Commercial Display market Growth at a CAGR of 8.7% from 2021 to 2030

The global Commercial Display market size was reached at USD 39,444.66 million in 2020 and is projected to surpass US$ 60,907.09 million by 2030, expanding growth at a CAGR of 8.7% from 2021 to 2030.

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Growth Factors

 The global shipments of commercial-grade TVs are anticipated to exceed 25 million units by 2025. The growing adoption of the state-of-the-art display technology by developing nations of the Asia Pacific region is expected to spur the demand for commercial displays.

Commercial displays are specifically designed for business applications that require higher runtimes, uniform aesthetics, high-end specifications, brighter displays, longer product life, and less maintenance. These displays differ from consumer display products in many ways. A consumer TV would provide a brightness of 150 – 250 Nits, whereas a commercial TV provides 300 – 2,000 Nits of brightness, which is suitable for outdoor applications. The demand for such professional-grade displays from various commercial applications is higher

Report Coverage

Report Scope Details
Market Size USD 60,907.09 million by 2030
Growth Rate CAGR of 8.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, technology, component, display type, application, display size
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Cognex Corporation; DENSO WAVE INCORPORATED; Datalogic S.p.A; Honeywell International, Inc.; KEYENCE CORPORATION

By Product Analysis

Based on product, the market for commercial display has been segmented into digital signage, display monitor, and TVs. The digital signage segment accounted for the largest share in terms of revenue in the year 2018 and is expected to dominate the market in the next six years.

Display monitors are extensively used in sectors such as banking and education. The demand for these products with sizes below 32 inches is high. However, the use of higher-sized, curved, widescreen monitors for specialized applications such as graphic designing and media & advertisement is also increasing.

By Technology Analysis

Based on technology, the market for commercial display has been categorized into LCD, LED, and others. LCD has been the widely used technology in display products for a few decades. Currently, many of the business areas, such as corporate offices and banks, are using LCD-based products.

the LED technology segment is expected to account for a prominent market share (in terms of revenue) by 2025. The advancements in LED technology have led to the development of various types of LED displays such as OLED and QLED.

By Component Analysis

Based on component, the market for commercial display has been segmented into hardware, software, and services. The hardware segment held the largest market share in 2018 and is anticipated to continue to dominate the market from 2021 to 2030.

The software segment accounted for a considerable market share owing to the launch of new and advanced software for digital signage. It is anticipated to register a considerable CAGR of over 6% from 2021 to 2025.

By Display Type Analysis

 Based on display type, the market for commercial display has been segmented into flat panel, curved panel, and other panels. The users from various commercial end-use sectors have been using flat panels for decades owing to their benefits such as low costs and easy availability.

Curved panels are widely used in application areas such as entertainment, gaming, design, automotive, manufacturing, and so on. These panels are extensively being used in TVs, monitors, smartphones, and wearable devices to meet different demands of customers.

By Application Analysis

Based on application, the market for commercial display has been segmented into retail, hospitality, entertainment, stadiums & playgrounds, corporate, banking, healthcare, education, and transportation. The retail sector accounted for the largest market share in 2020.

The hospitality segment is another prominent segment contributing to the growth of the market owing to the growing number of hotels, motels, restaurants, QSRs, cafes, and bars. Such establishments require a large number of display solutions for various applications such as advertisement, menu & food display, and entertainment.

By Display Size Analysis

Based on display size, the market for commercial display has been categorized into below 32 inches, 32 to 52 inches, 52 to 75 inches, and above 75 inches. The below 32 inches and 32 to 52 inches segments generated relatively higher revenues in 2020 and are expected to witness steady growth.

the above 75 inches segment is expected to register the highest CAGR owing to the growing demand for large-format displays. The customers from sectors such as retail, transportation, and healthcare are adopting large displays for signage applications.

By Regional Analysis

Based on region, the global commercial display market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for more than 30% of the market share in 2020owing to the presence of the key market players.

Asia Pacific is expected to witness substantial growth, registering the highest CAGR of 8.03% from 2021 to 2030. The growth of the region can be attributed to rapid urbanization in developing countries and the growing adoption of commercial displays in healthcare, hospitality, transportation, and retail sectors.

Key Players

  • CDW
  • Cisco Systems, Inc.
  • Dell
  • Koninklijke Philips N.V.
  • LG Display Co., Ltd.
  • NEC Display Solutions
  • Panasonic Corporation
  • SAMSUNG
  • Sharp Electronics Corporation
  • Sony Corporation

Market Segmentation

  • Product
    • Digital Signage
      • Video Walls
      • Video Screens
      • Transparent LED Screens
      • Digital Posters
      • Kiosks
      • Others
    • Display Monitor
    • Display TVs
  • Technology
    • LCD
    • LED
      • Mini LED
      • Micro LED
      • Other LED
    • Others
  • Component
    • Hardware
    • Software
    • Services
  • Type
    • Flat Panel
    • Curved Panel
    • Other Panel
  • Size
    • Below 32 inches
    • 32 to 52 inches
    • 52 to 75 inches
    • Above 75 inches
  • Application
    • Retail
    • Hospitality
    • Entertainment
    • Stadiums & Playgrounds
    • Corporate
    • Banking
    • Healthcare
    • Education
    • Transportation
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
    • Asia Pacific
      • China
      • Japan
      • India
    • South America
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Commercial Display Market, By Product

7.1.  Commercial Display Market, by Product, 2021-2030

7.1.1.    Digital Signage

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Display Monitor

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Display TVs

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Commercial Display Market, By Technology

8.1.  Commercial Display Market, by Technology, 2021-2030

8.1.1.    LCD

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    LED

8.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Commercial Display Market, By Component

9.1.  Commercial Display Market, by Component, 2021-2030

9.1.1.    Hardware

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Software

9.1.2.1.        Market Revenue and Forecast (2017-2030)

9.1.3.    Services

9.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Commercial Display Market, By Type

10.1.        Commercial Display Market, by Type, 2021-2030

10.1.1.  Flat Panel

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Curved Panel

10.1.2.1.      Market Revenue and Forecast (2017-2030)

10.1.3.  Other Panel

10.1.3.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Commercial Display Market, By Size

11.1.        Commercial Display Market, by Size, 2021-2030

11.1.1.  Below 32 inches

11.1.1.1.      Market Revenue and Forecast (2017-2030)

11.1.2.  32 to 52 inches

11.1.2.1.      Market Revenue and Forecast (2017-2030)

11.1.3.  52 to 75 inches

11.1.3.1.      Market Revenue and Forecast (2017-2030)

11.1.4.  Above 75 inches

11.1.4.1.      Market Revenue and Forecast (2017-2030)

Chapter 12.      Global Commercial Display Market, By Application

12.1.        Commercial Display Market, by Application, 2021-2030

12.1.1.  Retail

12.1.1.1.      Market Revenue and Forecast (2017-2030)

12.1.2.  Hospitality

12.1.2.1.      Market Revenue and Forecast (2017-2030)

12.1.3.  Entertainment

12.1.3.1.      Market Revenue and Forecast (2017-2030)

12.1.4.  Stadiums & Playgrounds

12.1.4.1.      Market Revenue and Forecast (2017-2030)

12.1.5.  Corporate

12.1.5.1.      Market Revenue and Forecast (2017-2030)

12.1.6.  Banking

12.1.6.1.      Market Revenue and Forecast (2017-2030)

12.1.7.  Healthcare

12.1.7.1.      Market Revenue and Forecast (2017-2030)

12.1.8.  Education

12.1.8.1.      Market Revenue and Forecast (2017-2030)

12.1.9.  Transportation

12.1.9.1.      Market Revenue and Forecast (2017-2030)

Chapter 13.      Global Commercial Display  Market, Regional Estimates and Trend Forecast

13.1.        North America

13.1.1.  Market Revenue and Forecast, by Product (2017-2030)

13.1.2.  Market Revenue and Forecast, by Technology (2017-2030)

13.1.3.  Market Revenue and Forecast, by Component (2017-2030)

13.1.4.  Market Revenue and Forecast, by Type (2017-2030)

13.1.5.  Market Revenue and Forecast, by Size (2017-2030)

13.1.6.  Market Revenue and Forecast, by Application (2017-2030)

13.1.7.  U.S.

13.1.7.1.      Market Revenue and Forecast, by Product (2017-2030)

13.1.7.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.1.7.3.      Market Revenue and Forecast, by Component (2017-2030)

13.1.7.4.      Market Revenue and Forecast, by Type (2017-2030)

13.1.7.5.      Market Revenue and Forecast, by Size (2017-2030)

13.1.7.6.      Market Revenue and Forecast, by Application (2017-2030)

13.1.8.  Rest of North America

13.1.8.1.      Market Revenue and Forecast, by Product (2017-2030)

13.1.8.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.1.8.3.      Market Revenue and Forecast, by Component (2017-2030)

13.1.8.4.      Market Revenue and Forecast, by Type (2017-2030)

13.1.8.5.      Market Revenue and Forecast, by Size (2017-2030)

13.1.8.6.      Market Revenue and Forecast, by Application (2017-2030)

13.2.        Europe

13.2.1.  Market Revenue and Forecast, by Product (2017-2030)

13.2.2.  Market Revenue and Forecast, by Technology (2017-2030)

13.2.3.  Market Revenue and Forecast, by Component (2017-2030)

13.2.4.  Market Revenue and Forecast, by Type (2017-2030)

13.2.5.  Market Revenue and Forecast, by Size (2017-2030)

13.2.6.  Market Revenue and Forecast, by Application (2017-2030)

13.2.7.  UK

13.2.7.1.      Market Revenue and Forecast, by Product (2017-2030)

13.2.7.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.2.7.3.      Market Revenue and Forecast, by Component (2017-2030)

13.2.7.4.      Market Revenue and Forecast, by Type (2017-2030)

13.2.7.5.      Market Revenue and Forecast, by Size (2017-2030)

13.2.7.6.      Market Revenue and Forecast, by Application (2017-2030)

13.2.8.  Germany

13.2.8.1.      Market Revenue and Forecast, by Product (2017-2030)

13.2.8.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.2.8.3.      Market Revenue and Forecast, by Component (2017-2030)

13.2.8.4.      Market Revenue and Forecast, by Type (2017-2030)

13.2.8.5.      Market Revenue and Forecast, by Size (2017-2030)

13.2.8.6.      Market Revenue and Forecast, by Application (2017-2030)

13.2.9.  France

13.2.9.1.      Market Revenue and Forecast, by Product (2017-2030)

13.2.9.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.2.9.3.      Market Revenue and Forecast, by Component (2017-2030)

13.2.9.4.      Market Revenue and Forecast, by Type (2017-2030)

13.2.9.5.      Market Revenue and Forecast, by Size (2017-2030)

13.2.9.6.      Market Revenue and Forecast, by Application (2017-2030)

13.2.10.               Rest of Europe

13.2.10.1.   Market Revenue and Forecast, by Product (2017-2030)

13.2.10.2.   Market Revenue and Forecast, by Technology (2017-2030)

13.2.10.3.   Market Revenue and Forecast, by Component (2017-2030)

13.2.10.4.   Market Revenue and Forecast, by Type (2017-2030)

13.2.10.5.   Market Revenue and Forecast, by Size (2017-2030)

13.2.10.6.   Market Revenue and Forecast, by Application (2017-2030)

13.3.        APAC

13.3.1.  Market Revenue and Forecast, by Product (2017-2030)

13.3.2.  Market Revenue and Forecast, by Technology (2017-2030)

13.3.3.  Market Revenue and Forecast, by Component (2017-2030)

13.3.4.  Market Revenue and Forecast, by Type (2017-2030)

13.3.5.  Market Revenue and Forecast, by Size (2017-2030)

13.3.6.  Market Revenue and Forecast, by Application (2017-2030)

13.3.7.  India

13.3.7.1.      Market Revenue and Forecast, by Product (2017-2030)

13.3.7.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.3.7.3.      Market Revenue and Forecast, by Component (2017-2030)

13.3.7.4.      Market Revenue and Forecast, by Type (2017-2030)

13.3.7.5.      Market Revenue and Forecast, by Size (2017-2030)

13.3.7.6.      Market Revenue and Forecast, by Application (2017-2030)

13.3.8.  China

13.3.8.1.      Market Revenue and Forecast, by Product (2017-2030)

13.3.8.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.3.8.3.      Market Revenue and Forecast, by Component (2017-2030)

13.3.8.4.      Market Revenue and Forecast, by Type (2017-2030)

13.3.8.5.      Market Revenue and Forecast, by Size (2017-2030)

13.3.8.6.      Market Revenue and Forecast, by Application (2017-2030)

13.3.9.  Japan

13.3.9.1.      Market Revenue and Forecast, by Product (2017-2030)

13.3.9.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.3.9.3.      Market Revenue and Forecast, by Component (2017-2030)

13.3.9.4.      Market Revenue and Forecast, by Type (2017-2030)

13.3.9.5.      Market Revenue and Forecast, by Size (2017-2030)

13.3.9.6.      Market Revenue and Forecast, by Application (2017-2030)

13.3.10.               Rest of APAC

13.3.10.1.   Market Revenue and Forecast, by Product (2017-2030)

13.3.10.2.   Market Revenue and Forecast, by Technology (2017-2030)

13.3.10.3.   Market Revenue and Forecast, by Component (2017-2030)

13.3.10.4.   Market Revenue and Forecast, by Type (2017-2030)

13.3.10.5.   Market Revenue and Forecast, by Size (2017-2030)

13.3.10.6.   Market Revenue and Forecast, by Application (2017-2030)

13.4.        MEA

13.4.1.  Market Revenue and Forecast, by Product (2017-2030)

13.4.2.  Market Revenue and Forecast, by Technology (2017-2030)

13.4.3.  Market Revenue and Forecast, by Component (2017-2030)

13.4.4.  Market Revenue and Forecast, by Type (2017-2030)

13.4.5.  Market Revenue and Forecast, by Size (2017-2030)

13.4.6.  Market Revenue and Forecast, by Application (2017-2030)

13.4.7.  GCC

13.4.7.1.      Market Revenue and Forecast, by Product (2017-2030)

13.4.7.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.4.7.3.      Market Revenue and Forecast, by Component (2017-2030)

13.4.7.4.      Market Revenue and Forecast, by Type (2017-2030)

13.4.7.5.      Market Revenue and Forecast, by Size (2017-2030)

13.4.7.6.      Market Revenue and Forecast, by Application (2017-2030)

13.4.8.  North Africa

13.4.8.1.      Market Revenue and Forecast, by Product (2017-2030)

13.4.8.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.4.8.3.      Market Revenue and Forecast, by Component (2017-2030)

13.4.8.4.      Market Revenue and Forecast, by Type (2017-2030)

13.4.8.5.      Market Revenue and Forecast, by Size (2017-2030)

13.4.8.6.      Market Revenue and Forecast, by Application (2017-2030)

13.4.9.  South Africa

13.4.9.1.      Market Revenue and Forecast, by Product (2017-2030)

13.4.9.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.4.9.3.      Market Revenue and Forecast, by Component (2017-2030)

13.4.9.4.      Market Revenue and Forecast, by Type (2017-2030)

13.4.9.5.      Market Revenue and Forecast, by Size (2017-2030)

13.4.9.6.      Market Revenue and Forecast, by Application (2017-2030)

13.4.10.               Rest of MEA

13.4.10.1.   Market Revenue and Forecast, by Product (2017-2030)

13.4.10.2.   Market Revenue and Forecast, by Technology (2017-2030)

13.4.10.3.   Market Revenue and Forecast, by Component (2017-2030)

13.4.10.4.   Market Revenue and Forecast, by Type (2017-2030)

13.4.10.5.   Market Revenue and Forecast, by Size (2017-2030)

13.4.10.6.   Market Revenue and Forecast, by Application (2017-2030)

13.5.        Latin America

13.5.1.  Market Revenue and Forecast, by Product (2017-2030)

13.5.2.  Market Revenue and Forecast, by Technology (2017-2030)

13.5.3.  Market Revenue and Forecast, by Component (2017-2030)

13.5.4.  Market Revenue and Forecast, by Type (2017-2030)

13.5.5.  Market Revenue and Forecast, by Size (2017-2030)

13.5.6.  Market Revenue and Forecast, by Application (2017-2030)

13.5.7.  Brazil

13.5.7.1.      Market Revenue and Forecast, by Product (2017-2030)

13.5.7.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.5.7.3.      Market Revenue and Forecast, by Component (2017-2030)

13.5.7.4.      Market Revenue and Forecast, by Type (2017-2030)

13.5.7.5.      Market Revenue and Forecast, by Size (2017-2030)

13.5.7.6.      Market Revenue and Forecast, by Application (2017-2030)

13.5.8.  Rest of LATAM

13.5.8.1.      Market Revenue and Forecast, by Product (2017-2030)

13.5.8.2.      Market Revenue and Forecast, by Technology (2017-2030)

13.5.8.3.      Market Revenue and Forecast, by Component (2017-2030)

13.5.8.4.      Market Revenue and Forecast, by Type (2017-2030)

13.5.8.5.      Market Revenue and Forecast, by Size (2017-2030)

13.5.8.6.      Market Revenue and Forecast, by Application (2017-2030)

Chapter 14.  Company Profiles

14.1.              CDW

14.1.1.  Company Overview

14.1.2.  Product Offerings

14.1.3.  Financial Performance

14.1.4.  Recent Initiatives

14.2.              Cisco Systems, Inc.

14.2.1.  Company Overview

14.2.2.  Product Offerings

14.2.3.  Financial Performance

14.2.4.  Recent Initiatives

14.3.              Dell

14.3.1.  Company Overview

14.3.2.  Product Offerings

14.3.3.  Financial Performance

14.3.4.  Recent Initiatives

14.4.              Koninklijke Philips N.V.

14.4.1.  Company Overview

14.4.2.  Product Offerings

14.4.3.  Financial Performance

14.4.4.  Recent Initiatives

14.5.              LG Display Co., Ltd.

14.5.1.  Company Overview

14.5.2.  Product Offerings

14.5.3.  Financial Performance

14.5.4.  Recent Initiatives

14.6.              NEC Display Solutions

14.6.1.  Company Overview

14.6.2.  Product Offerings

14.6.3.  Financial Performance

14.6.4.  Recent Initiatives

14.7.              Panasonic Corporation

14.7.1.  Company Overview

14.7.2.  Product Offerings

14.7.3.  Financial Performance

14.7.4.  Recent Initiatives

14.8.              SAMSUNG

14.8.1.  Company Overview

14.8.2.  Product Offerings

14.8.3.  Financial Performance

14.8.4.  Recent Initiatives

14.9.              Sharp Electronics Corporation

14.9.1.  Company Overview

14.9.2.  Product Offerings

14.9.3.  Financial Performance

14.9.4.  Recent Initiatives

14.10.           Sony Corporation

14.10.1.               Company Overview

14.10.2.               Product Offerings

14.10.3.               Financial Performance

14.10.4.               Recent Initiatives

Chapter 15.  Research Methodology

15.1.              Primary Research

15.2.              Secondary Research

15.3.              Assumptions

Chapter 16.  Appendix

16.1.              About Us

Glossary of Terms

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