Interactive Flat Panel Market Insights, Demand, and Forecast to 2033

Global interactive flat panel market size is expected to reach $7.66 Bn by 2028 at a rate of 10.1%, segmented as by product, fitness equipment, software system

Jun 26, 2024 - 11:30

Overview and Scope

An interactive flat panel is a large display screen typically used in educational or corporate settings that combines the functionality of a whiteboard, projector, and touchscreen computer. It allows users to interact with digital content using touch gestures or stylus input, enabling collaborative learning and presentations. These panels often feature high-resolution displays, built-in speakers, and connectivity options for external devices, facilitating versatile multimedia presentations and engaging interactive experiences.

Sizing and Forecast

The interactive flat panel market size has grown rapidly in recent years. It will grow from $ 4.74 billion in 2023 to $5.21 billion in 2024 at a compound annual growth rate (CAGR) of 10%. The growth in the historic period can be attributed to technological advancements, consumer demand for high-quality displays, declining prices, emerging markets, regulatory standards, and environmental concerns.

The interactive flat panel market size is expected to see rapid growth in the next few years. It will grow to $7.66 billion in 2028 at a compound annual growth rate (CAGR) of 10.1%. The growth in the forecast period can be attributed to the emergence of new display technologies, demand for flexible and foldable displays, the rise of augmented reality (AR) and virtual reality (VR), integration of displays in smart devices and IoT, demand for energy-efficient displays. Major trends in the forecast period include continued growth in large-screen displays, convergence of display technologies, focus on sustainability and recyclability, personalization and customization, and rapid innovation cycles.

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Segmentation & Regional Insights

The interactive flat panel market covered in this report is segmented –

1) By Technology Type: Infrared (IR) Touch, Capacitive Touch, Electromagnetic Resonance (EMR)

2) By Screen Size: Small Screen, Medium Screen, Large Screen

3) By End-User Industry: Education, Corporate, Healthcare, Government And Public Sector, Retail And Hospitality, Other End-User Industries

North America was the largest region in the interactive flat panel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interactive flat panel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rise in digital learning is expected to propel the growth of the interactive flat panel market. Digital learning refers to the use of electronic technologies and digital media to facilitate learning, encompassing online courses, interactive educational software, and virtual classrooms, often enhancing accessibility and flexibility in education. The surge in digital learning is fueled by its accessibility, flexibility, and demand for remote education. Interactive flat panels facilitate dynamic digital learning experiences by enabling educators to seamlessly integrate multimedia content, interactive presentations, and collaborative activities into their teaching, enhancing student engagement, participation, and comprehension. For instance, in September 2021, according to the Coursera Impact Report by Coursera, a US-based open online course provider, the total number of registered learners in 2021 was 92 million compared to 71 million in 2020, and the total number of enrollments was 189 million compared to 143 million in 2020. Therefore, the rise in digital learning is driving the growth of the interactive flat panel market.

Key Industry Players

Major companies operating in the interactive flat panel market are Samsung Electronics Co. Ltd, AT&T Corporation, Sony Corporation, Panasonic Corporation, Toshiba Corporation, BOE Technology Group, Applied Materials Inc., NEC Corporation, Sharp Corporation, LG Display Co. Ltd., Koninklijke Philips N.V., ASUSTeK Computer Inc., Tokyo Electron Limited, TCL Display Technology Holdings Limited, AU Optronics Corporation, Innolux Corp, Japan Display Inc., Planar Systems Inc., BenQ Corporation, Densitron Technologies Plc., Hannstar Display Corporation, Emerging Display Technologies Corporation, Novaled AG, Crystal Display Systems Ltd, Smart Infovision

The interactive flat panel market report table of contents includes: