Smart Display Market, By Type (Smart Display mirror, Smart Home display and Smart Signage), By Application (Household application, Industrial application and Commercial), By End-user (Automotive, Retail, Residential, Healthcare and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

The global Smart Display market accounted for US$ 6.0 billion in 2020 and is estimated to be US$ 25.15 billion by 2030 and is anticipated to register a CAGR of 15.4%.

A smart display is a digital display that can be operated using voice remote devices or Internet of Things (IoT) connected devices. The smart mirror, for example, is an innovative device capable of recording the user's personal information and shopper's experience in the automobile and retail sectors. Furthermore, as a cutting-edge technology solution, smart is including interactive and complex control functions. LED, LCD, and other projection technologies are used in smart display applications to project pre-selected content onto the display. Because of the high need for next-generation advertising and monitoring technology, smart displays are widely employed in retail, sport and entertainment, and healthcare. Because of the high need for next-generation advertising and monitoring technology, smart displays are widely employed in retail, sport and entertainment, and healthcare. Furthermore, smart display applications such as signage and mirrors are aimed to improve customer shopping experiences, greet guests, and display advertisements in retail outlets, which drives machine vision technology adoption in the hospital and healthcare sector.

Rise in demand for artificial intelligence

Due to a rise in demand for artificial intelligence and Internet of Things-based smart applications in the residential sector as a result of rising disposable income in developing nations, the smart display market is likely to grow during the forecast period. Furthermore, the demand for smart mirror systems in the automobile industry is projected to fuel the market for smart displays. In addition, the increased demand for digital advertising in the healthcare, retail, and commercial sectors is expected to boost demand for smart displays. Because of these characteristics, the smart display industry is expected to grow rapidly in the future. During the forecast period, the expansion of the automotive smart display market is likely to be aided by an increase in the number of smart retail establishments worldwide and a surge in demand for upgraded smart display solutions. The high danger of data breach and gadget malfunction, on the other hand, poses a significant obstacle to this sector. Furthermore, the rise in smart home application usage in the residential sector presents an opportunity for market expansion.

The global Smart Display market is segmented based on type, application, end-user and region.

On the basis of Type, the global Smart Display market is segmented into Smart Display mirror, Smart Home display and Smart Signage. Based on Application, the target market is segmented into Household application, Industrial application and Commercial. On the basis of End-user, the target market is segmented into Automotive, Retail, Residential, Healthcare and Others.

Regional Insights:

On region the global Smart Display market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. APAC is expected to develop at highest rate during the forecast period. This is mostly due to the region's technological advancements, as well as the growing need for signs displays in the consumer electronics and automotive industries, which is propelling the market in this region.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Smart Display market report based on  type, application, end-user and region.

Global Smart Display Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

The key players operating in the global Smart Display market includes Samsung, LG Electronics, Alphabet (Google LLC), Panasonic Corporation, Japan Display Inc., Sony, Alpine Electronics, Sharp Corporation, Leyard Optoelectronic, Manga International Inc. and Others.

• Samsung*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• LG Electronics
• Alphabet (Google LLC)
• Panasonic Corporation
• Japan Display Inc.
• Sony
• Alpine Electronic
• Sharp Corporation
• Leyard Optoelectronic
• Manga International Inc.
• Others.

 “*” marked represents similar segmentation in other categories in the respective section