Global Smart Display Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Smart Display Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global smart display market report has been segmented on the basis of touch panel type, technology, product type, end user, and region.

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Global Smart Display Market: Overview

Smart display is type of electronic display which can be connected to other smart devises and has features such as touch sensitivity, internet access, note writing, voice assistance, etc.

Global Smart Display Market: Dynamics

Increasing adoption of smart home appliances among end users is a key factor driving growth of the global smart display market. Smart displays can be used to make audio and video calls, live streaming data, and access internet, USB, externally attach hard drive data, and various other applications are also factors supporting growth of the global market. Increasing usage of voice assistance system for improve efficiency and enhance consumer personalization as well as use of personal assistance systems for healthcare sector are factors fueling growth of the target market. Furthermore, growing adoption artificial intelligence in smart devices and increasing internet of thigs applications are factors expected to boost growth of the global smart display market in the near future.

However, delay in response time in case of voice command based smart displays and compatibility issue are factors that may hamper growth of the global smart display market. In addition, growing concern regarding data security is another factor that could affect growth of the target market. Nevertheless, growing adoption of smart homes can create high revenue opportunities for players in the target market.

Global Smart Display Market: Segment Analysis

Among the end user segments, the automotive segment dominates the global market in terms of revenue and expected to maintain its dominance over the forecast period. Increasing use of smart display mirrors for rearview and side mirrors applications for improving safety and comfort of driver is a factor supporting growth of this segment in the target market. In addition, increasing demand for luxury cars and vehicles with advance technology are factors anticipated to boost growth of this segment.

The retail segment is expected to register lucrative growth in terms of revenue over the forecast period. Increasing installation of smart displays in shopping malls for offering product information and smart signage platform to consumers and improving their shopping experience are factors increasing demand for smart displays for retail applications.

Global Smart Display Market: Regional Analysis

Market in North America accounts for significant share in terms of revenue and is expected to maintain its position over the forecast period, followed by Europe. Presence of prominent players and high adoption of advance technology among end users are factors driving growth of the target market in North America region. In addition, increasing demand for consumer electronics that are convenient and comfortable is another factor expected to fuel growth of the smart display market in this region in the near future.

Market in Asia Pacific is expected to register fastest growth in terms of revenue over the forecast period. Presence of key display manufacturers in Japan and South Korea is a factor propelling growth of the target market in this region. Additionally, increasing adoption of smart display in automotive sector, coupled with growing automotive industry in countries in Asia Pacific are also factors fueling growth of the smart display market.

Global Smart Display Market Segmentation:

Segmentation by Touch Panel Type:

Resistive
Capacitive

Segmentation by Technology:

OLED
TFT-LCD
Others

Segmentation by Product Type:

Smart Wearables
Smart Televisions
Smartphone
Others

Segmentation by End User:

Residential
Automotive
Sports & Entertainment
Retail
Hospitality
Others (Corporate and Banking Sector)