A new report by Digitimes Research predicts an increase in demand for large public display and digital marketing products in the next few years.
Shipments of 32″ and above public displays are expected to reach seven million by the year 2021, a CAGR of 12%. Between four and five million of those are predicted to be business-to-business sales.
This proposed growth has been attributed to the rise in popularity and prevalence of digital interactive retail solutions and government initiatives to establish “smart cities”.
The company said that panel-makers are expected to increase their capacity for large public displays in anticipation of this market growth.