Global Display Market for Retail Applications 2016-2020
About Retail Display
Displays are used to exhibit data or information. They are referred to as retail displays when used in retail applications like POS systems, kiosks, ATMs, and digital signage. They can be both touch-enabled and non-touch displays. A growing number of retailers are using interactive displays to attract customers. Retailers have to make sure that their digital displays are technically perfect to attract customers, given the increased consumer use of high-performance electronic devices such as smartphones and tablets. For instance, responsive screens should react quickly to consumer gestures so that shoppers continue to use them and close the sale.
Technavio’s analysts forecast the global display market for retail applications to grow at a CAGR of 15.2% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global retail display market for the period 2016-2020. To calculate the market size, the report covers the shipment of displays for the retail sector worldwide in the following applications:
Technavio Announces the Publication of its Research Report – Global Retail Display Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Retail Display Market: 3M, Adflow Networks, AU Optronics, Cisco, HP, Innolux, LG Display, Panasonic, Samsung and Sharp
Other Prominent Vendors in the market are: Cambridge Display Technologies, DuPont Display, Elo Touch Solution, E Ink Holdings, Fujitsu, General Electric, Kent Displays, Mitsubishi Electric, NEC Display Solutions, Plastic Logic, Philips, Sony, Epson, Toshiba, TPK, and Universal Display.
Commenting on the report, an analyst from Technavio’s team said: “Multi-touch functionality allows two or more fingers to be used on the screen at a time. Apple introduced the technology, which enabled the company to allow pinching and stretching gestures for zoom control on its devices. Multi-touch is used in capacitive touchscreen displays, as resistive touchscreen displays do not support this feature. It replaces the need for keypads for many functions.”
According to the report, to attract the attention of users on a large scale, vendors are making attractive, large-sized digital displays. They are introducing interactive touch displays to make a drastic change in user experience. Interactive digital signage displays enhance users' engagement with the content, leaving a stronger impact on their minds. They allow end-users to interact with the content via touch screens, body sensors, and QR codes through smartphones.
Further, the report states that the e-retailing market is in its growth stage and is expected to expand mainly in the developing countries, affecting the demand for displays in retailing.
3M, Adflow Networks, AU Optronics, Cisco, HP, Innolux, LG Display, Panasonic, Samsung, Sharp, Cambridge Display Technologies, DuPont Display, Elo Touch Solution, E Ink Holdings, Fujitsu, General Electric, Kent Displays, Mitsubishi Electric, NEC Display Solutions, Plastic Logic, Philips, Sony, Epson, Toshiba, TPK, Universal Display.
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