France Smart Display Market by Display Technology (LCD, LED, E-Paper Display, and Other Display Technologies), by Type (Standalone Smart Displays, Integrated Smart Displays, Interactive Touchscreen Displays, Transparent Smart Displays, and Other Display Types), by Display Size (Below 24 Inch, 24 Inch to 55 Inch, and Above 55 Inch), by Resolution (UHD, FHD, HD, and Others) by Application (Smart Home, Digital Signage, Automotive, Healthcare, and Other Applications), and by Sales Channel (Direct Sales, Retailers & Distributors, and E-Commerce or Online Sales) – Opportunity Analysis and Industry Forecast, 2023–2030
Industry: Semiconductor & Electronics | Publish Date: 17-Nov-2023 | No of Pages: 81 | No. of Tables: 63 | No. of Figures: 26 | Format: PDF | Report Code : N/A
Market Definition
France Smart Display Market was valued at USD 385.02 million in 2022, and is predicted to reach USD 910.06 million by 2030, with a CAGR of 9.8% from 2023 to 2030. A smart display is a technologically advanced device equipped with a touchscreen or interactive visual interface, integrated with voice recognition and artificial intelligence capabilities.
These displays serve as information hubs that can perform a variety of functions, including displaying information, controlling smart home devices. It provides visual responses to voice commands, enabling video calls, and serving as interactive tools for tasks such as scheduling, weather updates, and entertainment.
Smart displays are designed to enhance convenience, accessibility, and user interactivity in various contexts, such as homes, offices, and public spaces. These displays are utilized in various settings, including residential homes, offices, healthcare facilities, retail, education, and more.
Driving Growth: Manufacturer Initiatives Powering Innovation in the European Smart Display Market
The growing efforts of manufacturers of smart displays in the European region are significantly contributing to the expansion and innovation within the smart display market. These endeavors encompass research and development, the introduction of advanced features, and the creation of partnerships to enhance the functionality and appeal of smart displays. The evolving demands of consumers, manufacturers are striving to offer smarter, more interactive, and energy-efficient smart displays, making them an integral part of the burgeoning smart home ecosystem in France.
As an example, in September 2023, Meta Platforms, Inc. and Essilor Luxottica, a prominent figure in the eyecare and eyewear industry, unveiled their latest iteration of smart glasses, the Ray-Ban Meta smart glasses. This new lineup presents an innovative leap in smart display technology, as it introduces eyewear with live streaming capabilities and incorporates Meta AI.
These smart glasses also feature an upgraded camera for enhanced image quality and boast improved audio and microphone systems. The accompanying app and charging case have been thoughtfully redesigned for a more user-friendly and intuitive experience. This development underscores the evolution and advancement of smart display technology within the context of wearable eyewear.
Smart Living Revolution: The Role of Smart Displays in Streamlining Connected Homes in France
The surge in the demand for smart home solutions in France is closely tied to the growing popularity of integrated, connected living spaces. As consumers embrace the concept of smart homes, there is a heightened desire for streamlined control over diverse home devices, ranging from thermostats and lighting to security systems and entertainment units.
Smart displays are emerging as a pivotal component, serving as a centralized hub for managing and monitoring these interconnected devices. This trend reflects a broader shift toward enhanced convenience and efficiency in domestic environments, where individuals seek intelligent and cohesive solutions that simplify daily tasks and contribute to an overall more connected and responsive living experience. Therefore, it is expected to boost the growth of the market.
Security Vulnerabilities in Smart Home Displays Restrain Market Growth
Security vulnerabilities in smart display technology represent a significant restraining factor for the smart display market. The potential for security breaches in smart displays poses a substantial risk to users. Insufficient security measures, such as weak passwords and inadequate encryption, could lead to the exposure of sensitive data. Therefore, it is imperative for manufacturers to prioritize robust security features within smart displays, including strong authentication methods and prompt vulnerability patching through regular updates.
Introduction of Laser-Based Display Technology
Laser-based display technology is presenting substantial opportunities within the smart display market. Its exceptional brightness, color accuracy, long-lasting durability, and energy efficiency position it as a prime choice for diverse applications, spanning from home theaters to outdoor signage and augmented reality experiences. The extended lifespan and reliability of laser-based displays result in reduced maintenance costs and align with sustainability objectives.
As this technology becomes increasingly accessible and cost-effective, it is instigating innovation in the realm of smart displays, particularly in sectors where top-tier visual quality and energy conservation are paramount, thus broadening the market's potential for expansion.
Competitive Landscape
The France smart display industry includes several market players such as Samsung Electronics, Qisda Corporation (BenQ), LG Corporation, Sharp Corporation, Lenovo Group Limited, Alps Alpine Co., Ltd, Sony Corporation, Google, LLC., Leyard Optoelectronic Co., and Amazon.com, Inc.
Key Benefits
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The France smart display market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
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The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
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The competitive analysis of the market players along with their market share in the France smart display market.
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The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
France Smart Display Market Key Segments
By Display Technology
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LCD
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LED
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E-Paper Displays
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Other Display Technologies
By Type
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Standalone Smart Displays
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Integrated Smart Displays
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Interactive Touchscreen Displays
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Transparent Smart Displays
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Other Display Types
By Display Size
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Below 24 inch
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24 inch to 55 inch
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Above 55 inch
By Resolution
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UHD
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FHD
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HD
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Others
By Sales Channel
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Direct Sales
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Retailers and Distributors
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E-Commerce Or Online Sales
By Application
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Smart Home
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Digital Signage
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Automotive
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Healthcare
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Other Applications
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Market Size in 2022 |
USD 385.02 Million |
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Revenue Forecast in 2030 |
USD 910.06 Million |
|
Growth Rate |
CAGR of 9.8% from 2023 to 2030 |
|
Analysis Period |
2022–2030 |
|
Base Year Considered |
2022 |
|
Forecast Period |
2023–2030 |
|
Market Size Estimation |
Million (USD) |
|
Growth Factors |
The surge in the demand for smart home solutions The growing efforts of manufacturers of smart displays. |
|
Companies Profiled |
10 |
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Market Share |
Available for 10 companies |
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Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |
KEY PLAYERS
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Samsung Electronics
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Qisda Corporation (BenQ)
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LG Corporation
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Sharp Corporation
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Lenovo Group Limited
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Alps Alpine Co., LTD
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Sony Corporation
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Google, LLC.
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Leyard Optoelectronic Co
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Amazon.com, Inc.
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