The global Commercial Display Market size is anticipated to reach USD 57,907.09 million by 2025. It is anticipated to register growth with 7.07% CAGR during the forecasted period, 2019 to 2025. This growth can be attributed to the rising usage of digital displays for advertising and marketing purposes.
The digital signage product segment held the largest share across the global market, in 2018 owing to the surging usage of such displays across retail stores like supermarkets and shopping malls. On the other hand, the TV display segment is anticipated to register steady growth with around 4.0% CAGR from 2019 to 2025.
The flat panels segment dominated the global market with share of 60% owing to its rising usage for applications like TVs, monitors, video walls. Also, the curved panels are expected to show significant growth on account of its rising usage in the production of smartphones, monitors, wearable devices, and TVs.
In 2018, North America held the largest share exceeding 30% across the global market due to the increasing adoption of electronic appliances among the millennial population across countries like the U.S. and Canada. On the other hand, Asia Pacific is projected to witness the fastest growth with 7.03% from 2019 to 2025 on account of adoption of the commercial displays across hospitality, retail, transportation, and healthcare sectors for marketing and advertising purposes.
The commercial display market includes key players such as SAMSUNG, Dell, Cisco Systems, Inc., LG Display Co., Ltd., Sony Corporation, CDW, and Panasonic Corporation. They are engaged in launching various technologically advanced products for gaining a competitive advantage over other players. They are also making use of technologies like Artificial Intelligence, Machine Learning and remote hardware to develop state-of-art products.
The report “Commercial Display Market Size, Share & Trends Analysis Report By Product (Digital Signage, Display Monitor, Display TVs), By Technology, By Component, By Display Size, By Display Type, By Application, By Region, And Segment Forecasts, 2019 - 2025” is available now to Million Insights customers and can also be purchased directly from: XX
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Further key findings from the report suggest:
• The component segment of software is projected to witness significant growth with a 6.0% CAGR from 2019 to 2025.
• In 2018, the display type of flat panel held the largest share of around 60% across the global market.
• The display size above 75 inches is projected to witness the highest CAGR from 2019 to 2025.
• The Asia Pacific is projected to witness the fastest growth with CAGR of 7.03% from 2019 to 2025.
• The key players in this market are Dell, LG Display Co., Ltd., Cisco Systems, Inc., SAMSUNG, Sony Corporation, and Panasonic Corporation.
Million Insights has segmented the global commercial display market on the basis of product, technology, component, size, type, application, and region:
Commercial Display Product Outlook (Revenue, USD Million, 2014 - 2025)
• Digital Signage
• Video Walls
• Video Screens
• Transparent LED Screens
• Digital Posters
• Display Monitors
• Display TVs
Commercial Display Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Mini LED
• Micro LED
• Other LED
Commercial Display Component Outlook (Revenue, USD Million, 2014 - 2025)
Commercial Display Type Outlook (Revenue, USD Million, 2014 - 2025)
• Flat Panel
• Curved Panel
• Other Panel
Commercial Display Size Outlook (Revenue, USD Million, 2014 - 2025)
• Below 32 inches
• 32 to 52 inches
• 52 to 75 inches
• Above 75 inches
Commercial Display Application Outlook (Revenue, USD Million, 2014 - 2025)
• Stadiums & Playgrounds
Commercial Display Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• Asia Pacific
• South America
• Middle East & Africa