Smart Display Market Growth Analysis - Forecast Trends and Outlook (2025-2034)

The global smart display market is expected to experience considerable growth in the coming years. With a market value of USD 8.80 Billion in 2024, it is forecast to grow at a CAGR of 22.20 % until 2034, reaching a total market value of USD 65.34 Billion by 2034.

The COVID-19 pandemic has had a profound impact on the global smart display market, accelerating adoption as more consumers sought connected technologies. After the COVID-19 outbreak, the demand for smart display devices surged, contributing to market growth as industries adapted to remote work and virtual interactions.

The smart display market has seen significant growth due to the increasing demand for smart screens and smart speakers in various applications, including smart home ecosystems. The integration of smart screens in daily life, whether through TVs, digital signage, or home automation devices, has revolutionised the way users interact with technology. These devices are frequently controlled using voice commands, making them more accessible and user-friendly. The rise of smart speakers has also played a key role, offering seamless integration with smart home systems and providing users with hands-free control of their environment. The use of voice assisted technology, powered by advanced natural language processing, allows users to issue voice commands to control everything from lighting to temperature, making the home more efficient and convenient. The growing popularity of smart home devices is further fuelled by innovations in smart screen technology, enabling smoother interactions between different smart products. With these advancements, smart screens and smart speakers are becoming integral to modern living, enhancing user experience and driving the demand for smart home automation products globally.

COVID-19 Impact

Shutdown of Production Plants and Disruption in Supply Chains Have Adversely Affected Market Growth

The global smart display market has experienced significant growth, especially post-COVID-19, as demand for innovative and touchless technologies increases. The COVID-19 pandemic accelerated the adoption of smart screens and smart speakers in homes and businesses, as they offer enhanced convenience and safety. COVID-19 highlighted the importance of touchless interfaces, which have become a key feature in many new smart devices, ensuring minimal physical interaction. Additionally, the integration of voice-assisted features in smart displays further enhances user experience, allowing seamless control without needing to touch the device. However, the COVID-19 pandemic also disrupted the supply chain, impacting production and distribution. Despite these challenges, the market for smart screens has continued to grow, with applications ranging from home entertainment to business communication. With the increasing demand for connected, voice-enabled, and touchless solutions, smart displays are set to become a central part of everyday life, driving innovation in the global market.

The global smart display market has seen growth, especially during COVID-19, as industries like retail, automotive, and healthcare increasingly adopt smart screens. Smart mirrors and smart signage are becoming more prevalent, offering touchless interaction for improved customer experience. In the automotive sector, smart displays enhance in-car navigation and controls, while in retail, smart displays are transforming customer engagement. Healthcare applications benefit from these displays, providing efficient solutions for patient monitoring and communication.

Key Trends and Developments

Key trends influencing growth in the global smart display market are increased innovations, rising prevalence of AI technology, growing demand for large format displays, and popularity of wireless and flexible display solutions.

September 2024

Apple announced that it aims to launch new smart displays within the HomePod series next year. These displays will contain a more affordable version equipped with a FaceTime camera and gesture recognition capabilities.

June 2024

Samsung has introduced its newest range of smart displays for 2024, which includes the Odyssey OLED G8 and G6 monitors. These monitors are equipped with high-end OLED technologies, such as Samsung’s OLED Safeguard+ to prevent burn-in and FreeSync Premium Pro to enhance gaming performance.

January 2024

At CES 2024, Panasonic announced its newest OLED smart TV models, the Z95A and Z93A, which come with built-in Fire TV. These TVs will allow users to control smart home devices, stream a wide range of content, and use Alexa for voice commands.

January 2024

Amazon announced the launch of the Matter Casting feature for its Echo Show 15 and Fire TV devices, enabling users to effortlessly cast content from their iOS or Android devices to these smart displays.

Increased Innovations in the Market

The market for smart displays is expected to witness substantial growth during the forecast period, owing to the rise in demand for smart-technology applications in the residential sector. For instance, Amazon's Echo Show series offers features such as hands-free voice control, remote access, and privacy-focused options, all of which have received favorable reviews from users. As per the smart display market dynamics and trends, Samsung's SmartThings platform integrates smart displays with a range of IoT devices to deliver a seamless user experience. These advancements cater to consumers' needs for convenience, energy efficiency, and enhanced home security. Growing demand for portable LCD displays, touch screens, and voice command devices has also increased the number of smart home appliances, which further increases the market growth.

Rising Prevalence of AI Technology

The smart display demand is predicted to expand significantly, with an increase in the number of smartphones around the world and rising disposable incomes. AI-powered smart screens can lead to significant investments in the market because of their uses in smart homes for managing lights, fans, security cameras, TVs, and other devices. The incorporation of AI-powered assistants like Amazon Alexa and Google Assistant has transformed smart displays into versatile hubs that can manage various smart home devices. This development provides users with hands-free functionality and proactive insights into their daily routines. Increased demand for complex features in consumer electronics applications is also expected to boost the market. Companies like Samsung and LG have leveraged AI and IoT to enable personalized and predictive features in their smart displays, improving their functionalities for tasks such as energy management and home security.

Growing Demand for Large Format Displays

A growing trend in the smart display market is the large format displays that are usually found in commercial and retail sectors. Companies are increasingly engaging more customers with these enormous screens offering high-definition resolution. These have become norms in advertising usage for interactive kiosks and digital signage. These developments can also be witnessed with bigger, more immersive screens found in smart TVs and various stadiums, with organizations prioritizing better visibility and user engagement. All of these create a push for manufacturers, prioritizing their focus on not only the size of the screens but also resolution, which meets higher demands.

Popularity of Wireless and Flexible Display Solutions

Another smart display market trend is the growing number of wired and flexible display technologies. Consumers and businesses have demanded newer aspects for display furniture such as sleek and high-tech designs, overdosed with intuitive features. With the development of display solutions with wireless connectivity, the reduced cable clutter makes smart displays more convenient. As per the smart display industry analysis, the demand for flexible display fields is expected to surge for their applications in retail and healthcare sectors requiring curved, foldable, or bendable screens. Such a trend opens up new design opportunities and changes the manner of application of smart displays both in consumer as well as commercial settings.

Latest Trends

Rising Adoption of Smart Mirrors in the Automotive Industry Set to Become a Key Trend

The global smart display market is experiencing significant growth, particularly within the automotive sector, where smart mirrors are becoming increasingly common. Automotive manufacturers are integrating smart displays and smart mirrors to enhance driver safety and convenience, offering features like real-time navigation, advanced driver-assistance systems (ADAS), and rear-view camera displays. In the automobile industry, smart mirrors are not just replacing traditional rearview mirrors but also providing additional functionalities such as touchless controls and voice-assisted features. Google’s involvement in this market is also noteworthy, as the company’s technology has been integrated into many smart display solutions, particularly in the automotive sector, to improve user interaction and connectivity. As demand for connected vehicles continues to rise, smart mirrors and displays are becoming essential components in modern automobiles, providing drivers with more intuitive and efficient ways to interact with their vehicles while enhancing overall safety and performance.

Smart Display Market Growth Factors

Rising Use of Smart Screens and Displays in the Healthcare Sector Could Propel Market Growth

The growth of the global smart display market is being driven by increasing adoption in the healthcare sector. Smart screens are revolutionising healthcare environments by providing touchless and voice-assisted interfaces, improving both patient care and staff efficiency. In hospitals and clinics, interactive displays are enhancing patient experiences, offering real-time information and easy communication between patients and healthcare providers. The use of smart screens in healthcare enables better management of medical data, remote consultations, and personalised treatment plans. Touchless technology is becoming particularly important, reducing physical contact and minimising the risk of infection, which is crucial in healthcare settings. Additionally, smart displays are helping medical professionals by providing hands-free controls, allowing them to operate equipment more efficiently while maintaining focus on patient care. The ongoing integration of these innovative technologies in healthcare is expected to play a key role in the continued growth of the interactive display market.

Restraining Factors

High Cost of Smart Screens May Limit Market Growth

The high cost of smart screens is expected to restrain the growth of the global smart display market. Manufacturing advanced smart screens, especially those featuring LED technology and voice-assisted capabilities, requires significant investment in research, development, and production. This drives up the price, making them less accessible for small businesses and individuals. Additionally, integrating natural language processing (NLP) into these displays adds another layer of complexity and cost. As a result, the affordability of smart screens may become a barrier, limiting their widespread adoption. While these technologies offer enhanced functionality and user experience, the premium pricing may slow their adoption, especially in price-sensitive markets. Thus, balancing cost with innovation is crucial for the broader acceptance of smart screens across various industries.

Segmentation

By Technology Analysis

LED Display Segment Leads Due to Increased Demand for Energy-efficient Screens

LED displays offer superior brightness, energy efficiency, and a longer lifespan compared to traditional displays. Their thin and lightweight design enhances portability, making them ideal for a range of smart display applications. LED technology delivers vibrant colours, high contrast ratios, and improved image quality, which boosts the overall user experience in the global smart display market.

LCD displays provide excellent colour accuracy, sharpness, and clarity, making them a preferred choice for smart displays. They offer a lower cost compared to OLED and LED options while still maintaining high resolution and performance. LCDs are energy-efficient and versatile, making them suitable for a variety of display sizes and applications within the global smart display market.

By Type Analysis

Smart Home Display Segment to Dominate Due to Rising Use of Smart Displays in Connected Devices

Smart display mirrors combine functionality and convenience by integrating digital displays with reflective surfaces. They offer features like real-time weather updates, news, and personal notifications while serving as mirrors. These devices enhance the user experience by providing an intuitive, sleek interface. In the global smart display market, they are increasingly popular in homes, hotels, and salons, offering seamless integration into daily life while enhancing interactivity and convenience.

Smart home displays provide users with centralised control over their smart devices, offering convenience and improved home automation. These displays allow users to manage lighting, security systems, temperature, and media devices easily through a touch interface or voice command. With features like video calls, weather updates, and smart notifications, smart home displays are enhancing the user experience, becoming an essential part of the connected home ecosystem in the global smart display market.

By End-User Analysis

Retail Segment to Generate Highest Revenue Due to Growing Adoption of Smart Screens

Smart city displays enhance urban living by providing real-time information on traffic, weather, public transport, and local events. These smart screens are often used in public spaces such as bus stops, airports, and shopping centres to improve communication and accessibility. By offering interactive and informative displays, they streamline urban management and services. In the global smart display market, the smart city segment is expanding rapidly, with governments increasingly adopting these technologies to promote efficiency, sustainability, and citizen engagement.

In the automotive sector, smart displays are transforming the driving experience by integrating navigation, entertainment, and vehicle information into a seamless interface. These displays provide real-time data such as speed, fuel efficiency, and safety alerts while enhancing infotainment options. With advances in touch, voice, and gesture controls, automotive smart displays increase driver convenience and safety. As vehicles become more connected and autonomous, the demand for high-quality, user-friendly smart displays is rising, driving growth in the global smart display market.

By Display Size Analysis

Analysis of the Smart Display Market by Different Display Sizes

Displays below 32 inches are ideal for compact spaces such as small homes, offices, and retail environments. Their size offers installation flexibility, fitting easily into areas where larger screens may not be feasible. These smart displays are popular in personal devices, including tablets and smaller televisions, delivering high-quality images and features like touch interaction, voice control, and easy integration with smart home systems, boosting their demand in the global smart display market.

Smart displays between 32 and 52 inches strike a balance between size and functionality, making them suitable for a variety of applications. These displays are widely used in living rooms, offices, and commercial spaces, offering enhanced visibility and interactivity. With higher resolutions and versatile connectivity options, they provide an immersive viewing experience for media, gaming, and smart home control. Their popularity in both residential and business settings is driving growth in the global smart display market.

By Resolution Analysis

Resolution-Based Analysis of Smart Display Market Trends and Consumer Preferences

Full High Definition (FHD) displays offer a superior viewing experience with clear, sharp images and vibrant colours, making them ideal for various applications such as media consumption, gaming, and digital signage. With a resolution of 1920x1080 pixels, FHD offers excellent image quality while remaining affordable compared to higher-resolution displays. Their popularity in both consumer electronics and business environments is driving growth in the global smart display market due to their cost-effectiveness and high performance.

High Definition (HD) displays, with a resolution of 1280x720 pixels, provide clear, crisp images at a more affordable price point than FHD and 4K displays. These displays are commonly used in entry-level smart devices, such as budget smartphones, tablets, and smaller televisions, offering good quality for everyday use. HD displays are particularly popular in emerging markets where affordability is key, contributing to their strong presence and steady growth in the global smart display market.

Regional Insights

North America is a key market for smart displays, driven by high consumer demand for advanced technology and innovative smart home solutions. The region's early adoption of connected devices and robust infrastructure support the growth of the smart display sector. Major companies and tech giants in the US and Canada contribute to market expansion, with increasing use in residential, commercial, and automotive applications enhancing the region’s dominance in the global smart display market.

Europe’s smart display market is growing rapidly due to the rise in smart home adoption and advancements in IoT technology. Consumers are increasingly seeking high-quality displays for both residential and commercial use, particularly in countries like the UK, Germany, and France. Moreover, the region’s strong focus on sustainability and energy efficiency drives demand for power-efficient smart displays, contributing to the market’s expansion across various sectors, including retail and hospitality.

Asia Pacific is expected to witness significant growth in the smart display market, fuelled by increasing disposable incomes and rising demand for consumer electronics. Countries like China, Japan, and South Korea are at the forefront of smart technology adoption, driving the market with advanced display solutions in both residential and commercial applications. The rapid pace of technological development and a growing middle-class population further accelerates the demand for smart displays in this region.

The smart display market in Latin America is expanding steadily, driven by the growing interest in smart home technologies and digital transformation. Countries such as Brazil and Mexico are seeing increased adoption of smart displays in retail, automotive, and residential sectors. However, the market is still in the early stages compared to other regions, with affordability and accessibility being key factors influencing the growth of smart display technology in the region.

The Middle East is emerging as a significant market for smart displays, particularly in the UAE, Saudi Arabia, and Qatar. With rapid urbanisation and increasing investments in smart cities and infrastructure, demand for high-tech solutions like smart displays is rising. The region's wealth and focus on modernising retail, hospitality, and automotive industries are boosting the adoption of interactive displays, making it a promising area for growth within the global smart display market.

In Africa, the smart display market is still developing but shows great potential due to increasing urbanisation and the rise in mobile technology usage. While adoption rates are currently lower compared to other regions, the demand for affordable, energy-efficient smart displays is growing, particularly in countries like South Africa, Kenya, and Nigeria. As technology infrastructure improves and consumer purchasing power increases, the smart display market in Africa is poised for gradual expansion.

Key Industry Players

The global smart display market is characterised by the presence of several prominent industry players who are shaping the technological landscape with their innovative solutions. These companies are investing heavily in research and development to improve display technologies, enhance user experience, and cater to the growing demand for smart, connected devices. Key industry players range from established tech giants to emerging start-ups, all focusing on delivering cutting-edge products for diverse applications, including consumer electronics, retail, automotive, and smart homes. By incorporating advancements in artificial intelligence, IoT, and augmented reality, these players are not only driving market growth but also enhancing the functionality and versatility of smart displays. Their competition fosters innovation, ensuring a dynamic and rapidly evolving market that is expected to continue expanding in the coming years.

Alpine Electronics

Alpine Electronics, founded in 1967, is a Japanese company specializing in premium automotive audio and navigation systems. Initially created as a joint venture between Alps Electric and Motorola, the company gained recognition for its groundbreaking advancements in in-car audio technology.

Alphabet Inc.

Alphabet Inc., established in 2015, in California, is the parent company of Google and operates as a conglomerate with an emphasis on technology and innovation. Based in California, the United States, Alphabet manages a varied portfolio that includes Google's primary internet services.

Japan Display Inc.

Japan Display Inc., created in 2012 through a partnership between Sony, Toshiba, and Hitachi, with support from the Innovation Network Corporation of Japan, is dedicated to developing high-end display technologies. Its focus is primarily on mobile devices, automotive displays, and wearable technology.

Leyard Optoelectronic Co. Ltd.

Founded in 1995, Leyard Optoelectronic Co. Ltd., is a renowned name in the smart display market. The company offers high-quality LED and OLED displays for various applications including gaming, advertising, and professional usage. Known for innovating in visual technologies, Leyard offers technological solutions such as fine-pitch displays and digital signage.

List of Key Companies in the Report in Smart Display Market

• Alpine Electronics, Inc.
• Alphabet Inc.
• Japan Display Inc.
• Leyard Optoelectronic Co., Ltd.
• LG Electronics Inc.
• Samsung Electronics Co. Ltd.
• Sony Group
• Panasonic Corporation
• Amazon.com, Inc.
• Gentex Corporation
• BenQ Corporation
• LENOVO GROUP LIMITED
• NEC Corporation
• Others

Key Industry Developments

• In March 2025, Apple planned to launch an AI-powered smart assistant with a large display. Codenamed J490, it featured a 7-inch screen, wall-mounted design, FaceTime camera, rechargeable battery, and new 'HomeOS' software, enhancing smart home integration and user control.
• In March 2025, Shelly launched the Wall Display X2 in Europe, combining a smart home hub and switch. It features a 6.95-inch touchscreen, built-in sensors, and control for connected devices. It also tracks energy consumption, supports automation, and integrates with Home Assistant.
• In January 2025, Samsung unveiled its new monitors at CES, featuring AI capabilities and enhanced performance. The Smart Monitor M9 includes AI-driven picture optimisation and 4K upscaling, while the Odyssey OLED G6 and G8 introduce industry-first sizes and 500Hz refresh rates, boosting gaming and productivity.
• In November 2024, Amazon launched the Echo Show 21, featuring a 21-inch screen, improved speakers, and a voice-enabled Alexa remote. The wall-mounted display offered enhanced sound quality, and an auto-framing camera, and doubled the viewing area compared to the Echo Show 15.
• In September 2024, the Redmi Smart Fire TV 4K series launched in India, available in 43-inch and 55-inch variants. Featuring a 4K HDR display, bezel-less design, and Alexa integration, it offers improved audio and connectivity, starting at Rs. 23,499.
• In September 2024, SMART Technologies launched its interactive displays in India, featuring the SMART Board MX and GX Series. With user-friendly designs, energy efficiency, and local manufacturing, the company partnered with schools and showcased its products at Didac India, advancing India's education sector.

Global Smart Display Industry Segmentation

“Smart Display Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Technology

• LED
• LCD

Market Breakup by Type

• Smart Signage
• Smart Home Display
• Smart Display Mirror

Market Breakup by Display Size

• Below 32 inches
• Between 32 and 52 inches
• Above 52 inches

Market Breakup by Resolution

• FHD
• HD
• UHD

Market Breakup by End-User

• Automotive
• Residential
• Retail
• Healthcare
• Sport and Entertainment
• Smart City
• Others

Market Breakup by Region

• North America
• United States of America
• Canada
• Europe
• United Kingdom
• Germany
• France
• Italy
• Others
• Asia Pacific
• China
• Japan
• India
• ASEAN
• Australia
• Others
• Latin America
• Brazil
• Argentina
• Mexico
• Others
• Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Nigeria
• South Africa
• Others