Display Market Trends, Analysis & Forecast,2024

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Display Market Size will witness a rapid growth
to 2024
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Key Insights Display Market

• The global display market is expected to grow
  rapidly over the forecast time span owing to
  technological advancements in touchscreen
  technology such as surface acoustic wave
  technology. Further, the reducing cost of
  components, such as controllers, touch sensors,
  and software drivers, is encouraging the end
  users including retailers to adopt advanced
  systems, boosting the industry growth.
• Reducing the number of ATM deployments in
  countries including the U.S., the UK, and Germany
  is expected to challenge the display market
  growth. The high cost of ATM systems and
  increasing number of ATM frauds are compelling
  banks and financial services to reduce the number
  of ATMs. Furthermore, increasing online and
  mobile payments are reducing the ATM usage
  considerably. However, the increasing usage of
  POS and kiosk systems is expected to reverse the
  impact of reducing ATMs on the overall display
  market.

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Continued

• POS systems will propel the display market
  growth. The deployment of smart and
  next-generation ATMs is increasing owing to their
  ability to reduce the number of bank branches and
  perform on-the-go banking by providing services
  such as money transfer, cash deposit, and check
  clearance. The deployment of smart ATMs is
  encouraging the manufacturers to develop advanced
  displays, escalating the industry demand.
• Moreover, rising shipments of POS systems are
  offering growth opportunities to the companies
  operating in the display market. POS terminals
  market shipments were over 30 million units in
  2016. POS display manufacturers are increasingly
  focusing on offering advanced units for
  instance, interactive POS displays, where they
  are equipped with sensors to detect individuals
  in proximity, etc. Some retailers have also
  combined digital POS displays with mobile client
  applications to bring an enhanced personalization
  to the customers shopping journey.

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Market research reports Key analytical components

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Major Companies Display Market

• NCR Corporation
• Fujitsu Limited
• Epson America Inc.
• Fametech Inc.
• Displax SA
• Diebold Nixdorf Inc.
• Ingenico Group

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Regional Insights Display Market

• Increasing need to replace the existing old
  machines in countries including India and China
  in the Asia Pacific region is boosting the ATM
  display market growth in the region. However,
  initiatives such as digitization and
  demonetization have encouraged the screen
  manufacturers to shift their focus on POS and
  kiosk components. Service providers, such as
  restaurants, are increasing the use of kiosks and
  POS terminals to improve operational efficiency
  and minimize the risks pertaining to handling
  cash. The implementation of these systems has
  allowed these users to reduce errors due to human
  intervention and improves the profitability.
• The Germany display market is expected to grow
  steadily owing to the steady growth of mobile
  payments industry. The steady growth is
  characterized by the inclination of people in the
  region toward making payments through cash and
  prefer to pay through notes over POS.

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