According to the latest report by IMARC Group, titled “Commercial Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global commercial display market is expected to exhibit a CAGR of 7.3% during 2022-2027.
Market Outlook:
Commercial displays are massive liquid-crystal display (LCD) screen that enables companies to advertise their goods or services digitally to an international audience. They can be operated through projectors or quantum light-emitting diodes (QLED), which help showcase valuable information in text, images, video, audio, graphics, or flash formats. Commercial displays assist in attracting consumers attention through wayfinding, marketing, enhancing brand recognition, increasing product sales, and providing emergency notifications. As a result, commercial displays are engineered to withstand in high-traffic public places, including stores, hotels, restaurants, and transportation systems, to project several digital materials, such as social media, websites, and graphics.
Market Trends:
The rapid expansion in the media and entertainment sector and the rising demand for digital signage in the healthcare and transportation industries to improve product sales and provide enhanced customer service are mainly driving the market growth. Furthermore, the extensive government investments in infrastructure development and changing consumer lifestyles are stimulating market growth.
Moreover, the escalating employment of technologically advanced, energy-efficient, and high-end display products with immersive and highly interactive systems is favoring the market growth. Additionally, the integration of artificial intelligence (AI), virtual reality (VR), and augmented reality (AR) and the launch of improved displays with gesture sensing and infrared touchscreen devices are propelling the market growth. Besides this, the advent of commercial displays in varying panel sizes and resolutions, including 4K and 8K solutions, and the ongoing production of ultra-high-definition (HD) advertising materials are contributing to the market growth.
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Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global commercial display market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Players Included in Global Research Report:
- Cdw Corporation (NASDAQ: CDW)
- Cisco Systems, Inc. (NASDAQ: CSCO)
- Dell Technologies Inc. (NYSE: DELL)
- Koninklijke Philips N.V. (NYSE: PHG)
- LG Display Co., Ltd.
- NEC Display Solutions.
- Panasonic Corporation (OTCMKTS: PCRFY)
- Samsung Electronics Co., Ltd. (KRX: 005930)
- Sharp Corporation (OTCMKTS: SHCAY)
Market Segmentation:
The report has segmented the global commercial display market on the basis of product type, technology, component, panel type, size, application and region.
Based on Product Type:
- Digital Signage
- Display Monitor
- Display TVs
Based on Technology:
- LCD
- LED
- Others
Based on Component:
- Hardware
- Software
- Services
Based on Panel Type:
- Flat Panel
- Curved Panel
- Other Panel
Based on Size:
- Below 32 inches
- 32 to 52 inches
- 52 to 75 inches
- Above 75 inches
Based on Application:
- Retail
- Hospitality
- Entertainment
- Stadiums & Playgrounds
- Corporate
- Banking
- Healthcare
- Education
- Transportation
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
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- 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.
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