News

Display market set to reach $20 billion by 2024

March 15, 2018

The display market is expected to reach $20 billion by 2024, according to a report by Global Market Insights. The growth is being driven significantly by the adoption of touchscreens in retail.

More retailers are using touchscreen kiosks to allow customers to browse through products or checkout. Other findings in the report include:

• Growth of online and mobile payments is boosting the need for POS systems.
• 10-inch ATM display market is expected to grow rapidly.
• HD market is expected to witness fast growth
• South Korean market is expected to grow
• Lack of standardization of manufacturing will continue to challenge the industry.

You can download the report here.