularity of organic light-emitting diode (OLED) and quantum dot light-emitting diode (QLED), owing to their enhanced performance compared to other screens, is acting as another significant growth-inducing factor.
Besides this, several technological advancements, such as tactile touchscreens, holographic displays, and outdoor three-dimensional (3D) screens, in these screens are expected to drive the commercial display market in the coming years.
Who are the key players operating in the industry?
The report covers the major market players including:
- Cdw Corporation
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Koninklijke Philips N.V.
- LG Display Co., Ltd.
- NEC Display Solutions.
- Panasonic Corporation
- Samsung Electronics Co., Ltd.
- Sharp Corporation
- Sony Corporation
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Digital Signage
- Display Monitor
- Display TVs
Breakup by Technology:
- LCD
- LED
- Others
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Panel Type:
- Flat Panel
- Curved Panel
- Other Panel
Breakup by Size:
- Below 32 inches
- 32 to 52 inches
- 52 to 75 inches
- Above 75 inches
Breakup by Application:
- Retail
- Hospitality
- Entertainment
- Stadiums & Playgrounds
- Corporate
- Banking
- Healthcare
- Education
- Transportation
Breakup by Geographical Analysis:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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