Global Smart Display Market Overview:
According to the latest report by IMARC Group, titled Global Smart Display Market Report, Share, Size Growth, Trends, Opportunity and Forecast 2022-2027, the global smart display market reached a value of US$ 4.79 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.16 Billion by 2027, exhibiting at a CAGR of 22.56% during 2022-2027.
A smart display refers to a wireless voice-activated device that utilizes integrated virtual assistant software to provide information and perform tasks through a screen. It is being used for playing media, displaying information, such as the weather and upcoming appointments, for real-time updates. Smart displays are widely available in various sizes and advanced variants integrated with built-in cameras and speakers to provide video calling features. They offer numerous benefits, such as improved safety, convenience, productivity, hands-free access, etc. At present times, smart displays are used across several industries, such as medical, automotive, retail, residential, sports, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Smart Display Market Trends:
The growing product adoption in the automotive sector is primarily driving the smart display market. Additionally, the escalating demand for smart home security devices, including video doorbells and security cameras, is further propelling the market growth. Besides this, several technological advancements, including the integration of the Internet of Things (IoT) and artificial intelligence (AI) solutions with connected devices, are also augmenting the global market. Apart from this, the rising penetration of high-speed internet and the expanding electronics industry will continue to drive the smart display market in the coming years.
Global Smart Display Market 2022-2027 Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- BOE Technology Group Co. Ltd.
- Google LLC (Alphabet Inc.)
- Hitachi Ltd.
- Intel Corporation
- Lenovo Group Limited
- LG Electronics Inc
- Qualcomm Incorporated
- Samsung Electronics Co.Ltd.
- Sharp Corporation
- Sony Group Corporation
- ViewSonic Corporation
- Winstar Display Co. Ltd.
Breakup by Type:
- Signage
- Mirror
- Home Display
Breakup by Display Size:
- Below 32 Inch
- Between 32 and 52 Inch
- Above 52 Inch
Breakup by Resolution:
- UHD
- FHD
- HD
Breakup by End User:
- Residential
- Retail
- Automotive
- Healthcare
- Sports and Entertainment
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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