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The global smart display market reached a value of US$ 4.79 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 16.16 Billion by 2027, exhibiting at a CAGR of 22.56% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global smart display market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, display size, resolution and end user.
Breakup by Type:
Breakup by Display Size:
Breakup by Resolution:
Breakup by End User:
Breakup by Region:
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.
|Base Year of the Analysis||2021|
|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)|
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