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Global Commercial Display Market Is Expected to Reach USD 75.36 billion by 2028 : Fior Markets

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Newark, NJ, May 09, 2022 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global commercial display market is expected to grow from USD 43.5 billion in 2020 and to reach USD 75.36 billion by 2028, growing at a CAGR of 7.11% during the forecast period 2021-2028.

The commercial display market is witnessing significant growth form the past years. Commercial display is a kind of graphic advertisement on social media, websites or applications or in public places, retail stores, hotels, restaurants, transportation systems, museums etc. through banners or other advertising formats made of text, images, video, audio, or flash. Hence it can be said that Commercial display enables online advertising that enables to deliver promotional messages, brand messages and many more. Generally the main intension of commercial display is to draw the attention of consumers, way findings, marketing, exhibitions and outdoor advertising and also to support brand awareness etc. Apart from advertising Commercial displays provides information, entertainment and merchandising to targeted audience.

The commercial organizations are increasingly preferring large sized and commercial grade displays for trade shows, tutorials, conferences and other applications. The manufacturers of commercial displays are integrating the technological advancements like Artificial Intelligence (AI) into their products so as to enable the adoption of commercial displays globally. Market players are increasingly investing in Research and Development (R&D) of new technologies such as transparent panels in accordance to the growing demand for advanced display technology. Commercial displays are utilized in various industries like retail, healthcare, entertainment, transportation, corporate, hospitality, banking, stadium & playgrounds and education.

The global commercial display market is expected to witness significant growth, owing to rapid urbanization, rising demand for display based medical equipment including ventilators and respirators which is a result of Covid pandemic, growing demand for interactive displays in various applications, growing production of UHD content by advertisers for various advertising applications, rising demand for customized digital signage solutions in various types of sectors like healthcare & transportation, Massive investments from manufacturers for the development of high end specification products with increased efficiency. Commercial displays integrated with advanced technologies such as machine learning, AI is anticipated to propel the growth of market. The factors restraining the market growth are software & hardware compatibility in digital signage which is followed by connectivity issues, negative impact in demand for displays from retail sector due to drastic shift towards online advertisement & shopping, hindrance in manufacturing processes and supply chain due to outbreak of Covid, high costs. Outbreak of Covid has an adverse impact upon the display sector owing to the temporary suspension and restriction imposed by the government on all the operational activities. Growing adoption of foldable & flexible displays, product innovations and product launches will provide market growth opportunities. The innovations such as customized digital signage in health care sector to keep staff updated, track patients etc. helps the market growth.

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Key players operating in global commercial display market include Samsung Electronics (South Korea), LG Corporation (South Korea), Sony Corporation (Japan), NEC Corporation (Japan), BOE Technology (China), Leyard Optoelectronic (China), INNOLUX (Taiwan), AU Optronics (Taiwan), Sharp Electronics Corporation (Japan), Panasonic Corporation (Japan), Koninklijke Philips N.V., CDW Corporation, Omnivex Corporation, Dell Technologies Inc., Cisco Systems, Inc., Benq Corp., E Ink Holdings Inc., Corning Incorporated, HannStar Display Corporation, Intuiface, Sharp NEC Display Solutions of America, Inc., Planar, Elo Touch Solutions, BEO Technology Group Co., Viewsonic, Kent Displays Inc.

  • Panasonic is planning to cease LCD production by 2021.
  • Key Television manufacturers such as LG Electronics, Sony are undergoing massive losses due to decline in demand for LCD panels.

Smartphone segment dominated the market and held the largest market share of 41.09% in the year 2020
On the basis of product, the global commercial display market is segmented into Smartphones, Television Sets, PC Monitors, Laptops, Tablets, Smart Wearables and Digital Signage. Smartphone segment dominated the market and held the largest market share of 41.09% in the year 2020. This growth is attributed to the increasing adoption of OLED & flexible displays by smartphone manufacturers. Next to smartphones, Wearables hold the largest market share owing to the adoption of AR/VR technologies.

LCD Technology segment dominated the market and held the largest market share of 31.18% in the year 2020

On the basis of display technology, the global commercial display market is segmented into LCD, Direct View LED, OLED, Micro LED and Others. LCD Technology segment dominated the market and held the largest market share of 31.18% in the year 2020. This growth is attributed to the multitudinous uses of LCD based products by corporate offices, banks, retails and many more, reduced manufacturing costs.

Hardware segment dominated the market and held the largest market share of 43.72% in the year 2020

On the basis of component, the global commercial display market is segmented into Hardware, Software and Services. Hardware segment dominated the market and held the largest market share of 43.72% in the year 2020. This growth is attributed to the increasing demand for hardware when compared to that of software. Software accounted for a considerable market share owing to the launch of new and advanced software for digital signage.

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Regional Segment of Commercial Display Market

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan India, Rest of APAC)
  • South America (Brazil and Rest of South America)
  • Middle East and Africa (UAE, South Africa, Rest of MEA)

On the basis of geography, the global commercial display market is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia- Pacific region holds the largest market share of 38.24% in the year 2020. This growth is ascertained by the Asia- Pacific region owing to speedy adoption of OLED Displays, growing number of display panel manufacturing plants, impact of Covid which resulted in the increase in demand for laptops & smartphones as the educational institutions adopt digital teaching methods, work from home etc. Many companies are attracted to establish new OLED & LCD panel manufacturing plants in Asia- Pacific due to the low manufacturing costs of display panel products as the cost of labour is low.

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About the report:
The global commercial display market is analyzed on the basis of value (USD billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insights of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitors’ position grid analysis.

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Customization of the Report:

The report can be customized as per client requirements. For further queries, you can contact us on [email protected] or +1-201-465-4211. Our executives will be pleased to understand your requirements and offer you the best-suited reports.

About Fior Markets

Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others. Our Strategic Intelligence capabilities are purposely planned to boost your business extension and elucidate the vigor of diverse industry. We hold distinguished units of highly expert analysts and consultants according to their respective domains. The global market research reports we provide involve both qualitative and quantitative analysis of current market scenario as per the geographical regions segregated and comprehensive performance in different regions with global approach. In addition, our syndicated research reports offer a packaged guide to keep companies abreast of the upcoming major restyle in their domains. Fior Markets facilitates clients with research analysis that are customized to their exact requirements, specifications and challenges, whether it is comprehensive desk research, survey work, composition of multiple methods, in-detailed interviewing or competitive intelligence. Our research experts are experienced in matching the exact personnel and methodology to your business need.

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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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