Smart Display Market to Grow at a CAGR of 11.5% During the Forecast Period 2020-2025
Posted on Jun 26 2020 5:52 PM "Increasing Demand for Smart Display Mirrors in the Automotive Industry is Driving the Global Smart Display Market. " Smart Display Market size was valued at $6.5 billion in 2019, and it is estimated to grow at a CAGR of 11.5% during 2020-2025. The growth is mainly attributed to the increasing adoption of smart signage displays in automotive and consumer electronic industries is poised to drive the smart display industry. Growing demand of remote devices and integration of smart displays in them set to provide opportunities to smart display market during forecast period. Vehicle Type - Segment Analysis Light Duty Vehicle held the major market share of 52.91% in 2019 owing to the rapid increase in the adoption of safety and comfort systems in passenger cars which set to drive the smart display market in this sector. Additionally increasing investments of production of electric cars, autonomous vehicles with advancements in technology have fu...