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The global interactive display market is expected to grow at a CAGR of 6.5% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the rising demand for interactive displays in the education sector.
LG Electronics, Samsung Electronics Co., Ltd., NEC Corporation, Panasonic Corporation, ViewSonic Corporation, and Sharp Corporation, among others, are the major players in the global interactive display market.
The global interactive display market is expected to grow at a CAGR of 6.5% in the forecast period of 2023-2028. As per the analysis by Expert Market Research, the market is expected to be driven by the rising demand for interactive displays in the education sector.
Interactive displays are extensively utilised in the education sector to create a more collaborative learning environment. With the surge of the COVID-19 pandemic and consequent increase in edtech, the demand for interactive displays to enhance student engagement and facilitate active learning and collaboration is growing. Interactive displays are also known to enhance classroom management, inculcate critical and cognitive abilities in students, and boost the enthusiasm of students, which is anticipated to boost their demand in the forecast period.
In the healthcare sector, an interactive display is used to provide innovative health messages and improve communication between patients and healthcare providers. The display also improves the productivity and efficiency of healthcare providers, as it enables them to easily access information regarding their assigned duties and efficiently record and update patient information. Moreover, hospitals are increasingly utilising interactive displays to improve the quality of healthcare services and enhance overall patient satisfaction.
Various leading companies in the market are increasingly launching interactive displays. For instance, in June 2021, ViewSonic launched its ViewBoard 52 Series, an interactive display series that was aimed to improve learning outcomes while improving the classroom experience. The series feature a unique multimedia sound bar for providing superior audio to the classroom. It is designed as a user-centric solution and is equipped with USB-C front-facing inputs for easily connecting to BYOD devices. The interactive display also enables teachers to easily access frequently used features.
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Headquarters: | Seoul, South Korea |
Establishment: | 1958 |
Website: | https://www.lg.com/ |
LG Electronics is a leading electronics and technology company, based in South Korea. The company is also one of the major manufacturers of commercial and consumer products, including home appliances, televisions, monitors, automotive components, and service robots. It offers its innovative products in almost all countries across the globe. Through its research and development activities, the company aims to boost the development of innovative products.
Headquarters: | Gyeonggi-Do, South Korea |
Establishment: | 1969 |
Website: | http://www.samsung.com/ |
Samsung Electronics is a leading electronics company that has 228 subsidiaries across the globe. Some of its popular finished products are washers, display panels, TVs, and refrigerators, among others. It is also involved in the manufacturing and distribution of telematics, semiconductors, and display cockpits. Through its extensive research and development expenditure, the company aims to develop innovative electronic solutions for driving sustainability across several end-use sectors.
Headquarters: | Tokyo, Japan |
Establishment: | 1899 |
Website: | https://www.nec.com/ |
NEC Corporation has operations in public infrastructure, public solutions, network services, and enterprise segments. The company offers integrated network and IT technologies for enabling businesses to rapidly adapt to social and environmental changes. In November 2022, the company and Virginia Tech Transportation Institute carried out a proof of concept for providing warning and safety information to bolster road safety.
Headquarters: | Osaka, Japan |
Establishment: | 1918 |
Website: | https://www.panasonic.com/ |
Panasonic Corporation is a company that manufactures various consumer electronic products. Its products and services are used in several sectors like food distribution and home appliances, among others. In October 2022, Panasonic Energy signed an MoU regarding an offtake agreement with Nouveau Monde Graphite for establishing a supply chain in North America.
Headquarters: | California, United States |
Establishment: | 1987 |
Website: | https://www.viewsonic.com/ |
ViewSonic Corporation provides innovative communication, computing, and electronic solutions. Some of its product portfolios include cloud computing solutions and several display-centric products, such as projectors, LED monitors, and commercial displays, among others. It aims to provide innovative solutions that rapidly meet customer diverse requirements.
Headquarters: | Sakai, Osaka, Japan |
Establishment: | 1912 |
Website: | https://global.sharp/ |
Sharp Corporation is a company that is engaged in the sales and manufacturing of electronic and electric application equipment, telecommunications equipment, and electronic components. The company has 8 priority businesses, through which it intends to address several social issues. The company aims to create innovative products and solutions featured with 5G, 8K, and AioT, and other latest technologies.
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