Asia-Pacific Smart Display Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028


No. of Pages: 153    |    Report Code: BMIRE00025702    |    Category: Electronics and Semiconductor

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Asia-Pacific Smart Display Market
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The APAC smart display market is expected to grow from US$ 833.83 million in 2022 to US$ 5,669.14 million by 2028. It is estimated to grow at a CAGR of 37.6% from 2022 to 2028.

 

The adoption of smart signage enables a variety of content to be displayed and scheduled multiple times in a day or week. The context-aware smart signage provides active and real-time information. For instance, it can provide information related to weather; during the rainy season, it can show advertisements for umbrellas, or in summer, it can display advertisements for sunglasses. It can also provide information, such as user location and physical items obtained with the help of locating system. This smart signage does not require any centralized server. The increasing number of malls, retail stores, and hotels lead to the growing competition in providing better facilities, increasing the use of context-aware signage, thereby driving the market across the region.

 

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC smart display market at a good CAGR during the forecast period.

 

 

PAC Smart Display Market Revenue and Forecast to 2028 (US$ Million)          

 

 

APAC Smart Display Market Segmentation

 

The APAC smart display market is segmented on the basis of size, type, resolution, industry, and country.

 

Based on size, the market is segmented into up to 12 inches, above 12 inches - up to 32 inches, above 32 inches - up to 52 inches, and above 52 inches. The above 32 inches - up to 52 inches segment dominated the market in 2022.

 

Based on type, the market is segmented into signage, display, and mirror. The display segment dominated the market in 2022.

 

Based on resolution, the market is segmented into full high definition, ultra-high definition, and others. The full high definition segment dominated the market in 2022.

 

Based on industry, the market is segmented into consumer & home appliances, automotive, healthcare, retail, and others. The consumer & home appliances segment dominated the market in 2022.   

 

Based on country, the market is segmented into China, India, Japan, South Korea, Australia, and the Rest of APAC. China dominated the market in 2022.           

 

Alphabet Inc.; Amazon.com, Inc.; BenQ Corporation; Lenovo Group Limited; LG Electronics; Magna International Inc; NEXCOM International Co., Ltd.; Panasonic Corporation; Samsung Electronics Co., Ltd.; and Sony Corporation are the leading companies in the APAC smart display market.


Asia-Pacific Smart Display Strategic Insights

Strategic insights for the Asia-Pacific Smart Display provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/asia-pacific-smart-display-market-strategic-framework.webp
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Asia-Pacific Smart Display Report Scope

Report Attribute Details
Market size in 2022 US$ 833.83 Million
Market Size by 2028 US$ 5,669.14 Million
Global CAGR (2022 - 2028) 37.6%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Size
  • Up to 12 Inches
  • Above 12 Inches-Up to 32 Inches
  • Above 32 Inches-Up to 52 Inches
  • Above 52 Inches
By Type
  • Signage
  • Display
  • Mirror
By Resolution
  • Full High Definition
  • Ultra High Definition
By Industry
  • Consumer & Home Appliances
  • Automotive
  • Healthcare
  • Retail
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Alphabet Inc.
  • Amazon.com, Inc.
  • BenQ Corporation
  • Lenovo Group Limited
  • LG Electronics
  • Magna International Inc
  • NEXCOM International Co., Ltd.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
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    Asia-Pacific Smart Display Regional Insights

    The geographic scope of the Asia-Pacific Smart Display refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - Asia-Pacific Smart Display Market

    1. Alphabet Inc.
    2. Amazon.com, Inc.
    3. BenQ Corporation
    4. Lenovo Group Limited
    5. LG Electronics
    6. Magna International Inc     
    7. NEXCOM International Co., Ltd.
    8. Panasonic Corporation
    9. Samsung Electronics Co., Ltd.
    10. Sony Corporation 

     

     

     

     

     

    Frequently Asked Questions
    How big is the Asia-Pacific Smart Display Market?

    The Asia-Pacific Smart Display Market is valued at US$ 833.83 Million in 2022, it is projected to reach US$ 5,669.14 Million by 2028.

    What is the CAGR for Asia-Pacific Smart Display Market by (2022 - 2028)?

    As per our report Asia-Pacific Smart Display Market, the market size is valued at US$ 833.83 Million in 2022, projecting it to reach US$ 5,669.14 Million by 2028. This translates to a CAGR of approximately 37.6% during the forecast period.

    What segments are covered in this report?

    The Asia-Pacific Smart Display Market report typically cover these key segments-

    • Size (Up to 12 Inches, Above 12 Inches-Up to 32 Inches, Above 32 Inches-Up to 52 Inches, Above 52 Inches)
    • Type (Signage, Display, Mirror)
    • Resolution (Full High Definition, Ultra High Definition)
    • Industry (Consumer & Home Appliances, Automotive, Healthcare, Retail)

    What is the historic period, base year, and forecast period taken for Asia-Pacific Smart Display Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific Smart Display Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia-Pacific Smart Display Market?

    The Asia-Pacific Smart Display Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Alphabet Inc.
  • Amazon.com, Inc.
  • BenQ Corporation
  • Lenovo Group Limited
  • LG Electronics
  • Magna International Inc
  • NEXCOM International Co., Ltd.
  • Panasonic Corporation
  • Samsung Electronics Co., Ltd.
  • Sony Corporation
  • Who should buy this report?

    The Asia-Pacific Smart Display Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia-Pacific Smart Display Market value chain can benefit from the information contained in a comprehensive market report.