Interactive Display Market its Future Outlook and Trends

Posted by Devanshu Shrivastava on December 2nd, 2021

With the falling prices of display screens, the usage of interactive display products such as monitors, kiosks, and whiteboards is soaring across the world. Moreover, the declining costs of touch-screen panels and light-emitting diode (LED) displays are positively impacting the sales of interactive displays. As per many estimates, the prices of LED displays will fall by 20% during 2019–2024.

Increasing the size of the panel and adopting upgraded resolutions including 8K, 4K, and full high definition (FHD) will improve the performance of the display and provide a much-improved view. Furthermore, this technology captures picture motion in several areas and configurations from a plethora of gadgets such as cameras, link boxes, or personal computers (PCs). Flexible LED displays are less thicker than the conventionally used liquid crystal displays (LCDs) and thus, provide better aesthetics.

Due to this factor, the usage of these displays is surging in various sectors such as transportation, retail, and hospitality & healthcare, thereby fueling their manufacturing across the world. Out of these, the usage of interactive displays was found to be the highest in the education sector during the last few years. This was because of the enactment of various government initiatives for promoting smart learning programs.

For example, under the Vision 2021 plan, the U.A.E. government is focusing on developing a first-rate education system. As a result, the Ministry of Education (MoE) has launched the ‘Education 2020’ strategy for incorporating digital solutions in the country’s education system. Across the globe, the sales of interactive displays will surge sharply in the Asia-Pacific (APAC) region in the forthcoming years.

This is credited to the soaring investments being made in the transportation and education sectors in the regional countries such as India, Australia, and China. For example, as per the Ministry of Transport of China, the country made an investment of 72.7 billion dollar (488.9 billion yuan) in various transportation infrastructure projects during the first quarter of 2019.

Hence, it can be safely said that the demand for interactive displays will boom in the upcoming years, primarily because of their ballooning usage in schools, retail stores, and research institutes and the declining prices of display screens across the world.