According to a new report Global Smart Display Market, published by KBV research, The Global Smart Display Market size is expected to reach $15.1 billion by 2027, rising at a market growth of 22.1% CAGR during the forecast period.
In 2020, smart signage is projected to account for a greater portion of revenue of the smart display industry. Smart signage systems are becoming increasingly popular owing to their appealing characteristics, such as the ability to link with IoT-enabled items and show consumer-specific ads, which provide customers with a highly personalized in-store shopping experience.
The Retail market dominated the Global Smart Display Market by End User 2020, thereby, achieving a market value of $4,575.9 million by 2027. The Residential market is estimated to grow at a CAGR of 21.1% during (2021 - 2027). Additionally, The Healthcare & Life Sciences market is expected to witness a CAGR of 22.6% during (2021 - 2027).
North America is among the major revenue generator of the smart display market. Countries in North America, such as the United States, Canada, and Mexico, are open to sophisticated technology-enabled products. Due to the existence of early adopters and important smart display suppliers in the US, smart displays would gain a high penetration rate during the forecast period. Customers' readiness to adopt and employ new technology has prompted regional producers to develop new and sophisticated goods.
Full Report: https://www.kbvresearch.com/smart-display-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Qualcomm, Inc., Intel Corporation, Honeywell International, Inc., NEC Corporation, Amazon.com, Inc., Google, Inc., LG Electronics, Inc. (LG Corporation), Sony Corporation, Apple, Inc., and Samsung Electronics Co., Ltd. (Samsung Group)
By Resolution
By Type
By Display Size
By End User
By Geography
Companies Profiled