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Commercial touch display market slated for 8.6% CAGR through 2029

February 26, 2024

The commercial touch display market is projected to grow from $5.8 billion in 2024 to $8.7 billion by 2029, growing at a compound annual growth rate of 8.6% from 2024 to 2029 according to a report by MarketsandMarkets.

The market is driven by a convergence of factors, including a rising appetite for interactive experiences across industries, ongoing digital transformation initiatives in sectors like retail, healthcare, education and hospitality, and continuous technological advancements such as improved touch sensitivity and higher resolutions, according to a press release on the report.

Lowering costs, and making touch displays more accessible, have also expanded their adoption, while the trend towards larger display sizes for applications like digital signage and collaborative workspaces further propels market growth.

Moreover, the heightened emphasis on health and safety considerations has fueled demand, prompting innovations in touch display technology to address hygiene and touchless interactivity.

Medical displays are projected to achieve the highest growth rate in the commercial touch display industry. The increasing adoption of digital healthcare solutions and the transition towards more advanced medical imaging technologies are propelling the demand for high-resolution, interactive touch displays in medical settings.

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