Report Code: A08850 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Vic Technology Market
Request Now !VIC technology is a big, multi-display visualization board. Control rooms, conference rooms, digital signage, and other challenging environments are common application areas for the technology. VIC technology has had a significant impact on the way information is transmitted in a wide range of event environments since its introduction decades ago. Such displays are far more durable than consumer-grade televisions that are typically produced for such extreme conditions to withstand. VIC technology is evolving in both developed and emerging nations; it has a comparatively lower processing time in emerging regions as this technology is available at higher prices in relation to the economy concerned.
COVID-19 scenario Analysis:
Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Growth is expected to fuel adoption rate of interactive displays at public transportation / transit spaces, including airports and railway stations. Interactive VIC technology offers interactive displays, particularly in comparison with conventional VIC technology. These deliver multiple displays, enhanced user engagement with the touchscreen, maximum image resolution and distribution of information in real time. A few of the key end users are commercial spaces including retail stores, healthcare facilities, restaurants and cafes, and museums.
The global VIC technology market trends are as follows:
Outdoor segment is expected to lead due to increase in number of advertisements
The outdoor segment may procure the highest share over the coming years. Various sectors, like transportation & logistics, entertainment, and others, are anticipated to increase demand to enhance growth in the market. Additionally, the increasing use of companies to attract potential customers through creative ads is expected to propel this segment that would further increase the demand for VIC technology. Outdoor VIC systems display commercial information and other related information.
VIC technology to be more accessible during the forecast period
Where the strategic areas of focus for key players is concerned, technological development and advances of new products will become the more critical field to concentrate on; instead of the current product developments.
Key benefits of the report:
Questions answered in theVIC technology market research report:
VIC technology Market Report Highlights
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Key Market Players | Toshiba Corporation, Leyard Optoelectronic Co., Ltd., LG Electronics, SAMSUNG, Cetech, Panasonic Corporation, Lighthouse Technologies Limited., NEC Display Solutions, Barco, View Sonic Corporation |
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