With significant advancements in the touchscreen & embedded technologies, the global display market is expected to tread along a profitable roadmap in the ensuing years. The emerging markets for touch sensors, controllers, and software drivers for enhancing display & touchscreen experience are highly impacting the industry’s end-use landscape. The retail sector, in this backdrop, aptly exemplify the phenomenal growth of display market. The NFC-enabled terminals, Digital POS displays, smart ATMs, and Kiosks are some of the prominent display market products that have profoundly emerged as the most preferred mediums to engage with customers. Companies partaking in display market are in turn going the whole nine yards to bring new range of products that match with the ever-changing customer preferences.
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The display market in kiosk applications is expected to grow significantly owing to the rapid adoption of kiosks in applications such as ticketing, self-checkout, and ordering food. Large retailers in countries such as the U.S., the UK, Australia, and Germany are increasingly adopting the self-checkout kiosks to enhance efficiency, save customer time, and improve operational profits. The trend of self-checkout kiosks is penetrating in other retail segments such as departmental stores, small convenience stores, and specialty retailers. Ease-of-use and swiftness of operations are the key factors driving the demand for self-checkout kiosks. This is projected to propel the industry growth in kiosk applications over the forecast timespan.
Reports claim Asia Pacific to be one of the significant regions witnessing high adoption of display technology in retail, entertainment, healthcare, and hospitality sectors. The growing need to upgrade and replace the existing old machines especially in the countries such as China, India, and South Korea is fueling the display market growth in Asia Pacific belt. Add to it, the initiatives such as demonetization and digitization that have been undertaken by the Indian government are expected to further fortify display industry share.
Analysts deem that rising implementation of these systems to reduce error and improve profitability has been the key propeller of display technologies adoption in the region. Contemplating on these newer adoption of display technologies, the regional semiconductor & display vendors are seen rapidly expanding their manufacturing capabilities to cater increase in product demand & annual sales.
Some of the key vendors in the display market include Fujitsu Limited, Pax Technology, Inc., NCR Corporation, TCL Displays, Epson America, Inc., Posiflex Technology, Inc., Diebold Nixdorf, Inc., Fametech, Inc., Displax SA, Topfoison Electronic Technology Co., Ltd., and Ingenico Group.
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Given the fact that display technologies will witness extensive adoption on global level, it goes without saying that these systems will remain prominent part of modern-day infrastructure projects. All in all, driven by growing participation of tech giants investing in this technology, the display market growth is all poised to traverse along a profitable roadmap in the coming years.
Some Points From Table Of Content: –
Chapter 3. Display Market Insights
3.1. Display Market segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Evolution of display technology
3.2.2. ATM Display Market landscape, 2013 – 2024
184.108.40.206. ATM market size & forecast, 2013 – 2024 (Revenue, Shipment)
3.2.3. POS industry landscape, 2013 – 2024
220.127.116.11. POS terminals market size & forecast, 2013 – 2024 (Revenue, Shipment)
3.2.4. Kiosk industry landscape, 2013 – 2024
18.104.22.168. Kiosks market size & forecast, 2013 – 2024 (Revenue, Shipment)
3.2.5. Payments industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Raw material suppliers
3.3.4. System integrators
3.3.5. Distribution channel analysis
22.214.171.124. Online channels
3.3.6. End customer trends
3.3.7. Vendor matrix
3.4. Technology roadmap
3.4.1. Surface acoustic wave technology
3.4.2. Laser-powered phosphor display
3.4.3. Surface-conduction electron-emitter display (SED)
3.4.4. Ferro liquid display
3.5. Regulatory landscape
3.6. Price trend analysis, 2013 – 2024
3.6.1. ATM display
126.96.36.199. Price trend analysis, by display size
188.8.131.52. Price trend analysis, by resolution
3.6.2. POS display
184.108.40.206. Price trend analysis, by display size
220.127.116.11. Price trend analysis, by resolution
3.6.3. Kiosk display
18.104.22.168. Price trend analysis, by display size
22.214.171.124. Price trend analysis, by resolution
3.7. Industry impact forces
3.7.1. Growth drivers
126.96.36.199. Declining prices of the displays will propel the demand across the globe
188.8.131.52. Technological advancements and replacement demand for ATMs in Europe
184.108.40.206. Growing adoption of self-checkout kiosks by retailers in the U.S.
220.127.116.11. Stringent government regulations in Europe
18.104.22.168. High adoption of ATMs in BRICS countries
22.214.171.124. Increasing need for replacing existing ATMs in Asia Pacific
126.96.36.199. Increasing demand for POS terminals with growing awareness regarding cashless economy in Asia Pacific
188.8.131.52. Growing digitization in India
184.108.40.206. Growing popularity of self-service terminals in Asia Pacific and MEA
220.127.116.11. Growing adoption of self-checkout kiosks by retailers in Latin America
3.7.2. Industry pitfalls & challenges
18.104.22.168. Lowering of ATM usage due to decrease in cash usage in U.S.
22.214.171.124. Lack of standardization
126.96.36.199. Data security concerns
188.8.131.52. Increasing instances of card and ATM frauds
184.108.40.206. Stringent privacy and security regulations
3.8. Growth potential analysis
3.8.1. ATM display
3.8.2. POS display
3.8.3. Kiosk display
3.9. Porter’s analysis
3.9.1. Supplier power
3.9.2. Buyer power
3.9.3. Threat of new entrants
3.9.4. Threat of substitutes
3.9.5. Internal rivalry
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