Report Description
The global commercial touch display market is projected to expand at a CAGR of 12% during the forecasted period, from 2021 to 2028. Touch displays refer to innovative and interactive form of digital signage, which is used with just the touch of a finger.
Touch displays offer high levels of accuracy and quick response time, and can be integrated with edge-to-edge glass on displays, which have extensive use in public areas. Increase in the adoption of touchscreen displays with improved customer experience, and high adoption of energy-efficient, technologically advanced, attractive, and high-end-specification display products. These are some of the factors fueling the market.
Commercial Touch Display Market COVID-19 Analysis
COVID-19 outbreak emerged as a global pandemic, which adversely impacted various industries and economies globally. The pandemic resulted in the disruption of supply chain and suspended all the business activities in all industries and caused revenue loss for all market players. Supply chain disruption caused shortage of raw material and labor forces due to application of lockdown with stringent measures. COVID-19 impacted the commercial touch display market, which is expected to revive in near future.
Market Dynamics (Trends, Drivers, Restraints, and Opportunities)
- Increase in adoption of energy-efficient, technologically advanced, attractive, and high-end specification display products is a prominent factor driving the market
- Technological advancements have improved the features of the displays leading to higher resolutions, better contrast ratios, light weight, and higher power efficiency commercial touch displays, while reducing the prices. These, in turn, are expected to fuel the market during the forecasted period.
- High costs incurred for customization of touch display and associated devices is a major restrain of the market
- Growing use of artificial intelligence (AI) in commercial touch displays and other devices is expected to create lucrative opportunities in the market during the forecasted period.
- Rising investments in the market and favorable regulations are anticipated to create opportunities in the market.
Scope of Commercial Touch Display Market Report
The report on global commercial touch display market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report that throws light on the different market segments for a comprehensive understanding.
Attributes
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Details
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Report Title
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Global Commercial Touch Display Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2016 to 2019
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Forecast Period
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2021-2028
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Segmentation
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Products (Monitors, Signage Displays, POS Terminals, Open Frame Touchscreen Displays, and Medical Displays), Touch Technology (Resistive, Capacitive, Surface Acoustic Wave, and Infrared), Resolutions (HD, FHD, 4K), Applications (Indoor and Outdoor), Sizes (7-27, 28-65, more than 65), Aspect Ratios (Wide and Square), Industries (Retail, Hospitality, & BFSI; Corporate; Transportation; Sports & Entertainment,; Healthcare; and Education)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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Samsung Electronics, NEC Corporation, Qisda Corp., AU Optronics , Leyard Optoelectronics (Planar), LG Electronics, Innolux Corporation, BOE Technology, Sharp (Foxconn), and Panasonic.
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Commercial Touch Display Market Segment Overview
Based on products, the global commercial touch display market is segmented into monitors, signage displays, open frame touchscreen displays, and PoS terminals. The open frame touchscreen displays segment holds a dominant share of the market owing to the increase in adoption touchscreen displays in major sectors such as retail, hospitality, and healthcare.
On the basis of touch technology, the global commercial touch display market is segregated into resistive, capacitive, surface acoustic wave, and infrared.
In terms of applications, the market is bifurcated into indoor and outdoor. The indoor segment is expected to account for a large share of the market during the forecasted period due to the increase in the demand for commercial displays in sport stadiums, airports, retail stores, and restaurants.
Based on resolutions, the commercial touch display market is fragmented into HD, FHD, and 4K. The 4K segment is projected to grow at a significant CAGR during the forecast period due to the increase in features offered by 4K displays such as high frame rates and high image definition, which is anticipated to increase the demand for 4K resolution displays. The FHD segment is expected to create lucrative opportunities in the near future.
On the basis of aspect ratios, the market is divided into wide and square. The wide displays segment accounted for a key share of the market and it holds a dominant share of the market owing to the high demand for displays having high resolution for better viewing experiences.
In terms of sizes, the global commercial touch display market is trifurcated into7-27”, 28-65”, and more than 65”. The 26 to 65 inches segment dominated the market and is expected to grow at a considerable pace during the forecast period, as these are preferred in various establishments.
Based on industries, the market is segregated into retail, hospitality, & BFSI; corporate; transportation; sports & entertainment; healthcare; and education., The retail, hospitality, & BFSI segment accounted for large share of the market in 2020 and expected to gain traction in the near future.
On the basis of regions, the global commercial touch display market is split into North America Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is projected to grow at a significant pace during the forecasted period due to the boom in the retail sector and rising investments in infrastructure development in emerging countries.
Recent Developments
- In March 2020, NEC Corporation entered into a joint venture with Sharp Corporation for the development and production of visual solutions, which is expected to enable both the companies to provide the visualization needs for their global customers.
- In March 2020, Elo partnered with Intuiface by combining Intuiface’s content delivery software with Elo’s touchscreen technology, agencies, integrators, and enterprises to create best-in-class interactive digital experiences.
- In January 2020, Samsung Electronics launched the latest retail innovative solution, which is created to help brick and mortar retailers featuring greater in-store experience for customers, by its latest display solutions, mobile devices, and behavior-sensing technologies.
- In November 2019, Leyard and Planar introduced the Planar VS Series, having rental and staging LED video wall displays, built for easy assembly and transport, which adapts to diverse environments and fast serviceability.
Segments
Products
- Monitors
- Signage Displays
- Open Frame Touchscreen Displays
- PoS Terminals
- Medical Displays
Technology
- Resistive
- Capacitive
- Surface Acoustic Wave
- Infrared
Applications
Resolutions
Aspect Ratios
Sizes
Industries
- Retail, Hospitality, & BFSI
- Corporate
- Transportation
- Sports & Entertainment
- Healthcare
- Education
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players
- Samsung Electronics
- Qisda Corp.
- NEC Corporation
- AU Optronics
- Leyard Optoelectronics (Planar)
- LG Electronics
- Innolux Corporation
- BOE Technology
- Sharp (Foxconn)
- Panasonic
Competitive Landscape
The major players in the global commercial touch display market include Samsung Electronics, NEC Corporation, Qisda Corp., AU Optronics , Leyard Optoelectronics (Planar), LG Electronics, Innolux Corporation, BOE Technology, Sharp (Foxconn), and Panasonic.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Commercial Touch Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Commercial Touch Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Commercial Touch Display Market - Supply Chain
4.5. Global Commercial Touch Display Market Forecast
4.5.1. Commercial Touch Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Commercial Touch Display Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Commercial Touch Display Market Absolute $ Opportunity
5. Global Commercial Touch Display Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Commercial Touch Display Market Size and Volume Forecast by Applications
5.3.1. Indoor
Outdoor
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Commercial Touch Display Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Commercial Touch Display Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Commercial Touch Display Demand Share Forecast, 2019-2026
7. North America Commercial Touch Display Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Commercial Touch Display Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Commercial Touch Display Market Size and Volume Forecast by Applications
7.4.1. Indoor
Outdoor
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Commercial Touch Display Demand Share Forecast, 2019-2026
8. Latin America Commercial Touch Display Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Commercial Touch Display Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Commercial Touch Display Market Size and Volume Forecast by Applications
8.4.1. Indoor
Outdoor
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Commercial Touch Display Demand Share Forecast, 2019-2026
9. Europe Commercial Touch Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Commercial Touch Display Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Commercial Touch Display Market Size and Volume Forecast by Applications
9.4.1. Indoor
Outdoor
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Commercial Touch Display Demand Share Forecast, 2019-2026
10. Asia Pacific Commercial Touch Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Commercial Touch Display Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Commercial Touch Display Market Size and Volume Forecast by Applications
10.4.1. Indoor
Outdoor
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Commercial Touch Display Demand Share Forecast, 2019-2026
11. Middle East & Africa Commercial Touch Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Commercial Touch Display Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Commercial Touch Display Market Size and Volume Forecast by Applications
11.4.1. Indoor
Outdoor
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Commercial Touch Display Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Commercial Touch Display Market: Market Share Analysis
12.2. Commercial Touch Display Distributors and Customers
12.3. Commercial Touch Display Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Samsung Electronics
12.4.2.
NEC Corporation
12.4.3.
Qisda Corp.
12.4.4.
AU Optronics
12.4.5.
Leyard Optoelectronics (Planar)
12.4.6.
LG Electronics
12.4.7.
Innolux Corporation
12.4.8.
BOE Te