Rising Demand for Flexible LED Displays Predicted to Drive Interactive Display Market

1. Adoption of Interactive Displays Increasing in Education Sector Owing to their Declining Prices The education systems across the globe have changed radically over the past few years. While before, notebooks, pens, and blackboards were necessary items, now teachers and students both are making use of laptops and display screens for conducting lessons. This can be attributed to technological advancements and growing use of internet across the globe. Owing to such factors, the adoption of interactive displays has risen considerably in the education sector. Get https://www.psmarketresearch.com/market-analysis/interactive-display-market/repo rt-sample the Sample Copy of this Report @ These are mounted devices that allow users to make visual presentations and control the data that is projected on the screen via digital touchscreen interactions. The global interactive display market has been witnessing strong growth due to the declining prices of display screens. As the adoption of these products is rising, manufacturers are releasing cheaper model. For example, the price of LED displays is expected to decrease by 20% in the years to come. Moreover, manufacturers have also started focusing on upgrading resolutions and increasing panel size fir providing users with an enhanced experience. The adoption of flexible LED displays is on rise particularly. These products offer a number of advantages and are better than interactive LCDs. Interactive flexible LEDs provide improved picture quality and high-resolution. These devices further have the ability to capture picture motions in several configurations and areas from a wide variety of gadgets, such as cameras, link boxes, and personal computers. In addition, flexible displays with lower thickness than that of LCDs are also available these days.

2. The interactive display market is expected to attain a revenue of $16.4 billion by 2024, increasing from $9.2 billion in 2018, progressing at a 10.4% CAGR during the forecast period (2019–2024). On the basis of product, the market is categorized into interactive monitor, interactive flat panel, interactive whiteboard, interactive table, interactive video wall, and interactive kiosk. Among these, the interactive kiosk category held the largest share of the market in 2018 due to the rising demand for self-service terminals. Make https://www.psmarketresearch.com/send-enquiry?enquiry-url=interactive-display-m arket Enquiry Before Purchase @ The market is divided into industrial, corporate & government, education, retail, transportation, hospitality & healthcare, BFSI, retail, and other, out of which, the education industry accounted for the largest share of the market in 2018. Governments of several countries are initiating smart learning programs in the education sectors. Apart from this, the hospitality & healthcare sector is projected to progress at the fastest pace during the forecast period. Geographically, the Asia-Pacific region dominated the interactive display market in the past and is further predicted to register the highest CAGR during the forecast

3. period. The rising investments in the transportation and education sectors in several countries, such as Australia, China, and India, is resulting in the growth of the regional market. In the transportation sector, interactive displays are used in various applications such as ticket machines, passenger information display systems, and control panels. In conclusion, the market is witnessing growth due to the advancements in the education sector and the rising demand for interactive flexible LED displays across the globe.