Smart Display Market Report by Type (Signage, Mirror, Home Display), Display Size (Below 32 Inch, Between 32 and 52 Inch, Above 52 Inch), Resolution (UHD, FHD, HD), End User (Residential, Retail, Automotive, Healthcare, Sports and Entertainment), and Region 2023-2028

Smart Display Market Report by Type (Signage, Mirror, Home Display), Display Size (Below 32 Inch, Between 32 and 52 Inch, Above 52 Inch), Resolution (UHD, FHD, HD), End User (Residential, Retail, Automotive, Healthcare, Sports and Entertainment), and Region 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4734
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Market Overview:

The global smart display market size reached US$ 5.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 19.8% during 2023-2028.

A smart display is a wireless voice-activated device that utilizes integrated virtual assistant software to present information and perform tasks through a screen. It is widely used for playing media, displaying information, such as weather, upcoming appointments and notifications, and connecting with the home security systems for real-time updates. Smart displays are available in a wide variety of sizes and advanced variants that are integrated with built-in cameras and speakers to provide video calling features. They provide enhanced safety, convenience, productivity, hands-free access and entertainment to the consumers. As a result, they are widely used across various industries, such as medical, automotive, retail, residential, sports and entertainment.

Global Smart Display Market Report

Smart Display Market Trends:

The widespread product adoption in the automotive industry is creating a positive outlook for the market. Smart displays are widely used in connected vehicles to offer driver assistance functions and provide enhanced safety, convenience and comfort to the passengers. Additionally, the increasing demand for smart home security devices, such as video doorbells and security cameras, is providing a thrust to the market growth. In line with this, various technological advancements, such as the integration of the internet of things (IoT) and artificial intelligence (AI) solutions with the connected devices, are favoring the market growth. These technologies assist in real-time monitoring and remote access to security and temperature systems. Moreover, the rising product demand in the healthcare industry is positively impacting the market growth. Smart displays are widely used in hospitals and clinics to display patient information, such as the heart rate, oxygen levels and body temperature. Other factors, including the increasing penetration of high-speed internet across the globe, along with significant growth in the electronics industry, are anticipated to drive the market toward growth.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart display market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, display size, resolution and end user.

Breakup by Type:

  • Signage
  • Mirror
  • Home Display

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Breakup by Display Size:

  • Below 32 Inch
  • Between 32 and 52 Inch
  • Above 52 Inch
     

Breakup by Resolution:

  • UHD
  • FHD
  • HD
     

Breakup by End User:

  • Residential
  • Retail
  • Automotive
  • Healthcare
  • Sports and Entertainment
     

Breakup by Region:

 

 
 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BOE Technology Group Co. Ltd., Google LLC (Alphabet Inc.), Hitachi Ltd., Intel Corporation, Lenovo Group Limited, LG Electronics Inc., Qualcomm Incorporated, Samsung Electronics Co.Ltd., Sharp Corporation, Sony Group Corporation, ViewSonic Corporation and Winstar Display Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
 Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Display Size, Resolution, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BOE Technology Group Co. Ltd., Google LLC (Alphabet Inc.), Hitachi Ltd., Intel Corporation, Lenovo Group Limited, LG Electronics Inc., Qualcomm Incorporated, Samsung Electronics Co.Ltd., Sharp Corporation, Sony Group Corporation, ViewSonic Corporation and Winstar Display Co. Ltd
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global smart display market was valued at US$ 5.8 Billion in 2022.

We expect the global smart display market to exhibit a CAGR of 19.8% during 2023-2028.

The expanding electronics industry, along with the growing integration of smart displays in home security devices, including video doorbells and security cameras, is primarily driving the global smart display market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for smart displays.

Based on the type, the global smart display market has been segmented into signage, mirror, and home display, where signage currently holds the majority of the total market share.

Based on the display size, the global smart display market can be divided into below 32 inch, between 32 and 52 inch, and above 52 inch. Currently, below 32 inch exhibits a clear dominance in the market.

Based on the resolution, the global smart display market has been segregated into UHD, FHD, and HD. Among these, HD currently accounts for the largest market share.

Based on the end user, the global smart display market can be bifurcated into residential, retail, automotive, healthcare, and sports and entertainment. Currently, retail exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global smart display market include BOE Technology Group Co. Ltd., Google LLC (Alphabet Inc.), Hitachi Ltd., Intel Corporation, Lenovo Group Limited, LG Electronics Inc., Qualcomm Incorporated, Samsung Electronics Co.Ltd., Sharp Corporation, Sony Group Corporation, ViewSonic Corporation, and Winstar Display Co. Ltd.

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Smart Display Market Report by Type (Signage, Mirror, Home Display), Display Size (Below 32 Inch, Between 32 and 52 Inch, Above 52 Inch), Resolution (UHD, FHD, HD), End User (Residential, Retail, Automotive, Healthcare, Sports and Entertainment), and Region 2023-2028
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