COMMERCIAL DISPLAY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global commercial display market is estimated to be valued at US$ 59.72 Bn in 2024 and is expected to reach US$ 90.61 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

Report Description:

Global commercial display market has been witnessing steady growth over the past few years due to rising investments in commercial infrastructure such as offices, retail, healthcare, education and transportation hubs. Commercial displays include a wide range of screens that deliver audio-visual content in internal business environments including LCD, LED, OLED and other specialized signage displays. Advancements in display technologies along with falling prices have boosted its adoption rates across various commercial segments. With rising digitization and proliferation of multimedia content, commercial spaces are increasingly leveraging large format displays for improved communication, branding and customer engagement. Furthermore, transition towards smart buildings has boosted demand for integrated commercial displays with interactive capabilities.

Market Dynamics:

Major drivers propelling the global commercial display market include rapid urbanization, growing retail landscape, and commercial construction activities around the world. The rise in investment by businesses, stores, and transport hubs on digital signage networks to improve customer experience is a major factor driving growth. Furthermore, rising penetration of IoT technologies and smart city initiatives have created opportunities for interactive commercial displays with connectivity options. However, intense competition among vendors restricts pricing flexibility, and this acts as a major challenge for the market growth. Also, high initial investment requirements for large format displays could hamper the market growth. The emergence of micro-LED and foldable display technologies are expected to revolutionize the commercial display sector in the coming years.

Key features of the study:

- This report provides in-depth analysis of the global commercial display market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global commercial display market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include 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, Sony Corporation, Allsee Technologies Ltd., AUO Corporation, Baanto International Ltd., BOE Technology Group Co. Ltd., Christie Digital Systems Canada Inc., Corning Incorporated, E Ink Holdings Inc., Elo Touch Solutions, Inc., Euno Displays Technologies SL, Guangdong Baolun Electronic Co., Ltd, HannStar Display Corporation, Japan Display Inc., Kent Displays, Inc., Koninklijke Philips N.V., Panasonic Corporation, Planar Systems, Inc., Shenzhen Tiancheng International Technology Co., Ltd., TCL China Star Optoelectronics Technology Co.,Ltd., Tech Global Inc., ViewSonic Corporation- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- Global commercial display market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global commercial display market

Detailed Segmentation

• By Technology
• • LCD
  • LED
  • Others
• By Component
• • Hardware
  • Software
  • Services
• By Display Type
• • Flat Panel
  • Curved Panel
  • Other Panel
•  By Display Size
• • Below 32 inches
  • 32 to 52 inches
  • 52 to 75 inches
  • Above 75 inches
•  By Application
• • Retail
  • Hospitality
  • Entertainment
  • Stadiums & Playgrounds
  • Corporate
  • Banking
  • Healthcare
  • Education
  • Transportation
• By Regional
• • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
• Key Players Insights
  • 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
  • Sony Corporation
  • Allsee Technologies Ltd.
  • AUO Corporation
  • Baanto International Ltd.
  • BOE Technology Group Co. Ltd.
  • Christie Digital Systems Canada Inc.
  • Corning Incorporated
  • E Ink Holdings Inc.
  • Elo Touch Solutions, Inc.
  • Euno Displays Technologies SL
  • Guangdong Baolun Electronic Co., Ltd
  • HannStar Display Corporation
  • Japan Display Inc.
  • Kent Displays, Inc.
  • Koninklijke Philips N.V.
  • Panasonic Corporation
  • Planar Systems, Inc.
  • Shenzhen Tiancheng International Technology Co., Ltd.
  • TCL China Star Optoelectronics Technology Co.,Ltd.
  • Tech Global Inc.
  • ViewSonic Corporation