Commercial Display Market Trending Technologies with 5.8% of CAGR by 2030

The global commercial display market size is forecasted to reach from US$ 43.4 billion in 2021 to US$ 72.2 billion by 2030 and is anticipated to grow at compounded annual growth rate (CAGR) of 5.8% from 2021 to 2030, as per reports by market research and consulting organization Precedence Research.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The commercial display market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). The report offers exclusive insights to help companies make informed decision to sustain growth through the assessment period.

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The global commercial display market is primarily driven by the rising demand for the digital displays among the various end use sectors such as banking, corporates, retail, and entertainment for the promotion and advertisement of their products and services. The technological advancements in the display technology and increasing demand for the energy efficient displays is driving the growth of the commercial display market across the globe.

Rapid industrialization and rapid urbanization, rising government expenditure on the development of infrastructure, and changing lifestyle of the consumers is fostering the growth of the commercial display market.Moreover, rising integration of technologies such as AI and machine learning in the commercial displays is fueling the market growth across the globe. The introduction of 4K and 8K displays is ramping up the production of ultra-HD advertising content, which is significantly contributing towards the market growth.

Report Scope of the Commercial Display Market

Market Dynamics

Driver

Extensive use of commercial displays in hospitality and retail sector

The commercial displays are extensively used in the retail and hospitality sector owing to the high number of footfall in such units. Moreover, the ability of the commercial displays to effectively display the ads and promotions in the high lighting ambience is boosting the adoption of the commercial displays across the globe. The cost-effectiveness and energy efficiency in the latest commercial displays owing to the technological advancements is expected to drive the market growth during the forecast period.

Restraints

The rising consciousness about health and various infections like COVID-19 may decrease the number of footfall in the commercial units and other public places. The recent outbreak of the COVID-19 pandemic resulted in travelling restrictions and worldwide lockdown that drastically and negatively impacted the market growth. Such events can hinder the market growth in the future.

Opportunities

The rising popularity of the latest technologies such as QLED, OLED, mini-LED, and micro-LED are expected to be the major drivers of the market. The latest cost-effective display solution are expected to penetrate faster in various commercial units like restaurants, bars, and cafes and hence would drive the market growth in the upcoming future.

Challenges

The rising penetration of social media and increasing popularity of the digital and social media marketing may reduce the importance of the traditional commercial displays. The rising number of internet users is shifting the focus of the different industries to invest heavily on the social media marketing. This is expected to be a major challenge for the players operating in the commercial display market.

Competitive Landscape Analysis:

Some of the leading companies operating in the commercial display market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Major companies operating in this report are

• 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

Report Highlights

• Based on the product, the digital signage is the dominating and the fastest-growing segment throughout the forecast period.The rapid growth of the organized retail sector across the globe has boosted the adoption of the digital signage. The shopping malls are the most popular commercial unit that increasingly adopts the digital signage. This is mainly due to the higher foot-fall in the shopping malls. Furthermore, the increased popularity of the hypermarkets and supermarkets in the developed regions has increased the demand for the digital signage.
• Based on the display type, the flat panel dominated the market in 2020. The low cost of production and easy availability of the flat panel is a major reason behind the increased adoption of the flat panels across the global markets. It is the most widely adopted display type among the end use industries.
• Based on the component, the software is estimated to be the fastest-growing segment during the forecast period, due to the rapid advancements and upgradations in the development of the software. Software is the main organizer and the manager of the contents displayed on the screens and the technological advancements in the software can increase the efficiency of the software.
• Based on the technology, the LCD dominated the market in 2020. It is one of the widely accepted technologies across the globe. LCDs had been extensively adopted by the various industries owing to its lower production cost, easy availability, and easy maintenance of various advertisement contents, which fosters the growth of the LCD all over the globe.
• Based on the application, the hospitality is estimated to be the most opportunistic segment during the forecast period. This is attributed to the increased penetration of various fast-food chains such as KFC, Pizza Hut, Subway, Domino’s, and Yum Brands that extensively uses the commercial displays to showcase their on-going offers, promotions, advertisements, and menus. This has resulted in the significant growth of this segment.

Regional Snapshot

North America dominated the global commercial display market, garnering a significant market share of around 31% in 2020. The higher adoption rate of advanced ad digital technologies among the various industries for the promotion and advertisement of their products and services has significant contributions in the market growth. Furthermore, the increased penetration of retail units and hospitality units such as shopping malls, restaurants, cafes, and bars has huge requirement of the commercial displays that fostered the growth of the commercial display market in the North America region.

Asia Pacific is expected to be the fastest-growing market in the forthcoming years. The region is home to around 60% of the global population and rapid urbanization of this region is poised to drive the penetration of numerous commercial complexes in the region. Therefore, the demand for the commercial displays is rapidly rising in the Asia Pacific.

Segments Covered in the Report

By Product

• Digital Signage
• Display TVs
• Display Monitor

By Display Type

• Curved Panel
• Flat Panel
• Others

By Component

• Software
• Hardware
• Services

By Technology

• LCD
• LED
• Others

By Application

• Hospitality
• Entertainment
• Retail
• Corporate
• Stadiums & Playgrounds
• Healthcare
• Education
• Banking
• Transportation

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Why should you invest in this report?

If you are aiming to enter the global commercial display market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for commercial display are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Commercial Display Market 

5.1. COVID-19 Landscape: Commercial Display Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Commercial Display Market, By Product Type

8.1. Commercial Display Market, by Product Type, 2021-2030

8.1.1. Digital Signage

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Display TVs

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Display Monitor

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Commercial Display Market, By Display Type

9.1. Commercial Display Market, by Display Type, 2021-2030

9.1.1. Curved Panel

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Flat Panel

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Others

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Commercial Display Market, By Technology Type 

10.1. Commercial Display Market, by Technology Type, 2021-2030

10.1.1. LCD

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. LED

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Commercial Display Market, By Application Type

11.1. Commercial Display Market, by Application Type, 2021-2030

11.1.1. Hospitality

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Entertainment

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Retail

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Corporate

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Stadiums & Playgrounds

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Healthcare

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. Education

11.1.7.1. Market Revenue and Forecast (2017-2030)

11.1.8. Banking

11.1.8.1. Market Revenue and Forecast (2017-2030)

11.1.9. Transportation

11.1.9.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Commercial Display Market, By Component Type

12.1. Commercial Display Market, by Component, 2021-2030

12.1.1. Software

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Hardware

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Services

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Commercial Display  Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.2. Market Revenue and Forecast, by Display (2017-2030)

13.1.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.5. Market Revenue and Forecast, by Component (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Display (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.7. Market Revenue and Forecast, by Component (2017-2030)

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Display (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Component (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.2. Market Revenue and Forecast, by Display (2017-2030)

13.2.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.4. Market Revenue and Forecast, by Application (2017-2030)

13.2.5. Market Revenue and Forecast, by Component (2017-2030)

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Display (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.7. Market Revenue and Forecast, by Application (2017-2030)

13.2.8. Market Revenue and Forecast, by Component (2017-2030)

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Display (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.10. Market Revenue and Forecast, by Application (2017-2030)

13.2.11. Market Revenue and Forecast, by Component (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Display (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Application (2017-2030)

13.2.13. Market Revenue and Forecast, by Component (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Product (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Display (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Application (2017-2030)

13.2.15. Market Revenue and Forecast, by Component (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.2. Market Revenue and Forecast, by Display (2017-2030)

13.3.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.5. Market Revenue and Forecast, by Component (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Display (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.7. Market Revenue and Forecast, by Component (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Display (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.9. Market Revenue and Forecast, by Component (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Display (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Component (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Display (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Component (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.2. Market Revenue and Forecast, by Display (2017-2030)

13.4.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.5. Market Revenue and Forecast, by Component (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Display (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.7. Market Revenue and Forecast, by Component (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Display (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.9. Market Revenue and Forecast, by Component (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Display (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Component (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Product (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Display (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Component (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.2. Market Revenue and Forecast, by Display (2017-2030)

13.5.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.5. Market Revenue and Forecast, by Component (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Display (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.7. Market Revenue and Forecast, by Component (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Product (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Display (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Component (2017-2030)

Chapter 14. Company Profiles

14.1. Cdw Corporation

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Cisco Systems, Inc.

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Dell Technologies Inc.

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. Koninklijke Philips N.V.

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. LG Display Co., Ltd.

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. NEC Display Solutions.

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Panasonic Corporation

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Samsung Electronics Co., Ltd.

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. Sharp Corporation

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. Sony Corporation

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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