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. Additionally, the mushrooming usage of interactive displays in retail stores, schools, museums, hotels, conference centers, and sports events is fueling their worldwide demand. These displays improve the ease of access and the turnaround time, thereby making work easier and resulting in huge cost and resource savings.
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Hence, many businesses are increasingly adopting interactive displays for displaying information about their offerings. Besides, the ballooning adoption of the flexible LED technology, on account of its various advantages such as the ability to provide high-resolution and better picture quality, is also driving the demand for interactive displays.
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.
This market research report provides a comprehensive overview of the market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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