Know About Covid-19 Impact on Interactive Display Market | Insights on Size, Share, Demand, Trends & Key Players


Posted November 10, 2020 by devanshuraizada

APAC region held the largest share of the interactive display market in 2018 and is further predicted to exhibit the highest CAGR during the forecast period.
 
Geographically, the APAC region held the largest share of the interactive display market in 2018 and is further predicted to exhibit the highest CAGR during the forecast period. The demand for interactive displays in the region is growing due to the rising investments in the transportation and education sectors in a number of countries, such as Australia, India, and China.

One of the major trends that are being observed in the interactive display market is the rising utilization of flexible LED displays. A number of technological advancements are offered by these displays over the conventional LCD displays. Flexible LED interactive displays provide enhanced picture quality and high-resolution. These devices are further available at lower thickness than conventional variants, thereby increasing the aesthetic appeal for the viewer.

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The increasing adoption of these displays is predicted to result in the growth of the market. A major driving factor of the interactive display market is the reduction in prices of products including interactive monitors, kiosks, and whiteboards. The rising investments in the transportation sector in China is predicted to result in the growing demand for interactive displays in the years to come.

This decline in price range is being caused due to the reduction in prices of LED displays and touchscreen panels. The price of LED displays is expected to reduce by 20% in the near future. Moreover, the rising demand for displays with better-quality display is expected to lead to the growth of the market in the coming years.

Hence, the rising demand for flexible LED displays and reducing prices of interactive displays are driving the market.
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Issued By Devanshu
Country United States
Categories Business
Last Updated November 10, 2020