Global interactive tables sales were valued at USD 904.4 millions in 2019. They are expected to grow at 7.2% CAGR over the forecast period. Due to the growing digitalization of education, the market will experience significant growth over the next few years. Interactive tables allow students to learn basic concepts through familiar characters while also focusing on their social and emotional development.
Interactive tables make collaborative learning easier. The market has seen a rise in demand from educational institutions around the world for this interface. Retailers place emphasis on making the products easier to use and providing better features, which in turn helps boost sales.
In the next few years, interactive tables will be in high demand due to their rapid adoption within the hospitality industry. These products are not a new idea. Although it has been used in many forms in developed countries over the years, interactive restaurants are still seen as a trend rather than a viable business opportunity.
The trend has begun to shift over the last few years as more innovation has been made in interactive technologies such as interactive tables, interactive kiosks and video walls. Digitalization in education also increases engagement and improves learning retention. Interactive touch tables also make educational content more engaging and informative, which will increase product demand over the forecast period.
Interactive tables were originally designed for schools and higher education institutions. Interactive tables have seen a tremendous increase in popularity as a result of the increasing demand from other verticals. These tables are used in museums, restaurants, trade shows, exhibitions, science and medical fields, as well. Interactive tables are a great option to enhance the corporate meeting for clients and employees. These tables allow guests and team members to interact in a new manner, resulting in better engagement.
Interactive tables have also been positively affected by factors like the rise of internet penetration and changes in consumer lifestyles. The product demand has also increased due to the increasing emphasis on gamification within the education system. Gamification can be used to improve cognitive skills and encourage interaction between students in class. It allows students to integrate 3D characters and game mechanics in their learning experience.
Technology is divided into Liquid Crystal Displays (LCD), Light Emitting Diodes (LED), capacitive and other. In 2019, the capacitive segment held more than 43% of the market share. This can be attributed to touch and distance sensing which is made possible by touch and distant sensors. These sensors allow for gesture-based features such as multi-touch gestures and two-hand gestures in interactive touch tables. The capacitive display registers only fingers which allows for smooth functioning without interruptions, which contributes to the significant growth of this segment.
In the forecast period, the LED segment will experience the most rapid growth. The integration of LED technology has resulted in significant energy savings. LED-based interactive touch table technology is a great option for companies looking to reduce their energy consumption. These products are also more popular than capacitive interactive table because they use less power and produce less heat. Customers are switching from capacitive interactive tables to LED-based interactive ones.
Education applications accounted for more than 27% of the total market share in 2019. Interactive tables have been adopted in education to promote active participation, learning and creativity. Interactive tables market players are expected to see growth opportunities in the education sector. Promethean World Ltd, for instance, announced in July 2019 that it had launched its new product line, the ActivPanel Elements series, in the U.S. This series was created to provide a more intuitive technology experience for teachers using it to increase student engagement.
Customers can view the stock of a retail store and see if there is inventory available at a particular location. Customers can also organize items on these tables and e-mail them to themselves for review. Customers can also benefit from these tables to enhance their experience and make it more efficient. These tables can also be used in control rooms, showrooms and museums as well as airports. These tables are used in control rooms to monitor networks and identify potential problems. They also drive to quick solutions.
The largest market share was held by interactive tables measuring 32-65 inches in 2019. They are expected to continue to hold that position during the forecast period. These tables are used mainly in trade shows, exhibitions, education and retail. These touch tables can be used in restaurants to display prices, ingredients and wait times for orders. They are also portable so they can be moved from one location to the next. These tables are much more portable than a touch screen video wall display and can be unplugged easily and moved to another place without any fuss.
Over the forecast period, interactive tables with 65-inch screens or larger are expected to see significant growth. These tables have many benefits such as increased efficiency, clear images, and 4K UHD resolution touchscreens. These interactive screens can also be used as a collage to display on a table.
North America will be the market leader by 2027. This is due to the large number of interactive technology-based restaurants in Canada and the United States. The strong presence of touch tablet solution providers and the high adoption of touch tables applications are key factors that contribute to product demand. The U.S. is the dominant market for interactive displays in North America at the moment. The market growth is also being positively impacted by the widespread adoption of interactive touch tables within the education, government and corporate sectors in the United States.
Due to its strong tech-savvy population, the Asia Pacific will see lucrative growth over the next few years. Many technology companies offer touch tables in China. This makes the Asia Pacific an active market participant. Europe is expected to experience significant growth over the forecast period due to the increasing deployment of these tables at educational institutions.
Box Light Corporation and DigaliX are some of the most prominent players in this market. KG. and TableConnect. The focus of interactive table providers is on product development which would in turn help them increase their market presence.
In October 2018, IDEUM introduced a Pico Touch Coffee Table. This product is intended for public and semi-public areas. It features an audio jack and Wi-Fi, Bluetooth 5.0, HDMI, Bluetooth 2.0, Bluetooth 5.0, Bluetooth 5.0, as well as USB. It also has an RFID reader built in and an RFID software utility that allows consumers to automate various system tasks.
This report forecasts revenue growth at all levels, including country, regional and global. It also provides analysis of industry trends and potential opportunities for each sub-segment from 2016 to 2027. Grand View Research has divided the global interactive table market report on the basis technology, screen size and application.
Technology Outlook (Revenue USD Million, 2016-2027)
LCD
LED
Capacitive
Other
Screen Size Outlook (Revenue USD Million, 2016-2027)
32-65 Inch
65 Inch and Above
App Outlook (Revenue USD Million, 2016-2027)
Exhibitions & Trade Shows
Education
Retail
Control Room
Hospitality
Transport
Other
Regional Outlook (Revenue USD Million, 2016-2027)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Middle East & Africa
b. Global interactive tables market was valued at USD 904.4 Million in 2019, and is forecast to grow to USD 927.4 Million in 2020.
What is the market growth for interactive tables?b. Global interactive tables market will grow at 7.2% compound annual growth rate from 2019 to 2027, reaching USD 1,511.7 millions by 2027.
Which segment had the largest market share for interactive tables?b. With a 38.1% share in 2019, North America was the dominant market for interactive tables. This can be attributed to the high adoption of interactive technologies in restaurants and the greater use of touch-table applications in the region.
What are the main players in the interactive table market?b. b. KG. and TableConnect.
What are the driving factors for the market for interactive tables?b. Market growth is being driven by key factors such as increasing digitization in education, increased adoption of interactive tables within the hospitality sector, and a growing emphasis on gamification within the education system.
Up Market Research published a new report titled “Interactive Tables Market research report which is segmented by Technology (LED, Capacitive, LCD), by Screen Size (65 Inch & Above, 32-65 Inch), By Players/Companies LCD, Technology Outlook (Revenue USD Million 2016 - 2027)LCDLEDCapacitiveOthers, Others, Capacitive, LED”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Interactive Tables Market Research Report |
By Technology | LED, Capacitive, LCD |
By Screen Size | 65 Inch & Above, 32-65 Inch |
By Companies | LCD, Technology Outlook (Revenue USD Million 2016 - 2027)LCDLEDCapacitiveOthers, Others, Capacitive, LED |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 208 |
Number of Tables & Figures | 146 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Technology (LED, Capacitive, LCD), by Screen Size (65 Inch & Above, 32-65 Inch).
Interactive Tables Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Interactive Tables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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