Retail Touch Screen Display Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
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LANDON, GREATER LANDON, UNITED KINGDOM, September 9, 2024 /EINPresswire.com/ -- The retail touch screen display market has experienced robust growth in recent years, expanding from $13.77 billion in 2023 to $15.36 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to increasing adoption of digital signage in retail environments, growth in the retail industry, rising consumer demand for self service options, increasing shopping experiences through technology, rising demand for interactive product catalogs.
What Is The Estimated Market Size Of The Global Retail Touch Screen Display Market And Its Annual Growth Rate?
The retail touch screen display market is projected to continue its strong growth, reaching $23.91 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing adoption of interactive and immersive shopping experiences, rising demand for self service kiosks, expansion of retail outlets, increasing investment in smart retail solutions and IoT integration, demand for mobile-friendly touch screen solutions.
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Growth Driver Of The Retail Touch Screen Display MarketThe expansion of retail chains is expected to propel the growth of the interactive video wall market going forward. The increasing urbanization and rising disposable incomes have shifted consumer behaviour, with more people seeking the convenience and variety offered by retail chains. Retail touchscreen displays facilitate customer engagement, streamline operations, and improve brand perception, thereby supporting the expansion and scalability of retail chains.
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Who Are The Leading Competitors In The Retail Touch Screen Display Market Share?Key players in the retail touch screen display market include Samsung Electronics Co. Ltd., LG Corporation, 3M Company, Fujitsu Limited, NEC Corporation, Sharp Corporation, Corning Incorporated.
What Are The Dominant Trends In Retail Touch Screen Display Market Growth?Major companies operating in the retail touch screen display market are developing innovative products such as artificial intelligence (AI)-enabled interactive flat panels to better serve customers with advanced features. AI-enabled interactive flat panels are display screens with artificial intelligence capabilities, allowing users to interact seamlessly with digital content through touch, gesture, or voice commands.
How Is The Global Retail Touch Screen Display Market Segmented?1) By Type: Resistive Touch Screen, Capacitive Touch Screen, Infrared Touch Screen, Other Types2) By Technology: Liquid-Crystal Display (LCD), Light-Emitting Diode (LED), Organic Light-Emitting Diode (OLED), Other Technologies3) By Application: Interactive Point of Purchase (IPOP), Retail Brand Experience (Table), Point Of Sale (POS) Equipment, Automated Teller Machine (ATM), Other Applications
Geographical Insights: North America Leading The Retail Touch Screen Display MarketNorth America was the largest region in the retail touch screen display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail touch screen display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Retail Touch Screen Display Market DefinitionRetail touch screen display refers to a digital screen used in retail environments that incorporates touch-sensitive technology. These displays allow customers to interact directly with the content displayed on the screen by touching it, rather than using a traditional keyboard or mouse. These screens improve customer experience by offering an intuitive platform for activities such as browsing, price checking, and direct buying.
Retail Touch Screen Display Global Market Report 2024 from TBRC covers the following information:• Market size data for the forecast period: Historical and Future•Macroeconomic factors affecting the market in the short and long run•Analysis of the macro and micro economic factors that have affected the market in the past five years• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global retail touch screen display market report covering trends, opportunities, strategies, and moreThe Retail Touch Screen Display Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on retail touch screen display market size, retail touch screen display market drivers and trends, retail touch screen display market major players, retail touch screen display competitors' revenues, retail touch screen display market positioning, and retail touch screen display market growth across geographies. The retail touch screen display market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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September 09, 2024, 13:00 GMT
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