The retail touch screen display global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Retail Touch Screen Display Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The retail touch screen display market size has grown rapidly in recent years. It will grow 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.
The retail touch screen display market size is expected to see rapid growth in the next few years. It will grow to $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. Major trends in the forecast period include advancements in retail technology, adoption of advanced multi touch technologies, advancement in haptic feedback systems, development of ultra thin and flexible display solutions, adoption of gesture recognition technology, integration of block chain technology.
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Scope Of Retail Touch Screen Display Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Retail Touch Screen Display Market Overview
Market Drivers –
The 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 behavior, 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. For instance, in January 2024, according to the National Association of Convenience Stores, a US-based international association for convenience and fuel retailing agencies, an estimated increase in the number of convenience stores saw 152,396 in 2024, up from 150,174 in 2023, reflecting a 1.5% rise in store count. Therefore, the expansion of retail chains is driving the growth of the retail touchscreen display market.
Market Trends –
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. For instance, in May 2023, MAXHUB, a Netherlands-based provider of communication and audio-visual technologies, launched an AI-enabled V6 Series of interactive flat panels. The V6 series consists of transcendent and classic interactive flat panels in sizes ranging from 55 to 86 inches. These panels boast cutting-edge audio-visual capabilities powered by artificial intelligence to improve communication in both corporate and educational settings. The V6 series, which includes seamless screen sharing, powerful whiteboard features, and exceptional audio-visual performance, is designed to meet various collaboration and learning demands.
The retail touch screen display market covered in this report is segmented –
1) By Type: Resistive Touch Screen, Capacitive Touch Screen, Infrared Touch Screen, Other Types
2) By Technology: Liquid-Crystal Display (LCD), Light-Emitting Diode (LED), Organic Light-Emitting Diode (OLED), Other Technologies
3) By Application: Interactive Point of Purchase (IPOP), Retail Brand Experience (Table), Point Of Sale (POS) Equipment, Automated Teller Machine (ATM), Other Applications
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Regional Insights –
North 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.
Key Companies –
Major companies operating in the retail touch screen display market are Samsung Electronics Co. Ltd., LG Corporation, 3M Company, Fujitsu Limited, NEC Corporation, Sharp Corporation, Corning Incorporated, AUO Corporation, Innolux Corporation, Hisense Group, Advantech Co. Ltd., Synaptics Incorporated, Planar Systems Inc., Posiflex Technology Inc., Elo Touch Solutions Inc., ViewSonic Corporation, Flytech Technology Co. Ltd., AOPEN Inc., Avalue Technology Inc., Amongo Display Technology (Shenzhen) Co. Ltd., Displax SA, Zytronic PLC, IBASE Technology Inc., UICO LLC, Waveshare Electronics Ltd.
Table of Contents
1. Executive Summary
2. Retail Touch Screen Display Market Report Structure
3. Retail Touch Screen Display Market Trends And Strategies
4. Retail Touch Screen Display Market – Macro Economic Scenario
5. Retail Touch Screen Display Market Size And Growth
…..
32. Global Retail Touch Screen Display Market Competitive Benchmarking
33. Global Retail Touch Screen Display Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Retail Touch Screen Display Market
35. Retail Touch Screen Display Market Future Outlook and Potential Analysis
36. Appendix
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