Scope of the Study
Smart Displays are the displays with the special features like touch screen and voice assistant command which makes it very convenient for the user. Smart displays are used to support entertainment, informational videos, video chats, and much more. Recent smart displays have inbuilt Bluetooth speaker to deliver more facilities like voice assistant command. Technological enhancement in display building has also improved high definition quality of the videos displayed. Smart displays can also be setup to provide more facilities like light switches and front door locks. The market for smart displays is growing rapidly due to reckless demand for electronic gadgets like smart TV, smart phones, touch screen laptops and more. Additionally, increase in adoption of display applications by OEMs in automotive hubs drives the market up to ultimate level. Smart displays with large screen size and voice assistant facility are trending the market.
The market study is being classified by Type (LCD Type, LED Type and Other), by Application (Smart TV, Smartphone, Pad Product, PC Display and Other) and major geographies with country level break-up. According to AMA, the Global Smart Displays market is expected to see growth rate of 13.23% and may see market size of USD10.56 Billion by 2024.
Samsung (South Korea), LG Electronics (South Korea), Sony (Japan), Sharp (Japan), Philips (Japan), Hisense (China), Skyworth (China), Epson (Japan), NEC (Japan), ACER (Taiwan) and Panasonic (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are TCL (China), Changhong (China) and Konka (China).
Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. As well as investing money in R&D sector to make technical up-gradations in the product. Research Analyst at AMA predicts that Japan Players will contribute to the maximum growth of Global Smart Displays market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Smart Displays market by Type, Application and Region.
On the basis of geography, the market of Smart Displays has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Adoption in connected vehicles
- Inclination towards comfort and convenience features
- Continuously growing demand for consumer electronics
- Increasing preference of mobile industry towards smart displays
- Voice assistant smart displays
- 6”-10” i.e. enhanced sized displays
- Displays that can assist high definition (HD) videos
- Higher cost of R&D to make automotive advancement
- Increasing Cyber security threat
- Comfortable interiors at lower price
- Arrival of new technology in automotive industry
- Growing smart mirror application’s
- Continuous technological improvement electronic gadgets
- Arrival of semi-autonomous and electric vehicles
- To make available Comfortable interiors at lower price
- To add-on more facilities still maintain quality
Key Target AudienceManufacturer, Raw material supplier, Distributors/traders/dealers, Channel partners, Industry Association, Governments and investment communities and Research organizations and associations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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