Display Technology

Smart display market to reach $6.1B by 2025

January 4, 2021

The global display market is expected to grow from $1.1 billion in 2020 to $6.1B in 2025. It will also grow at a compound annual growth rate of 41% during the forecast period, according to a report by ResearchandMarkets.com

Factors impacting the market include:

• Increasing adoption of smart devices.
• Demand for smart mirrors in automotive industry.
• High risk of theft and customer data concerns are holding back the market.
• Demand for context-aware digital signage and smart signage in retail.

North America is the dominant market in the smart display sector and is expected to grow significantly during the forecasted period.