What are the Historical Developments and Current Growth Metrics of the Retail Touch Screen Display Market?
The retail touch screen display market has seen considerable growth due to a variety of factors.
• The retail touch screen display market has grown rapidly in recent years. It is forecasted to rise from $15.36 billion in 2024 to $17.2 billion in 2025, at a compound annual growth rate (CAGR) of 12.0%.
The growth is due to the greater adoption of digital signage in retail, the expanding retail industry, higher consumer demand for self-service options, and the increasing use of technology to enhance shopping experiences.
What Is The Projected Growth Of The Retail Touch Screen Display Template Market?
The retail touch screen display market is expected to maintain its strong growth trajectory in upcoming years.
• The retail touch screen display market is expected to grow to $26.65 billion by 2029 at a CAGR of 11.6%.
The growth is driven by the adoption of interactive shopping experiences, the demand for self-service kiosks, retail expansion, investment in smart retail solutions, and IoT integration. Key trends include advancements in retail technology, multi-touch technology adoption, haptic feedback systems, flexible display solutions, gesture recognition, and blockchain integration.
What Are The Key Drivers Fueling Growth In The Retail Touch Screen Display Market?
The retail touchscreen display market is poised to benefit from the rising trend of retail chain expansion. This is prompted by factors such as increasing urbanization and disposable incomes, which are influencing consumer preferences towards the convenience and assortment presented by retail chains. The use of retail touchscreen displays not only enhances consumer interaction but also streamlines operations and positively impacts brand image, all of which contribute to the growth and scalability of retail chains. In terms of proof, a report in January 2024 by the National Association of Convenience Stores, an international body representing US convenience and fuel retail agencies, showed that the total number of convenience stores grew to 152,396 in 2024, a surge from 150,174 in 2023. This constitutes a 1.5% increase in the number of stores. As a consequence, the growth of the retail touchscreen display market is being propelled by the retail chain expansion.
What Are The Principal Market Segments In The Global Retail Touch Screen Display Industry?
The retail touch screen display market covered in this report is segmented –
1) By Type: Resistive Touch Screen, Capacitive Touch Screen, Infrared Touch Screen, Other Types
2) By Technology: Liquid-Crystal Display (LCD), Light-Emitting Diode (LED), Organic Light-Emitting Diode (OLED), Other Technologies
3) By Application: Interactive Point of Purchase (IPOP), Retail Brand Experience (Table), Point Of Sale (POS) Equipment, Automated Teller Machine (ATM), Other Applications
Subsegments:
1) By Resistive Touch Screen: Single-Touch Resistive Screens, Multi-Touch Resistive Screens, Flexible Resistive Screens
2) By Capacitive Touch Screen: Projected Capacitive Touch Screens (PCAP), Surface Capacitive Touch Screens, Mutual Capacitive Touch Screens, Self-Capacitive Touch Screens
3) By Infrared Touch Screen: Matrix Infrared Touch Screens, Active Infrared Touch Screens
4) By Other Types: Optical Touch Screens, Acoustic Wave Touch Screens, Optical Imaging Touch Screens, Capacitive-Resistive Hybrid Touch Screens
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How Are New Trends Impacting The Size Of The Retail Touch Screen Display Market?
Leading retail touch screen display market firms such as MAXHUB are innovating by introducing products like AI-enabled interactive flat panels. These cutting-edge display screens offer artificial intelligence functions, enabling users to engage with digital content via touch, motions, or voice prompts. Notably, in May 2023, this Netherlands-based firm renowned for communication and audio-visual technology, debuted its AI-powered V6 Series of interactive flat panels. Ranging from 55 to 86 inches, this series comprises both classic and transcendent interactive flat panels. Employing artificial intelligence, they substantially enhance communication in both academic and corporate environments. The V6 series is tailored to accommodate different learning and collaboration requirements, offering a seamless screen-sharing experience, advanced whiteboard functionalities, and unparalleled audio-visual performance.
Who Are the Key Players In The Retail Touch Screen Display Market?
Major companies operating in the retail touch screen display market are:
• Samsung Electronics Co. Ltd.
• LG Corporation
• 3M Company
• Fujitsu Limited
• NEC Corporation
• Sharp Corporation
• Corning Incorporated
• AUO Corporation
• Innolux Corporation
• Hisense Group
• Advantech Co. Ltd.
• Synaptics Incorporated
• Planar Systems Inc.
• Posiflex Technology Inc.
• Elo Touch Solutions Inc.
• ViewSonic Corporation
• Flytech Technology Co. Ltd.
• AOPEN Inc.
• Avalue Technology Inc.
• Amongo Display Technology (Shenzhen) Co. Ltd.
• Displax SA
• Zytronic PLC
• IBASE Technology Inc.
• UICO LLC
• Waveshare Electronics Ltd.
What Are The Regional Insights Into The Retail Touch Screen Display Market?
North America was the largest region in the retail touch screen display market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail touch screen display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
