IMARC Group, a leading market research company, has recently released a report titled “Commercial Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global commercial display market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is the market for commercial display?
The global commercial display market is expected to exhibit a growth rate (CAGR) of 7% during 2023-2028.
A commercial display represents a large digital screen that is used by businesses for promoting their products or services to substantial masses. It includes multi-IR options and USB cloning features for display control, even from remote locations. A commercial display is generally manufactured to withstand direct sunlight, harsh wind, moisture, humidity, etc. In addition to this, it offers anti-burn-in and image retention. A commercial display provides various benefits, including durability, efficient management, ease of operation, etc. Consequently, it finds wide-ranging applications in airports, hospitals, restaurants, metro stations, corporate offices, bars, stadiums, shopping malls, etc.
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What are the growth prospects and trends in the commercial display industry?
The widespread adoption of large digital screens across several sectors, such as hospitality, education, transportation, etc., for advertising purposes, is primarily driving the commercial display market. Additionally, the rising investments in the development of infrastructural projects are further catalyzing the market growth. Besides this, the increasing consumer environmental concerns have led to the introduction of advanced technologies, including micro-LED and OLED, which in turn, is propelling the utilization of energy-efficient commercial displays.
Moreover, the emerging trend of customized display solutions and the growing production of UHD content by advertisers are also positively influencing the global market. Apart from this, the escalating demand for 4K and 8K product variants that provide higher resolution with intricate details, owing to the inflating popularity of artificial intelligence and machine learning, is anticipated to fuel the commercial display market over the forecasted period.
Commercial Display Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global commercial display market has been studied in the report with the detailed profiles of the key players operating in the market.
Who are the key players operating in the Commercial Display industry?
Commercial Display Companies:
- Cdw Corporation
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Koninklijke Philips N.V.
- LG Display Co., Ltd.
- NEC Display Solutions.
- Panasonic Corporation
- Samsung Electronics Co., Ltd.
- Sharp Corporation
Key Market Segmentation:
The report has segmented the global commercial display market on the basis of product type, technology, component, panel type, size, application and region.
Breakup by Product Type:
- Digital Signage
- Display Monitor
- Display TVs
Breakup by Technology:
- LCD
- LED
- Others
Breakup by Component:
- Hardware
- Software
- Services
Breakup by Panel Type:
- Flat Panel
- Curved Panel
- Other Panel
Breakup by Size:
- Below 32 inches
- 32 to 52 inches
- 52 to 75 inches
- Above 75 inches
Breakup by Application:
- Retail
- Hospitality
- Entertainment
- Stadiums & Playgrounds
- Corporate
- Banking
- Healthcare
- Education
- Transportation
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Explore Full Report Description At: https://www.imarcgroup.com/commercial-display-market
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Article source: https://article-realm.com/article/Business/44359-Commercial-Display-Market-Outlook-Demand-Industry-Size-and-Trends-2023-2028.html
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