Nowadays, flexible light-emitting diode (LED) interactive displays are being preferred over interactive LCDs as they offer high-resolution and a better picture quality than the latter. Flexible LED displays capture picture motions in multiple configurations and several areas, from a wide range of gadgets, such as personal computers (PCs), link boxes, and cameras.
Unlike LCDs, flexible LED displays are thin, owing to which they provide better aesthetic appeal to the viewer, thereby offering better marketing benefits to end users. In the coming years, the increasing focus of education, retail, sports, entertainment, industrial, transportation, hospitality and healthcare, corporate and government, military and defense, and banking, financial services, and insurance (BFSI) firms on resource saving will also aid the interactive display market in progressing at a CAGR of 10.4% during 2019–2024.
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According to P&S Intelligence, the market was valued at $9.2 billion in 2018, and it is expected to generate $16.4 billion in 2024. The usage of interactive displays in retail environments, hotels, conference centers, schools, museums, and sports events helps in improving the turnaround time and offering ease of access. In recent years, the education sector has emerged as the most-prominent user of interactive displays due to the soaring number of government initiatives supporting smart learning programs in academic institutions.
For example, the ‘Education 2020’ strategy of the Ministry of Education of the U.A.E. aims to incorporate digital experiences in the educational system of the country. Taking inspiration from such strategies, local governments are consistently focusing on the creation of an academic environment that combines visual aids and interactive teaching methods and products to enhance the learning experience for students, as well as teachers.
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