Interactive Tables Market Analysis Report By Technology, By Screen Size, By Application, By Region And Segment Forecasts From 2020 To 2027

Industry Insights

The global interactive tables market size was accounted for USD 904.4 million, in 2019. It is projected to ascend with a CAGR of 7.2% from 2020 to 2027. Factors such as rising digitalization in the education domain, manufacturer's focus on equipping tables with new technologies such as USB, Bluetooth, and MP3 players, and tables’ ability to operate efficiently with electric paint are expected to fuel the market growth. These tables are extensively preferred in educational institutions as they are capable of creating an entertaining environment helping students to focus more easily and effectively.

Growing demand for interactive tables in various educational institutions worldwide to make learning more interactive for students is predicted to boost the product demand in the upcoming years. Moreover, retailers focus on offering enhanced properties and making these tables easy to operate, thereby, expected to supplement the sales of the product over the estimated duration.

Shifting preference for interactive touch tables in the hospitality sector is predicted to augment the demand for the product over the forecast years. For the past many years, these products are used in various forms across various restaurants in developed economies. However, less investment in these products has created a trend across the hospitality industry.

New developments in interactive technologies including the launch of the interactive table, video walls, and kiosks from the past many years have started changing the trend. Also, digitalization in the education segment to provide interactive learning classes to students is bolstering the product demand. Further, interactive tables transform content into a more informative and entertaining format, thereby, fueling the demand for the product in the upcoming years.

Interactive tables are majorly developed for various uses in educational institutions. However, the rising demand from other sectors, they are also preferred in museums, medical & science fields, restaurants, and trade shows. Interactive tables are also best suited for improving corporate meetings also. They allow team members to communicate in an innovative method enabling better engagement.

Moreover, factors such as growing use of the internet, changing customers’ lifestyles, and increasing focus on gamification in the education sector are projected to bode well for the interactive tables market growth from 2020 to 2027. Gamification is regarded as an effective way of developing interactions in the class. Further, it allows the fusion of game mechanics and 3D characters into an effective curriculum to make learning more interactive and entertaining for students.

Technology Insights

Based on technology, the market is segregated into LCD, capacitive, LED, and others. The capacitive division held over 43% market share in 2019 owing to distance and touch sensing. These sensors allow various characteristics such as multi-touch and two-hand gestures in the interactive tables. Besides, these displays only accept fingers, which help in easy functioning, thereby, predicted to supplement the segment growth over the estimated duration

The LED category is anticipated to foresee rapid growth from 2020 to 2027. The development of LED equipment has helped in energy saving considerably. Moreover, LED products are extensively preferred as they use less energy, produce limited heat, and are cost-effective than capacitive tables. These factors are expected to boost the demand for LED tables in the coming years.

Application Insights

The education sector occupied over 27% market share in 2019. The application of interactive touch tables in educational institutions has resulted in creativity, enhanced learning, and increasing involvement in the class. The segment is projected to create good growth prospects for many companies in the market. For example, Promethean World Ltd, in 2019, introduced a new product range, the ActivPanel Elements in the U.S. These products provide an enhanced technology understanding to teachers helping them in increasing student involvement.

In the retail segment, these products permit customers to glance through the shop’s stock and verify the accessibility of stock as a particular location. These interactive tables also allow customers to unify items according to their wishes and later sent a mail for revising. These offerings assist customers in improving their convenience. Besides, these interactive tables are demanded in several other segments such as airports, control rooms, museums, and showrooms. In control rooms, interactive tables identify problems, offer quick solutions, and monitor the network.

Screen Size Insights

32 to 65-inch displays occupied the major share in the interactive tables market in 2019 and are projected to maintain their dominance over the estimated years. They are widely used in hospitality, trade shows, retail, and education. Further, these display sizes tables are also used in several restaurants as menu sheets to specify the waiting time, prices, and ingredients of the orders placed by the customer. Additionally, they can be easily transported from one location to another. Not like a video wall touch display tables, that can be unplugged and transported to another place conveniently.

65 inches & above size tables are expected to grow substantially from 2020 to 2027. Their several advantages such as 4K resolution, enhanced efficiency, and high quality are responsible for their growing preference. Furthermore, these large screens can be put in a collage form over a table.

Regional Insights

North America is predicted to occupy the largest share by 2027 owing to numerous restaurants using these interactive tables in the U.S. and Canada. Factors such as the availability of key service providers and rising preference for touch tables are anticipated to accelerate the demand for the product over the estimated duration. The U.S. is currently dominating the regional market. Extensive use of interactive tables in education, corporate, and government sectors in the U.S. are also predicted to bode well for the growth over the forecast period.

The Asia Pacific is also anticipated to foresee rapid growth in the coming years due to the presence of tech-savvy customers. There are also various technology companies providing touch tables in China, resulting in making the Asia Pacific a leading region. Europe is expected to witness considerable growth from 2019 to 2027 owing to an increasing preference for interactive tables in educational institutions.

Interactive Tables Market Share Insights

The key players of the market are IDEUM, Box Light Corporation, MMT GmbH & Co. KG., MARVEL TECHNOLOGY (CHINA) CO., LTD, eyefactive GmbH, DigaliX, HORIZON DISPLAY, TableConnect, LLC, Garamantis GmbH, and Intermedia Touch. The market players are emphasizing the launch of new products to maintain their dominance over the forecast period.

For example, IDEUM in 2018 introduced a brand new Pico Touch Coffee Table. This table was suitable for semi-public and public spaces. The product was embedded with a Wi-Fi, USB, audio jack, Bluetooth, and HDMI. It also has RFID LED and RFID reader, allowing customers to automate several tasks.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Million Insights has segmented the global interactive tables market report on the basis of technology, screen size, application, and region:

• Technology Outlook (Revenue, USD Million, 2016 - 2027)
    • LCD
    • LED
    • Capacitive
    • Others

• Screen Size Outlook (Revenue, USD Million, 2016 - 2027)
    • 32-65 Inch
    • 65 Inch & Above

• Application Outlook (Revenue, USD Million, 2016 - 2027)
    • Exhibition & Trade Shows
    • Education
    • Retail
    • Control Room
    • Hospitality
    • Transportation
    • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
        • France
    • the Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa