Display Market Analysis, Segments, Growth and Value Chain 2024

Display Market Analysis, Segments, Growth and Value Chain 2024

The display market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

Display market has registered itself as one of the most potential fraternities in electronics and media industry. The growth can be attributed to the digital revolution in customer-brand interaction model. Advancements in digital technologies, according to experts, have played a center role in shaping the way consumers nowadays think about and engage with brands. In the backdrop of this scenario where consumer expectations are much higher and advanced than before, a paradigm shift has been observed in how & where users interact with services and products – market is overtly one of the top beneficiaries of these changing trends. Reliable reports cite that market size was valued at over USD 7 billion in 2016, with global shipments exceeding 45 million units. Analysts deem that in a bid to offer intuitive interactions between user & deceives, several companies around the world are committing to display & touchscreen technologies, in turn creating phenomenal growth prospects for the global industry share.

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The finance & retail sectors aptly exemplify the phenomenal growth of the display market. The digital POS displays, smart ATMs, NFC-enabled terminals, and Kiosks have rapidly emerged as the most preferred mediums to engage with customers and offer them personalized services. Market players, in this regard, have been going the whole hog to perpetually come up with innovative range of products in sync with the ever-changing customer preference. Looking at the current trends, analysts deem that the retail and finance sectors stand poised to embellish market growth. However, in the coming years the market is expected to witness an appreciable growth rate from the healthcare sector.

Considering the healthcare industry to be adopting software and display technologies at an unprecedented pace, it is pivotal for prospective stakeholders to take note of this trend to garner lucrative proceeds in the coming years. Restaurants, entertainment, and ticketing are some other profitable display market growth areas where kiosks and POS displays are gaining traction.

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Considered as the second-generation products that marked the most high-profile entry in the burgeoning industry, foldable displays are likely to procure a major market chunk in the years ahead. In fact, smartphone industry giants including the likes of Samsung and LG are reportedly creating flexible OLEDs that can be rolled up or folded down to fit into pockets. With these trending technologies maturing sooner than anticipated, the display market potential seems to be quite promising.

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