Asia Pacific Smart Display Market By Resolution (HD & FHD and UHD), By Type (Signage, Home Display and Mirror), By Display Size (Between 32 & 52 Inch, Below 32 Inch and Above 52 Inch), By End User (Retail, Residential, Healthcare & Life Sciences, Sports & Entertainment, Automotive and Others), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Smart Display Market would witness market growth of 22.1% CAGR during the forecast period (2021-2027).
Smart Display is a touch screen invention that requires little or no hand movement, has a simple keyboard, and is portable to make it easy to use. The greater scope of expansion and execution with their specific specs are being embraced by every sector which is one of the key factors for the growth of the Smart Display market.
In addition, advances in digital technology in the retail and commercial sectors, such as smart electronic signs, can show digital pictures and video for advertising purposes. Moreover, smart mirror technology projects user pictures onto the screen in the same way that a mirror does, but with more advanced capabilities. Furthermore, the smart display can be controlled through smartphone, voice control, and Internet of Things-enabled devices, making it a potential market for vehicle smart displays.
The increasing disposable income of the population across nations like India and China is creating demand for various products containing smart displays which would increase the demand for the smart display in the Asia Pacific region. The increasing number of vehicles in nations like China and India is opening new growth prospects for the regional market.
Moreover, the rising adoption of various smart devices in the retail sector for better customer experience is bolstering the growth of the regional market. The growing applications of smart displays in various sectors and households would also augment the demand for such displays in this region. All these factors are together boosting the growth of the regional market.
The China market dominated the Asia Pacific Smart Display Home Display Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $516.3 million by 2027. The Japan market is showcasing a CAGR of 22.3% during (2021 - 2027). Additionally, The India market is anticipated to witness a CAGR of 23.7% during (2021 - 2027).
Based on Resolution, the market is segmented into HD & FHD and UHD. Based on Type, the market is segmented into Signage, Home Display and Mirror. Based on Display Size, the market is segmented into Between 32 & 52 Inch, Below 32 Inch and Above 52 Inch. Based on End User, the market is segmented into Retail, Residential, Healthcare & Life Sciences, Sports & Entertainment, Automotive and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Qualcomm, Inc., Intel Corporation, Honeywell International, Inc., NEC Corporation, Amazon.com, Inc., Google, Inc., LG Electronics, Inc. (LG Corporation), Sony Corporation, Apple, Inc., and Samsung Electronics Co., Ltd. (Samsung Group)
Scope of the Study
Market Segments Covered in the Report:
- HD & FHD
- Home Display
By Display Size
- Between 32 & 52 Inch
- Below 32 Inch
- Above 52 Inch
By End User
- Healthcare & Life Sciences
- Sports & Entertainment
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Qualcomm, Inc.
- Intel Corporation
- Honeywell International, Inc.
- NEC Corporation
- Amazon.com, Inc.
- Google, Inc.
- LG Electronics, Inc. (LG Corporation)
- Sony Corporation
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
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