Global Display Market To Reach US$24 Billion By 2024
SELLBYVILLE, Del., June 20, 2018 /PRNewswire-iReach/ -- According to a latest research report by Global Market Insights, Inc. " Display Market share is anticipated to be valued USD 20 billion by 2024. The rapid proliferation of devices such as smart ATMs, intelligent interactive kiosks, and NFC-enabled POS systems is expected to propel the display market growth over the next seven years. The deployment of smart ATMs is increasing significantly over the past few years, particularly in developing economies, owing to the access to enhanced banking services these machines provide. With increasing deployment of these devices, the demand for advanced screens is also increasing, thus aiding the industry growth.
Reducing cost of components has resulted in the declining costs of these devices. With the lowering costs, the end users are widely adopting the solutions with technologically-advanced components. The manufacturers of solutions, such as ATMs and POS, are reducing the total cost of ownership of these devices and preferring the use of low-cost components without compromising on the quality. The declining cost of raw materials is expected to accelerate the growth of display market.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2418
Rapid technological advancements, such as multi-touch LCDs and surface acoustic wave technology, are increasing the rate of obsolescence of products. The products with older technologies fade out quickly and manufacturers find it difficult to provide services for such products. This bodes well for the display market growth; however, decreases the profitability of the OEMs as these companies need to implement the technologically-advanced devices in the systems.
The display market in kiosk applications is expected to grow significantly owing to the rapid adoption of kiosks in applications such as ticketing, self-checkout, and ordering food. Large retailers in countries such as the U.S., the UK, Australia, and Germany are increasingly adopting the self-checkout kiosks to enhance efficiency, save customer time, and improve operational profits. The trend of self-checkout kiosks is penetrating in other retail segments such as departmental stores, small convenience stores, and specialty retailers. Ease-of-use and swiftness of operations are the key factors driving the demand for self-checkout kiosks. This is projected to propel the industry growth in kiosk applications over the forecast timespan.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2418
Asia Pacific display market is expected to grow significantly owing to the increasing number of display manufacturers in the region. Increasing manufacturers in the region have increased the cost-competitiveness among the players, which has resulted in the manufacture of low-cost components. Furthermore, the region is characterized by the increasing deployment of ATMs, POS terminals, and kiosks, thus increasing the demand for displays.
Some of the key vendors in the display market include Fujitsu Limited, Pax Technology, Inc., NCR Corporation, TCL Displays, Epson America, Inc., Posiflex Technology, Inc., Diebold Nixdorf, Inc., Fametech, Inc., Displax SA, Topfoison Electronic Technology Co., Ltd., and Ingenico Group. The industry is exceedingly competitive with the presence of a large number of global and regional players. The manufacturers differentiate their products based on cost, quality, and technology. For instance, 3M has developed multi-touch projected capacitive (PCAP) displays with multi-touch and ultra-fast response.
Buy this industry insights spread across 550 pages with 924 market data tables & 30 figures & charts from the report, "Display Market Size By Application (ATM [By Display Size {7", 8", 10", Above 10"}, By Resolution {700x340 pixels, 800x600 pixels}], POS Terminals [By Display Size {10", 12", 15", 17", 19", 20"}, By Resolution {1024x768 pixels, 1366x768 pixels, 1280x800 pixels}], Kiosks [By Display Size {15" – 17", 17" – 32", 32" – 65", Above 65"}, By Resolution {1024x768 pixels, 1280x1024 pixels, 1920x1080 pixels}]), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, Japan, South Korea, India, Taiwan, Malaysia, Hong Kong, Brazil, Mexico, Saudi Arabia, UAE, And South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024" in detail along with the table of contents:
https://www.gminsights.com/securecheckout/paymenta/2418
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.1.4.1. Definitions
1.1.4.2. Assumptions, methodology & forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Display industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Application trends
2.1.4. Display size trends
2.1.5. Resolution trends
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/display-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Media Contact: Arun Hegde, Global Market Insights, Inc., +13028467766, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE Global Market Insights, Inc.
iReach LastName, iReachCompany, 111-222-3333, [email protected]
Share this article