“Commercial Display market to grow at a lucrative rate over the forecast period”
23 October 2019
Visiongain has launched a new Consumer Electronics Report Commercial Display Market Report 2019-2029 Forecasts by Product Type (Digital Signage, Display Monitor, Display TV's) , Technology (LCD, Mini LED, Micro LED, Others), Display Size (Below 32 inches, 32 to 52 inches, 52 to 75 inches, Above 75 inches) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis.
Commercial displays are large TV displays primarily used for marketing and advertising purpose. These displays are installed at in public access or high traffic areas and unlike TV’s doesn't need an inbuilt loudspeaker. Increasing advancements in display technology, network infrastructure, components, and software for creating, managing, distributing and displaying digital images and video content is one of the major driving the adoption of commercial displays. Display manufacturers are making constant improvements in all aspects of displays, including size, quality, form factor, reliability, and costs to increase their market share in the global market.
Some of the major sectors segments using commercial displays are retail, hospitality (bars, restaurants, movie theaters, hotels, etc.), services (healthcare facilities, retail banks and brokerages, etc.), trade shows, transportation centers (airports, train stations, etc.), other public spaces (high-rise elevators, buses, and taxis, etc.), communications (conference rooms, lobbies, training, etc.), and security/command and control centers.
By Region, North America is expected to account for the largest market share in the global commercial display market, following by Europe. In North America, the US is leading the market whereas in Europe the UK is identified as one of the major contributions of the revenue growth in the global commerce display market. Asia Pacific region is projected to expand with the highest CAGR over the forecast period.
Some of the major players operating in the global Commercial Display market are CDW, Cisco Systems, Inc., Dell, Philips, NEC Display Solutions, Panasonic Corporation, Samsung, Sharp Electronics, and Sony Corporation. Key players are focusing on new product launches, promotions, and strategic alliances in order to expand their portfolio and strengthen their position in the market. The Commercial Display market is a highly competitive market with only a few dominant players.
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