Smart Display Global Market Report 2024

Description

Smart Display Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on smart display market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for smart display? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart display market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Smart Display Mirror; Smart Home Display; Smart Signage
2) By Resolution: Ultra High Definition(UHD); Full High Definition(FHD); High Definition(HD)
3) By Display Size: Below 32 Inch; Between 32 and 52 Inch; Above 52 Inch
4) By End User: Residential; Retail; Automotive; Healthcare; Sports And Entertainment
Companies Mentioned: Visteon Corporation; Samsung Electronics Co. Ltd.; LG Display Co. Ltd.; Continental Automotive GmbH; Panasonic Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A smart display refers to a screen-equipped device integrated with voice assistant capabilities, commonly used in residential or commercial settings. These devices feature touchscreens, enabling activities like entertainment, educational videos, and video chats, besides basic controls.

The primary types of smart displays include smart display mirrors, smart home displays, and smart signage. Smart display mirrors are two-way mirrors with electronic displays behind the glass, showcasing various informational widgets such as weather updates, time, date, and news. These displays come in varying resolutions like UHD, FHD, and HD, and sizes categorized below 32 inches, between 32 and 52 inches, and above 52 inches. The diverse user base comprises residential, retail, automotive, healthcare, and sports and entertainment sectors.

The Smart displays market research report is one of a series of new reports from The Business Research Company that provides Smart displays market statistics, including Smart displays industry global market size, regional shares, competitors with a Smart displays market share, detailed Smart displays market segments, market trends and opportunities, and any further data you may need to thrive in the Smart displays industry. This Smart displays market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The smart display market size has grown exponentially in recent years. It will grow from $4.84 billion in 2023 to $6.26 billion in 2024 at a compound annual growth rate (CAGR) of 29.3%. The historical growth can be credited to the emergence of smart home technology, evolving entertainment preferences, expanded applications in healthcare, advancements in gaming consoles and interfaces, and a growing focus on energy efficiency.

The smart display market size is expected to see exponential growth in the next few years. It will grow to $17.75 billion in 2028 at a compound annual growth rate (CAGR) of 29.7%. The projected growth is expected to be driven by the development of flexible and foldable displays, an increased emphasis on privacy and security features, a focus on environmental sustainability, advancements in haptic feedback technology, and the evolution of automotive infotainment systems. Major trends anticipated in the forecast period involve integration with augmented and virtual reality, blockchain, artificial intelligence, and machine learning, enhanced connectivity with wearable technology, and ongoing advancements in touchscreen technology.

The growth of the smart displays market is expected to be propelled by the increasing number of internet users globally. Internet users, accessing the Internet via various devices, are a key demographic benefiting from smart displays. These devices integrate the functionalities of smart speakers, like Google Home or Amazon Echo, with a touchscreen interface, enhancing user experience for activities such as watching videos. As of November 2022, the International Telecommunication Union reported that approximately 4.9 billion people, constituting 63% of the world's population, were using the internet in 2021. This surge in internet users is a significant driver for the growth of smart displays.

Another contributing factor to the expansion of the smart display market is the growing residential sector. The residential sector encompasses the real estate market dedicated to private housing for individuals and families. Smart displays play a crucial role in creating connected and intelligent home environments, offering features that enhance daily living, home security, real-time information access, home automation integration, and energy consumption monitoring and control. In October 2023, the United States Census Bureau reported a substantial increase in privately owned housing units approved by building permits, reaching 1,524,000 on a seasonally adjusted yearly basis. This represents a 13.8% growth compared to the previous month, indicating a rising trend in the residential sector, contributing to the smart display market's growth.

A key trend in the smart display market is technological advancement. Major industry players are actively developing innovative products embedded with advanced technologies to strengthen their market positions. In June 2022, Sharp Canada, a leading Japanese manufacturer of electronic products, introduced the Aquos Board smart display. Available in three different sizes - 85.6 inches, 74.5 inches, and 64.5 inches - these smart displays feature Sharp's precision touch and zero bonding technology. The boards deliver an intuitive Pen-on-Paper user experience, true 4K reading and writing capabilities, and a selection of smart interactive displays. This commitment to technological innovation reflects the industry's focus on delivering cutting-edge solutions to meet the evolving demands of consumers in the smart display market.

Leading companies in the smart display market are directing their focus towards innovative products like smart mirrors to drive revenue growth. Smart mirrors are technologically enhanced mirrors that offer functionalities beyond traditional reflection. For example, in February 2022, Israel-based technology company MySize Inc. introduced an AI interactive smart mirror. This smart mirror utilizes a camera to project various virtual elements onto a screen, serving as an educational and entertaining tool in public areas. Equipped with features such as gesture detection, touchpad integration, and voice recognition, customers can interact with virtual assistants and access a wide range of information and services seamlessly during their daily routines.

In a strategic move, Taiwan-based AUO Display Plus, operating in industrial and commercial display solutions, acquired Rise Vision in September 2022. Rise Vision, a Canada-based cloud-based digital signage software company, specializes in smart display solutions. The acquisition is part of AUO Display Plus's expansion strategy in the Software as a Service (SaaS) domain, particularly in digital signage solutions. This move is expected to broaden AUO Display Plus's presence in the education sector, showcasing a commitment to innovation and comprehensive offerings in the smart display market.

Major companies operating in the smart display market report are Visteon Corporation, Samsung Electronics Co. Ltd., LG Display Co. Ltd., Continental Automotive GmbH, Panasonic Corporation, Leyard Optoelectronic Co. Ltd., Sony Corporation, Sharp Corporation, Robert Bosch GmbH, BOE Technology Group Co. Ltd., Alpine Electronics Inc., Lenovo Group Limited, Xiaomi Corporation, NEC Corporation, ViewSonic Corporation, Apple Inc., Microsoft Corporation, Google LLC, TCL Corporation, Hisense Group Co. Ltd., Skyworth Digital Holdings Limited, Koninklijke Philips N.V., Vizio Inc., Hitachi Ltd., InFocus Corporation, BenQ Corporation, Elo Touch Solutions Inc., Planar Systems Inc., Avnet Inc., Mitsubishi Electric Corporation.

North America was the largest region in the smart display market in 2023. The regions covered in the smart display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the smart display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart display market consists of sales of all-in-ones (AIOs) displays, LED video wall displays, large-format interactive flat panel displays (IFPDs), smart boards, and projectors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r13047

1. Executive Summary

2. Smart Display Market Characteristics

3. Smart Display Market Trends And Strategies

4. Smart Display Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Smart Display Market Size and Growth

5.1. Global Smart Display Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Smart Display Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Smart Display Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Smart Display Market Segmentation

6.1. Global Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Smart Display Mirror
Smart Home Display
Smart Signage
6.2. Global Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Ultra High Definition(UHD)
Full High Definition(FHD)
High Definition(HD)
6.3. Global Smart Display Market, Segmentation By Display SizE, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Below 32 Inch
Between 32 and 52 Inch
Above 52 Inch
6.4. Global Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Retail
Automotive
Healthcare
Sports And Entertainment

7. Smart Display Market Regional And Country Analysis

7.1. Global Smart Display Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Smart Display Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Smart Display Market

8.1. Asia-Pacific Smart Display Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Smart Display Market

9.1. China Smart Display Market Overview
9.2. China Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Smart Display Market

10.1. India Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Smart Display Market

11.1. Japan Smart Display Market Overview
11.2. Japan Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Smart Display Market

12.1. Australia Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Smart Display Market

13.1. Indonesia Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Smart Display Market

14.1. South Korea Smart Display Market Overview
14.2. South Korea Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Smart Display Market

15.1. Western Europe Smart Display Market Overview
15.2. Western Europe Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Smart Display Market

16.1. UK Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Smart Display Market

17.1. Germany Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Smart Display Market

18.1. France Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Smart Display Market

19.1. Italy Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Smart Display Market

20.1. Spain Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Smart Display Market

21.1. Eastern Europe Smart Display Market Overview
21.2. Eastern Europe Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Smart Display Market

22.1. Russia Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Smart Display Market

23.1. North America Smart Display Market Overview
23.2. North America Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Smart Display Market

24.1. USA Smart Display Market Overview
24.2. USA Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Smart Display Market

25.1. Canada Smart Display Market Overview
25.2. Canada Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Smart Display Market

26.1. South America Smart Display Market Overview
26.2. South America Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Smart Display Market

27.1. Brazil Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Smart Display Market

28.1. Middle East Smart Display Market Overview
28.2. Middle East Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Smart Display Market

29.1. Africa Smart Display Market Overview
29.2. Africa Smart Display Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Smart Display Market, Segmentation By Resolution, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Smart Display Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Smart Display Market Competitive Landscape And Company Profiles

30.1. Smart Display Market Competitive Landscape
30.2. Smart Display Market Company Profiles
- 30.2.1. Visteon Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Samsung Electronics Co. Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. LG Display Co. Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Continental Automotive GmbH
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Panasonic Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Smart Display Market Competitive Benchmarking

32. Global Smart Display Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Smart Display Market

34. Smart Display Market Future Outlook and Potential Analysis

34.1 Smart Display Market In 2028 - Countries Offering Most New Opportunities
34.2 Smart Display Market In 2028 - Segments Offering Most New Opportunities
34.3 Smart Display Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer