Middle East & Africa Smart Display Market
No. of Pages: 147 | Report Code: BMIRE00025706 | Category: Electronics and Semiconductor
No. of Pages: 147 | Report Code: BMIRE00025706 | Category: Electronics and Semiconductor
Advancements such as augmented reality (AR), artificial intelligence (AI), Internet of Things (IoT), and virtual reality (VR) to upgrade customers’ shopping experience and improve operations and inventory management are some of the factors that are providing lucrative opportunities for the growth of smart display market. Augmented reality is especially changing the retail business by allowing brands to communicate directly with customers. A smart display on reception helps customers find solutions as per their requirements without staff intervention. In April 2022, Walmart announced its partnership with Google. This partnership will enable customers to add things to their cart using the Alexa voice command through a phone, speaker, or smart display. Such developments in smart stores will open new opportunities in the smart display 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 MEA smart display market at a good CAGR during the forecast period.
The MEA 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 the UAE, Saudi Arabia, South Africa, and the Rest of the MEA. The UAE 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 MEA smart display market.
Strategic insights for the Middle East & Africa 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.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 69.87 Million |
| Market Size by 2028 | US$ 316.83 Million |
| Global CAGR (2022 - 2028) | 28.7% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Size
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa 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.
The Middle East & Africa Smart Display Market is valued at US$ 69.87 Million in 2022, it is projected to reach US$ 316.83 Million by 2028.
As per our report Middle East & Africa Smart Display Market, the market size is valued at US$ 69.87 Million in 2022, projecting it to reach US$ 316.83 Million by 2028. This translates to a CAGR of approximately 28.7% during the forecast period.
The Middle East & Africa Smart Display Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Smart Display Market report:
The Middle East & Africa Smart Display Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Smart Display Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Smart Display Market value chain can benefit from the information contained in a comprehensive market report.
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