Quick Summary:
In the rapidly advancing technology world, the global Smart Displays Market is carving out a substantial growth trajectory, set to catapult from $7.3 billion in 2022 to an astonishing $30.1 billion by 2030. This report provides an in-depth exploration of this soaring market, offering invaluable data for strategic decision-making. Crucially, it forecasts the industry's bright prospects, revealing key market segments such as Smart Display Mirror poised to achieve a 19.4% CAGR, culminating to $14 billion by the end of this period.
The comprehensive analysis further unveils the geographic front-runners in the Smart Displays industry. The United States, currently a $2.2 billion market, China, anticipated to reach $5 billion by 2030, along with significant contributions from Japan, Canada, and Germany, paint a global picture of opportunity. Coupled with insights into the industry's top competitors and the latest movements, this report is your ticket to capitalizing on the Smart Displays market boom.
Global Smart Displays Market to Reach $30.1 Billion by 2030
The global market for Smart Displays estimated at US$7.3 Billion in the year 2022, is projected to reach a revised size of US$30.1 Billion by 2030, growing at a CAGR of 19.4% over the analysis period 2022-2030. Smart Display Mirror, one of the segments analyzed in the report, is projected to record a 19.4% CAGR and reach US$14 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smart Home Display segment is readjusted to a revised 20.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 18.3% CAGR
The Smart Displays market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2030 trailing a CAGR of 18.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.2% and 16% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.1% CAGR.Select Competitors (Total 33 Featured) -
- ACER
- Changhong
- Epson
- Hisense
- Konka
- LG Electronics
- NEC
- Panasonic
- Philips
- Samsung
- Sharp
- Skyworth
- Sony
- TCL
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Smart Displays?
What is the growth rate of the Global Market for Smart Displays?
What is the forecasted size of the Global Market for Smart Displays?
Who are the key companies in the Global Market for Smart Displays?
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 7.3 Billion |
| Forecasted Market Value ( USD | $ 30.1 Billion |
| Compound Annual Growth Rate | 19.4% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ACER
- Changhong
- Epson
- Hisense
- Konka
- LG Electronics
- NEC
- Panasonic
- Philips
- Samsung
- Sharp
- Skyworth
- Sony
- TCL
