Introduction of Contactless Payment Technology Will Enhance the Global Interactive Display Market Through 2019: Technavio

Technavio has published a new report on the global interactive display market, which is expected to grow at a CAGR of close to 15% from 2015-2019.

About the Report

According to the latest report by Technavio, the strong growth in retail and education sector is fueling the growth of the global interactive display market, with the retail sector accounting for 29.09% share by volume in 2014. This can be attributed to the increased use of interactive displays in kiosks at retail outlets.

“The increasing use of interactive whiteboards and interactive projectors in educational institutions and the corporate sector will drive the growth of the global interactive display market in the forecast period,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the introduction of contactless payment technology, such as radio-frequency identification (RFID) and near-field communication (NFC) in cellphones.

“The advent of contactless payment technology has paved the way for customers to interact with kiosks on their mobile devices, especially in the retail, entertainment, travel, and healthcare sectors,” elaborates Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the global interactive display market from 2015-2019. To calculate the market size, the report takes into account the revenue generated from the sales of interactive displays and also their unit shipments during the forecast period.

Key Information Covered in the Report:

  • Key Vendors:
    • NEC Display Solutions
    • Panasonic
    • Planar Systems
    • Sharp
    • Smart Technologies
  • Market Growth Drivers:
    • Strong growth in retail and education sector
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends: