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Pulished Date April, 2021
ID: 9142
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Smart Display Market Research Report - Segmentation By Touch Panel Type (Resistive, Capacitive); Technology (OLED, TFT-LCD, and Others); Product Type (Smart Wearables, Smart Televisions, Smart Phones, and Others); End-User (Residential, Automotive, Sports & Entertainment, Retail, Hospitality, and Others); Region – Forecast to 2026

Pulished: April, 2021
ID: 9142
Pages: 150

Smart Display Market Size (2021-2026)

The global Smart Display Market is expected to grow from USD 901 million in 2020 to USD 7102 million by 2026, with a whopping CAGR of about 36.0% in the forecast period. Smart Display Market is already witnessing the growth from the past 5 to 7 years because of the uses it has in daily life.

Smart Display is a display that features a touchscreen, easy-going keyboard, portable functions, etc., They are used in various applications such as smartphones, computers, laptops, video game consoles, home security systems and so on. The increase in the demand for these smart displays is because of the excellent features they offer.

Smart Displays are way too intelligent that can be controlled by simple voice commands, remote devices and with the help of the IoT (Internet of Things) and also with AI (Artificial Intelligence). Smart Display is a solution for most of the manufacturers to add some interactive features that attract the buyers for their products in the market. And also, they can merge some advanced features in their products. The benefits that smart display offers is one of the primary reasons for the growth of the Smart Display Market.

Smart Display is a touchscreen device that can enable its users to share, connect and interact with other connected device, and they are also used to communicate as a monitor for web surfing and other activities. These smart displays have a wide range of portfolio in terms of their application, which includes the automotive, residential, commercial, education, and healthcare industries, among others. 

Drivers and Restraints

The rise in the trend of digitalization enabled the conversion of a conventional home to a smart house by using technologies like IoT (Internet of Things), AI (Artificial Intelligence), etc. The simplification of applying integrating smartness to house made end-user show interest in them. The factor of the digitalization trend is growing on people day by day.

This is rising the demand for gadgets like smart speakers, smart lights, etc., which need a display to use them with ease. And the competition between the big brands made these products cheaper and agile to attract consumers. Amazon, one of the leading companies that manufacture smart displays, have no competition till 2017. But, because of the success of the ecosystem that Amazon offered, Brands like Google LLC, Lenovo, Facebook, Samsung came to the market. These factors are fuelling the growth of the Smart Display Market.

The upsurge in demand for smart mirrors in the automobile industry is one of the critical factors for the rise in Smart Display Management. The need for safety and secure feel in the automotive industry is growing every day. Also, the element of comfort and luxury is willing the manufacturer to integrate these smart displays in the vehicles they manufacture. They are used for many applications in the automotive industry like showing the temperature, controlling the infotainment and multimedia in a car which is one of the standard features now in almost every vehicle. Nowadays, smart displays are also used for displaying the speedometer and tachometer to add the coolness factor. And also because of the need for connected cars for the future, these smart displays are going to play one of the significant roles. 

Market Segmentation

Smart Display Market - By Touch Panel Type

  • Resistive
  • Capacitive

Smart Display Market - By Technology

  • OLED
  • TFT-LCD
  • Others

Smart Display Market - By Product Type

  • Smart Wearables
  • Smart Televisions
  • Smartphone
  • Others

Smart Display Market - By End-User

  • Residential

  • Automotive

  • Sports & Entertainment

  • Retail

  • Hospitality

  • Others (Corporate and Banking Sector)

Automotive industry is going to be one of the active areas for the smart display market. This is majorly due to the usage of these smart mirrors in multiple applications in the automotive industry, which are replacing the traditional rear and side-view mirrors. These applications can use to increase the safety factor and also comfortable to apply for the consumer. Not only as smart mirrors but also for many other applications in the automotive industry like infotainment systems, displaying the temperature of the air conditioning system and even for displaying speedometer, tachometer and fuel gauge are boosting the growth of smart display market in the automotive industry.

The retail segment is going to witness massive growth because of the competition that retail stores are having with online shopping. To attract customers to their store, retailers would bring these displays to showcase their products and their offerings as advertisements. Factors like improving the customers shopping experience a bit better are one of the key factors that this smart display business is going to shine in the retail segment.

Smart Display Market - By Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa

It is expected that North America smart display market is going to hold a significant share in the forecast period. The adoption of advanced technology is growing day by day in countries like Canada and the US. And the rise in their revenue is one of the reasons for this market to grow in the North American region. In addition, demand for consumer electronics is increasing because of the comfort and ease of living that they offer in this region.

Asia-Pacific (APAC) smart display market as an excellent scope for the growth of this business, owing to the presence of the largest smart display manufacturers in Japan, China, and Taiwan. It is followed by Europe, which is the home to luxury carmakers like BMW, Mercedes-Benz, Audi, Volkswagen, Daimler in Germany and Volvo in Sweden.

Key Players of Market

  1. Amazon

  2. Benq

  3. Hitachi Ltd.

  4. Panasonic Corporation

  5. LG Signature

  6. Samsung Electronics Co. Ltd.

  7. Boxlight Corporation

  8. Vivo

  9. Nexcom International Co. Ltd.

  10. John Deere

Recent Industry Developments

  • BenQ's, a Taiwan based company, has announced its new Display with a 240Hz refresh rate. BenQ is saying that the Display they are going to launch has a very less motion blur which we have not seen yet. Not only the 240Hz refresh rate but also the addition of DyAc+ (Dynamic Accuracy Plus) technology that they have developed for their future products is also one of the reasons for the decrease in the motion blur. The technology, DyAc+, can also be used instead of Adaptive-Sync. 
  • Google has recently introduced Google Home Hub, which has a feature called Ambient EQ, which is a combination of a dedication sensor and imaging algorithm that tunes displays' color and brightness. 
  • Boxlight Technologies, a US-based company and Central Technologies are selected as approved providers interactive panel displays for Shelby County Schools, one of the largest public school districts in the United States. It is said that Procolor Interactive Flat Panel Display is at the top in product from vendor-submitted proposals. Boxlight Technology is manufacturing these displays with its subsidiary Mimio.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Smart Display Market, By Touch Panel Type                 

                                6.1.1 Resistive  

                                6.1.2 Capacitive

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Smart Display Market, By Producy Type                         

                                6.2.1 Smart Wearables 

                                6.2.2 Smart Televisions 

                                6.2.3 Smartphones         

                                6.2.4 Market Size Estimations & Forecasts (2021-2026)

                                6.2.5 Y-o-Y Growth Rate Analysis              

                                6.2.6 Market Attractiveness Index           

                6.3 Smart Display Market, By End-User                 

                                6.3.1 Residential              

                                6.3.2 Automotive            

                                6.3.3 Sports & Entertainment    

                                6.3.4 Retail         

                                6.3.5 Hospitality               

                                6.3.6 Market Size Estimations & Forecasts (2021-2026)

                                6.3.7 Y-o-Y Growth Rate Analysis              

                                6.3.8 Market Attractiveness Index           

                6.4 Smart Display Market, By Technology                             

                                6.4.1 OLED         

                                6.4.2 TFT-LCD    

                                6.4.3 Market Size Estimations & Forecasts (2021-2026)

                                6.4.4 Y-o-Y Growth Rate Analysis              

                                6.4.5 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region

                7.2 North America - Market Analysis (2021-2026)

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Touch Panel Type           

                                7.2.3 By Producy Type   

                                7.2.4 By End-User           

                                7.2.5 By Technology       

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Touch Panel Type           

                                7.3.3 By Producy Type   

                                7.3.4 By End-User           

                                7.3.5 By Technology       

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Touch Panel Type           

                                7.4.3 By Producy Type   

                                7.4.4 By End-User           

                                7.4.5 By Technology       

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Touch Panel Type           

                                7.5.3 By Producy Type   

                                7.5.4 By End-User           

                                7.5.5 By Technology       

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Touch Panel Type           

                                7.6.3 By Producy Type   

                                7.6.4 By End-User           

                                7.6.5 By Technology       

8. Key Player Analysis                                    

                8.1 Amazon                       

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Benq                             

                8.3 Panasonic Corporation                          

                8.4 Hitachi Ltd                  

                8.5 Samsung Electronics Ltd                        

                8.6 LG Signature                              

                8.7 Vivo                               

                8.8 Boxlight Corporation                              

                8.9 Nexcom International Co. Ltd                             

                8.10 John Deere                              

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by offering, by product, by application, by region, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Smart Display Market By Region, From 2021-2026 ( USD Billion )
  2. Global Smart Display Market By Touch Panel Type, From 2021-2026 ( USD Billion )
  3. Global Resistive Market By Region, From 2021-2026 ( USD Billion )
  4. Global Capacitive Market By Region, From 2021-2026 ( USD Billion )
  5. Global Smart Display Market By Product Type, From 2021-2026 ( USD Billion )
  6. Global Smart Wearables Market By Region, From 2021-2026 ( USD Billion )
  7. Global Smart Televisions Market By Region, From 2021-2026 ( USD Billion )
  8. Global Smartphones Market By Region, From 2021-2026 ( USD Billion )
  9. Global Smart Display Market By End-User, From 2021-2026 ( USD Billion )
  10. Global Residential Market By Region, From 2021-2026 ( USD Billion )
  11. Global Automotive Market By Region, From 2021-2026 ( USD Billion )
  12. Global Sports & Entertainment Market By Region, From 2021-2026 ( USD Billion )
  13. Global Retail Market By Region, From 2021-2026 ( USD Billion )
  14. Global Hospitality Market By Region, From 2021-2026 ( USD Billion )
  15. Global Smart Display Market By Technology, From 2021-2026 ( USD Billion )
  16. Global OLED Market By Region, From 2021-2026 ( USD Billion )
  17. Global TFT-LCD  Market By Region, From 2021-2026 ( USD Billion )

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