Introduction of the Collaboration Display market Report

Collaborative Display is a platform that allows numerous people to work collectively in a visual mode irrespective of their geographic locations. They are analogous to Whiteboards in Digital Form as it offers the use of both Analog and Digital tools in a prevalent platform, similar to Digital Whiteboards. The presence of a wider screen linked with the digital feature places a unique experience that is much more than traditional whiteboards.

To have an edge over the competition by knowing the market dynamics and current trends of “Collaboration Display market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Collaboration Display market growth include the surge in demand for collaboration displays in educational institutes and corporate offices, as well as an increase in remote and hybrid work models amid the novel Coronavirus outbreak. The increased digital revolution throughout the globe and the adoption of ever-changing technology is also a reason for the increased demand for collaboration displays in corporate offices, educational institutions, and government organizations. The global spread of COVID-19 has affected business operations all over the globe. At the same time, the remote working model has emerged as a key trend for companies worldwide. These displays provide a platform where people from different places can connect, share and discuss work. By using these displays, teams located all around the globe can collaborate on projects. Remote collaboration is a perfect solution to limitations imposed by distance. It facilitates collaboration from centralized locations, such as the headquarters of a company. Moreover, it is similar to video conferencing but with the added functionalities, such as simultaneous real-time annotation by multiple users to have brainstorming sessions, content sharing and discussion in real-time, as well as data offered by different types of sensors.

Impact of COVID-19 on Collaboration Display market

The world is facing an economic breakdown caused by the COVID-19 pandemic. It has severely affected various sectors such as education, government, corporate, etc. Manufacturing industries are hampered due to shutdowns and the unavailability of labor and raw materials. The outbreak of the novel Coronavirus led to the total or partial shutdown of companies, businesses and institutes all over the globe. Moreover, most of the industries globally observed interruption in supply chain and logistics services. The limited consumer and corporate spending, along with lockdown measures supplemented by supply chain disruption, affected the growth of the collaboration display market.  Additionally, consumers also stopped focusing on these markets and were diverted to other important parameters such as health, work-from-home facilities, the well-being of employees, etc. All these factors were responsible for pulling back the demand for collaboration display in the first half of 2020.

Restraint in the Collaboration Display market

However, the high cost of these displays is one of the major restraining factors for the growth of the Collaboration Display Market. In addition to the product cost, costs of accessories, connecting devices, and installation are also involved, which makes it difficult for small institutions and schools to install it, thereby hindering the market growth.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

End-Users – Segment Analysis

Based on the End-Users, Corporate Offices is expected to grow at a higher CAGR during the forecast period. These displays provide a tool to enhance understanding, collaborate, and increase productivity through effective presentations and meetings in the corporate sector. The use of collaboration displays in this segment has risen over the recent years, as it helps to improve productivity, share real-time content, and coordinate on a global scale. Companies like Sharp, ViewSonic, Microsoft, Cisco, and Smart Technologies are working on developing more advanced collaboration displays by adding more efficient features and technologies. For instance, Sharp recently originated a new series of displays for the corporate sector, the Aquous Board series that comes with the Sharp pen software, multi-purpose applications, etc.

Screen Size – Segment Analysis

Based on the Screen Size, the Above 65 inch segment is expected to grow at a higher CAGR during the forecast period. These displays are primarily used in the corporate, government, and education sectors. In the corporate sector, it is used in large meeting halls and conference rooms. They come with numerous features such as approximately 40 multi-touch points that allow 40 users to coordinate simultaneously at the same time. They also offer collaboration tools and software that allow users to connect across the globe in real-time and share real-time content. The main focus of these displays is to bring people together and help them connect with each other easily.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, the Asia-Pacific region is projected to dominate the market during the forecast period. This can be attributed owing to the rapidly changing face of industries from a product-centric to a customer-centric approach due to rising competition and changing customer behavior in high-potential markets such as China, Japan, South Korea, and Australia. The advancements in technological fields and the emergence of new business models in the region are influencing the growth of the market considerably. The propelling corporate and education sectors would further fuel the adoption of collaboration displays in Asia-Pacific. APAC, being one of the fastest-growing markets for technology and digital products, provides tremendous growth opportunities for companies offering collaboration displays; as a result, many of them are expanding their footprint in this region. China, South Korea, and Japan are among the key digital hubs in Asia-Pacific that occupy the maximum collaboration display market share of the region.

Top Market Players

Various notable players operating in the market include Sharp Corporation, ViewSonic Corporation., Cisco Systems, Inc., Microsoft, SMART Technologies ULC, Google LLC, LG Electronics., SAMSUNG, Avocor limited, IBV Solutions., among others. 

Key Developments:

• • In 2021, SMART Technologies ULC announces a new software SMART Learning Suit Software, to aid teachers in navigating the reality of hybrid teaching. It is a new teacher-driven enhancement software and consists of a library of ready-made activities and lessons.
  • In 2020, Cisco Systems, Inc. acquired Dashbase, which will provide customers broader support and more unique data support through the cloud. With its event log and analytics technology, Cisco can upgrade its products with the latest features.
  • In 2020, ViewSonic Corporation. collaborates with Microsoft for the ViewBoard IFP70 series. It has been certified by Microsoft Windows Collaboration Display certification. The interactive technology will help people once they return to offices by delivering next-generation collaboration displays to communicate easily.

Segments covered in the Report:

The global Collaboration Display market has been segmented on the basis of Offering, End-Users, Screen Size, Resolution, Application and regions. Based on Offering, the market is segmented into Hardware and Software & Services. Based on End-Users, the market is segmented into Corporate Offices, Educational Institutions, Government Organizations and Other. Based on Screen Size, the market is segmented into Up to 65 Inches and Above 65 Inches. Based on Resolution, the market is segmented into 4K/UHD and 1080p. Based on Application, the market is segmented into Large Meeting Rooms, Huddle Rooms, Classrooms, Open Layouts, Offices and Other. 

For detailed scope of the “Collaboration Display market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Collaboration Display market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Collaboration Display market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Collaboration Display market?
  • Which Offering generated maximum revenues in 2019 and identify the most promising Offering during the forecast period?
  • What are the various End-Users areas of global Collaboration Display market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Offering, By End-Users, By Screen Size, By Resolution, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Sharp Corporation, ViewSonic Corporation., Cisco Systems, Inc., Microsoft, SMART Technologies ULC, Google LLC, LG Electronics., SAMSUNG, Avocor limited, IBV Solutions., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Collaboration Display market by Offering

• • Hardware
  • Software & Services

Global Collaboration Display market by End-Users

• • Corporate Offices
  • Educational Institutions
  • Government Organizations
  • Other

Global Collaboration Display market by Screen Size

• • Up to 65 Inches
  • Above 65 Inches

Global Collaboration Display market by Resolution

• • 4K/UHD
  • 1080p

Global Collaboration Display market by Application

• • Large Meeting Rooms
  • Huddle Rooms
  • Classrooms
  • Open Layouts
  • Offices
  • Other

Global Collaboration Display market by Region

• • North America Collaboration Display market (Option 1: As a part of the free 25% customization)
    • North America Collaboration Display market by Offering
    • North America Collaboration Display market by End-Users
    • North America Collaboration Display market by Screen Size
    • North America Collaboration Display market by Resolution
    • North America Collaboration Display market by Application
    • US Collaboration Display market All-Up
    • Canada Collaboration Display market All-Up
  • Europe Collaboration Display market (Option 2: As a part of the free 25% customization)
    • Europe Collaboration Display market by Offering
    • Europe Collaboration Display market by End-Users
    • Europe Collaboration Display market by Screen Size
    • Europe Collaboration Display market by Resolution
    • Europe Collaboration Display market by Application
    • UK Collaboration Display market All-Up
    • Germany Collaboration Display market All-Up
    • France Collaboration Display market All-Up
    • Spain Collaboration Display market All-Up
    • Rest of Europe Collaboration Display market All-Up
  • Asia-Pacific Collaboration Display market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Collaboration Display market by Offering
    • Asia-Pacific Collaboration Display market by End-Users
    • Asia-Pacific Collaboration Display market by Screen Size
    • Asia-Pacific Collaboration Display market by Resolution
    • Asia-Pacific Collaboration Display market by Application
    • China Collaboration Display market All-Up
    • India Collaboration Display market All-Up
    • Japan Collaboration Display market All-Up
    • Rest of APAC Collaboration Display market All-Up
  • RoW Collaboration Display market (Option 4: As a part of the free 25% customization)
    • RoW Collaboration Display market by Offering
    • RoW Collaboration Display market by End-Users
    • RoW Collaboration Display market by Screen Size
    • RoW Collaboration Display market by Resolution
    • RoW Collaboration Display market by Application
    • Brazil Collaboration Display market All-Up
    • South Africa Collaboration Display market All-Up
    • Saudi Arabia Collaboration Display market All-Up
    • UAE Collaboration Display market All-Up
    • Rest of world (remaining countries of the LAMEA region) Collaboration Display market All-Up

Major Players Operating in the Collaboration Display Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Sharp Corporation
  • ViewSonic Corporation.
  • Cisco Systems, Inc.
  • Microsoft
  • SMART Technologies ULC
  • Google LLC
  • LG Electronics.
  • SAMSUNG
  • Avocor limited
  • IBV Solutions.