Market Definition
Mexico Smart Display Market was valued at USD 462.88 million in 2022, and is predicted to reach USD 2511.3 million by 2030, with a CAGR of 21.8% from 2023 to 2030. A smart display is a technologically advanced device equipped with a touchscreen or interactive visual interface, integrated with voice recognition and artificial intelligence capabilities.
These displays serve as information hubs that can perform a variety of functions, including displaying information, controlling smart home devices. It provides visual responses to voice commands, enabling video calls, and serving as interactive tools for tasks such as scheduling, weather updates, and entertainment.
Smart displays are designed to enhance convenience, accessibility, and user interactivity in various contexts, such as homes, offices, and public spaces. These displays are utilized in various settings, including residential homes, offices, healthcare facilities, retail, education, and more.
Driving Growth: Mexico's Automotive Industry Fuels Smart Display Market Surge
The smart display market is experiencing substantial growth, propelled significantly by the automotive industry in Mexico. The integration of smart displays into modern vehicles is becoming more prevalent, seamlessly incorporated into dashboards, infotainment systems, and instrument clusters.
Smart displays fulfill a variety of functions, encompassing navigation, entertainment, vehicle diagnostics, and the delivery of information pertaining to advanced driver assistance systems (ADAS). The increasing consumer desire for more interactive and information-laden displays in vehicles has spurred noteworthy technological progress and a surge in production within the smart display sector.
As the automotive sector in Mexico enthusiastically adopts these smart displays, it not only fuels innovation but also propels the market's expansion, ultimately delivering a more interconnected and convenient driving experience.
Notably, according to the International Trade Administration, Mexico ranks as the world's seventh-largest producer of passenger vehicles, manufacturing around three million vehicles annually. A substantial portion of these vehicles, approximately 90 percent, is earmarked for export, with 76 percent being shipped to the United States.
Digital Shopfront Revolution: E-commerce's Impact on Smart Display Surge in Mexico
The expansion of e-commerce platforms in Mexico has significantly influenced the accessibility and widespread adoption of smart display technologies. With the increasing availability of these devices through online channels, consumers now have convenient access to a diverse range of smart displays at their fingertips.
E-commerce platforms provide a user-friendly and efficient means for individuals to explore, compare, and purchase smart displays, thereby accelerating the dissemination of these technologies across the country. This digital marketplace not only enhances consumer choice but also facilitates a seamless shopping experience, contributing to the overall growth and integration of smart displays in the Mexican market.
Security Vulnerabilities in Smart Home Displays Restrain Market Growth
Security vulnerabilities in smart display technology represent a significant restraining factor for the smart display market. The potential for security breaches in smart displays poses a substantial risk to users. Insufficient security measures, such as weak passwords and inadequate encryption, could lead to the exposure of sensitive data. Therefore, it is imperative for manufacturers to prioritize robust security features within smart displays, including strong authentication methods and prompt vulnerability patching through regular updates.
Introduction of Laser-Based Display Technology
Laser-based display technology is presenting substantial opportunities within the smart display market. Its exceptional brightness, color accuracy, long-lasting durability, and energy efficiency position it as a prime choice for diverse applications, spanning from home theaters to outdoor signage and augmented reality experiences. The extended lifespan and reliability of laser-based displays result in reduced maintenance costs and align with sustainability objectives.
As this technology becomes increasingly accessible and cost-effective, it is instigating innovation in the realm of smart displays, particularly in sectors where top-tier visual quality and energy conservation are paramount, thus broadening the market's potential for expansion.
Competitive Landscape
The Mexico smart display industry includes several market players such as Samsung Electronics, Qisda Corporation (BenQ), LG Corporation, Sharp Corporation, Lenovo Group Limited, Alps Alpine Co., Ltd, Sony Corporation, Google, LLC., Leyard Optoelectronic Co., and Amazon.com, Inc.
Key Benifits
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The Mexico smart display market report provides a quantitative analysis of the current market and estimations through 2023-2030 that assists in identifying the prevailing market opportunities to capitalize on.
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The study comprises a deep dive analysis of the market trend including the current and future trends for depicting the prevalent investment pockets in the market.
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The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.
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The competitive analysis of the market players along with their market share in the Mexico smart display market.
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The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
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Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Mexico Smart Display Market Key Segments
By Display Technology
By Type
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Standalone Smart Displays
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Integrated Smart Displays
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Interactive Touchscreen Displays
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Transparent Smart Displays
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Other Display Types
By Display Size
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Below 24 inch
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24 inch to 55 inch
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Above 55 inch
By Resolution
By Sales Channel
By Application
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Smart Home
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Digital Signage
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Automotive
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Healthcare
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Other Applications
REPORT SCOPE AND SEGMENTATION:
Parameters
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Details
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Market Size in 2022
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USD 462.88 Million
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Revenue Forecast in 2030
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USD 2511.3 Million
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Growth Rate
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CAGR of 21.8% from 2023 to 2030
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Analysis Period
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2022–2030
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Base Year Considered
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2022
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Forecast Period
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2023–2030
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Market Size Estimation
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Million (USD)
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Growth Factors
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Expansion of e-commerce platforms
The burgeoning automotive industry.
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Companies Profiled
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10
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Market Share
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Available for 10 companies
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Customization Scope
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Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
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Pricing and Purchase Options
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Avail customized purchase options to meet your exact research needs.
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Test
1 INTRODUCTION
1.1 REPORT DESCRIPTION
1.2 RESEARCH METHODOLOGY
1.2.1 SECONDARY RESEARCH
1.2.2 DATA ANALYSIS FRAMEWORK
1.2.3 MARKET SIZE ESTIMATION
1.2.4 FORECASTING
1.2.5 PRIMARY RESEARCH AND DATA VALIDATION
2 MEXICO SMART DISPLAY MARKET BY DISPLAY TECHNOLOGY
2.1 OVERVIEW
2.2 LCD MARKET
2.3 LED MARKET
2.4 E-PAPER DISPLAYS MARKET
2.5 OTHER DISPLAY TECHNOLOGIES MARKET
3 MEXICO SMART DISPLAY MARKET BY TYPE
3.1 OVERVIEW
3.2 STANDALONE SMART DISPLAYS MARKET
3.3 INTEGRATED SMART DISPLAYS MARKET
3.4 INTERACTIVE TOUCHSCREEN DISPLAYS MARKET
3.5 TRANSPARENT SMART DISPLAYS MARKET
3.6 OTHER DISPLAY TYPES MARKET
4 MEXICO SMART DISPLAY MARKET BY DISPLAY SIZE
4.1 OVERVIEW
4.2 BELOW 24 INCH MARKET
4.3 24 INCH TO 55 INCH MARKET
4.4 ABOVE 55 INCH MARKET
5 MEXICO SMART DISPLAY MARKET BY RESOLUTION
5.1 OVERVIEW
5.2 UHD MARKET
5.3 FHD MARKET
5.4 HD MARKET
5.5 OTHERS MARKET
6 MEXICO SMART DISPLAY MARKET BY SALES CHANNEL
6.1 OVERVIEW
6.2 DIRECT SALES MARKET
6.3 RETAILERS AND DISTRIBUTORS MARKET
6.4 E-COMMERCE OR ONLINE SALES MARKET
7 MEXICO SMART DISPLAY MARKET BY APPLICATION
7.1 OVERVIEW
7.2 SMART HOME MARKET
7.3 DIGITAL SIGNAGE MARKET
7.4 AUTOMOTIVE MARKET
7.5 HEALTHCARE MARKET
7.6 OTHER APPLICATIONS MARKET
8 COMPANY PROFILES
8.1 SAMSUNG ELECTRONICS
8.1.1 COMPANY OVERVIEW
8.1.2 COMPANY SNAPSHOT
8.1.3 OPERATING BUSINESS SEGMENTS
8.1.4 PRODUCT PORTFOLIO
8.1.5 BUSINESS PERFORMANCE
8.1.6 BUSINESS SEGMENTS
8.1.7 GEOGRAPHIC SEGMENTS
8.1.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.1.9 PRIMARY MARKET COMPETITORS
8.2 QISDA CORPORATION (BENQ)
8.2.1 COMPANY OVERVIEW
8.2.2 COMPANY SNAPSHOT
8.2.3 OPERATING BUSINESS SEGMENTS
8.2.4 PRODUCT PORTFOLIO
8.2.5 BUSINESS PERFORMANCE
8.2.6 BUSINESS SEGMENTS
8.2.7 GEOGRAPHIC SEGMENTS
8.2.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.2.9 PRIMARY MARKET COMPETITORS
8.3 LG CORPORATION
8.3.1 COMPANY OVERVIEW
8.3.2 COMPANY SNAPSHOT
8.3.3 OPERATING BUSINESS SEGMENTS
8.3.4 PRODUCT PORTFOLIO
8.3.5 BUSINESS PERFORMANCE
8.3.6 BUSINESS SEGMENTS
8.3.7 GEOGRAPHIC SEGMENTS
8.3.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.3.9 PRIMARY MARKET COMPETITORS
8.4 SHARP CORPORATION
8.4.1 COMPANY OVERVIEW
8.4.2 COMPANY SNAPSHOT
8.4.3 OPERATING BUSINESS SEGMENTS
8.4.4 PRODUCT PORTFOLIO
8.4.5 BUSINESS PERFORMANCE
8.4.6 BUSINESS SEGMENTS
8.4.7 GEOGRAPHIC SEGMENTS
8.4.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.4.9 PRIMARY MARKET COMPETITORS
8.5 LENOVO GROUP LIMITED
8.5.1 COMPANY OVERVIEW
8.5.2 COMPANY SNAPSHOT
8.5.3 OPERATING BUSINESS SEGMENTS
8.5.4 PRODUCT PORTFOLIO
8.5.5 BUSINESS PERFORMANCE
8.5.6 BUSINESS SEGMENTS
8.5.7 GEOGRAPHIC SEGMENTS
8.5.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.5.9 PRIMARY MARKET COMPETITORS
8.6 ALPS ALPINE CO., LTD
8.6.1 COMPANY OVERVIEW
8.6.2 COMPANY SNAPSHOT
8.6.3 OPERATING BUSINESS SEGMENTS
8.6.4 PRODUCT PORTFOLIO
8.6.5 BUSINESS PERFORMANCE
8.6.6 BUSINESS SEGMENTS
8.6.7 GEOGRAPHIC SEGMENTS
8.6.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.6.9 PRIMARY MARKET COMPETITORS
8.7 SONY CORPORATION
8.7.1 COMPANY OVERVIEW
8.7.2 COMPANY SNAPSHOT
8.7.3 OPERATING BUSINESS SEGMENTS
8.7.4 PRODUCT PORTFOLIO
8.7.5 BUSINESS PERFORMANCE
8.7.6 BUSINESS SEGMENTS
8.7.7 GEOGRAPHIC SEGMENTS
8.7.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.7.9 PRIMARY MARKET COMPETITORS
8.8 GOOGLE, LLC.
8.8.1 COMPANY OVERVIEW
8.8.2 COMPANY SNAPSHOT
8.8.3 OPERATING BUSINESS SEGMENTS
8.8.4 PRODUCT PORTFOLIO
8.8.5 BUSINESS PERFORMANCE
8.8.6 BUSINESS SEGMENTS
8.8.7 GEOGRAPHIC SEGMENTS
8.8.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.8.9 PRIMARY MARKET COMPETITORS
8.9 LEYARD OPTOELECTRONIC CO
8.9.1 COMPANY OVERVIEW
8.9.2 COMPANY SNAPSHOT
8.9.3 OPERATING BUSINESS SEGMENTS
8.9.4 PRODUCT PORTFOLIO
8.9.5 BUSINESS PERFORMANCE
8.9.6 BUSINESS SEGMENTS
8.9.7 GEOGRAPHIC SEGMENTS
8.9.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.9.9 PRIMARY MARKET COMPETITORS
8.10 AMAZON.COM, INC.
8.10.1 COMPANY OVERVIEW
8.10.2 COMPANY SNAPSHOT
8.10.3 OPERATING BUSINESS SEGMENTS
8.10.4 PRODUCT PORTFOLIO
8.10.5 BUSINESS PERFORMANCE
8.10.6 BUSINESS SEGMENTS
8.10.7 GEOGRAPHIC SEGMENTS
8.10.8 KEY STRATEGIC MOVES AND DEVELOPMENT
8.10.9 PRIMARY MARKET COMPETITORS
LIST OF TABLES
TABLE 1. MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
TABLE 2. SECONDARY DATA SOURCES
TABLE 3. MEXICO SMART DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2022-2030, MILLION USD
TABLE 4. MEXICO SMART DISPLAY MARKET, BY TYPE, 2022-2030, MILLION USD
TABLE 5. MEXICO SMART DISPLAY MARKET, BY DISPLAY SIZE, 2022-2030, MILLION USD
TABLE 6. MEXICO SMART DISPLAY MARKET, BY RESOLUTION, 2022-2030, MILLION USD
TABLE 7. MEXICO SMART DISPLAY MARKET, BY SALES CHANNEL, 2022-2030, MILLION USD
TABLE 8. MEXICO SMART DISPLAY MARKET, BY APPLICATION, 2022-2030, MILLION USD
TABLE 9. QISDA CORPORATION: COMPANY SNAPSHOT
TABLE 10. QISDA CORPORATION: OPERATING SEGMENTS
TABLE 11. QISDA CORPORATION: PRODUCT PORTFOLIO
TABLE 12. QISDA CORPORATION: BUSINESS SEGMENT
TABLE 13. QISDA CORPORATION: GEOGRAPHIC SEGMENT
TABLE 14. QISDA CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 15. ALPS ALPINE CO, LTD: COMPANY SNAPSHOT
TABLE 16. ALPS ALPINE CO, LTD: OPERATING SEGMENTS
TABLE 17. ALPS ALPINE CO, LTD: PRODUCT PORTFOLIO
TABLE 18. ALPS ALPINE CO, LTD: BUSINESS SEGMENT
TABLE 19. ALPS ALPINE CO, LTD: GEOGRAPHIC SEGMENT
TABLE 20. ALPS ALPINE CO, LTD: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 21. SHARP CORPORATION: COMPANY SNAPSHOT
TABLE 22. SHARP CORPORATION: OPERATING SEGMENTS
TABLE 23. SHARP CORPORATION: PRODUCT PORTFOLIO
TABLE 24. SHARP CORPORATION: BUSINESS SEGMENT
TABLE 25. SHARP CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 26. AMAZON.COM INC.: COMPANY SNAPSHOT
TABLE 27. AMAZON.COM INC.: OPERATING SEGMENTS
TABLE 28. AMAZON.COM INC.: PRODUCT PORTFOLIO
TABLE 29. AMAZON.COM INC.: BUSINESS SEGMENT
TABLE 30. AMAZON.COM INC.: GEOGRAPHIC SEGMENT
TABLE 31. AMAZON.COM INC.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 32. GOOGLE, LLC.: COMPANY SNAPSHOT
TABLE 33. GOOGLE, LLC.: OPERATING SEGMENTS
TABLE 34. GOOGLE, LLC.: PRODUCT PORTFOLIO
TABLE 35. GOOGLE, LLC.: BUSINESS SEGMENT
TABLE 36. GOOGLE, LLC.: GEOGRAPHIC SEGMENT
TABLE 37. GOOGLE, LLC.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 38. SAMSUNG ELECTRONICS: COMPANY SNAPSHOT
TABLE 39. SAMSUNG ELECTRONICS: OPERATING SEGMENTS
TABLE 40. SAMSUNG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 41. SAMSUNG ELECTRONICS: BUSINESS SEGMENT
TABLE 42. SAMSUNG ELECTRONICS: GEOGRAPHIC SEGMENT
TABLE 43. SAMSUNG ELECTRONICS: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 44. LEYARD OPTOELECTRONIC CO., LTD.: COMPANY SNAPSHOT
TABLE 45. LEYARD OPTOELECTRONIC CO., LTD.: PRODUCT PORTFOLIO
TABLE 46. LEYARD OPTOELECTRONIC CO., LTD.: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 47. LG CORPORATION: COMPANY SNAPSHOT
TABLE 48. LG CORPORATION: OPERATING SEGMENTS
TABLE 49. LG CORPORATION: PRODUCT PORTFOLIO
TABLE 50. LG CORPORATION: BUSINESS SEGMENT
TABLE 51. LG CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 52. SONY CORPORATION: COMPANY SNAPSHOT
TABLE 53. SONY CORPORATION: OPERATING SEGMENTS
TABLE 54. SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 55. SONY CORPORATION: BUSINESS SEGMENT
TABLE 56. SONY CORPORATION: GEOGRAPHIC SEGMENT
TABLE 57. SONY CORPORATION: KEY STRATEGIC MOVES & DEVELOPMENTS
TABLE 58. LENOVO GROUP LIMITED: COMPANY SNAPSHOT
TABLE 59. LENOVO GROUP LIMITED: OPERATING SEGMENTS
TABLE 60. LENOVO GROUP LIMITED: PRODUCT PORTFOLIO
TABLE 61. LENOVO GROUP LIMITED: BUSINESS SEGMENT
TABLE 62. LENOVO GROUP LIMITED: GEOGRAPHIC SEGMENT
TABLE 63. LENOVO GROUP LIMITED: KEY STRATEGIC MOVES & DEVELOPMENTS
LIST OF FIGURES
FIGURE 1. MEXICO SMART DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2022-2030, MILLION USD
FIGURE 2. MEXICO SMART DISPLAY MARKET, BY TYPE, 2022-2030, MILLION USD
FIGURE 3. MEXICO SMART DISPLAY MARKET, BY DISPLAY SIZE, 2022-2030, MILLION USD
FIGURE 4. MEXICO SMART DISPLAY MARKET, BY RESOLUTION, 2022-2030, MILLION USD
FIGURE 5. MEXICO SMART DISPLAY MARKET, BY SALES CHANNEL, 2022-2030, MILLION USD
FIGURE 6. MEXICO SMART DISPLAY MARKET, BY APPLICATION, 2022-2030, MILLION USD
FIGURE 7. QISDA CORPORATION: NET SALES, 2020–2022 ($MILLION)
FIGURE 8. QISDA CORPORATION: PRIMARY MARKET COMPETITORS
FIGURE 9. ALPS ALPINE CO, LTD: NET SALES, 2020–2022 ($MILLION)
FIGURE 10. ALPS ALPINE CO, LTD: PRIMARY MARKET COMPETITORS
FIGURE 11. SHARP CORPORATION: NET SALES, 2020–2022 ($MILLION)
FIGURE 12. SHARP CORPORATION: PRIMARY MARKET COMPETITORS
FIGURE 13. AMAZON.COM INC.: NET SALES, 2020–2022 ($MILLION)
FIGURE 14. AMAZON.COM INC.: PRIMARY MARKET COMPETITORS
FIGURE 15. GOOGLE, LLC.: NET SALES, 2020–2022 ($MILLION)
FIGURE 16. GOOGLE, LLC.: PRIMARY MARKET COMPETITORS
FIGURE 17. SAMSUNG ELECTRONICS: NET SALES, 2020–2022 ($MILLION)
FIGURE 18. SAMSUNG ELECTRONICS: PRIMARY MARKET COMPETITORS
FIGURE 19. LEYARD OPTOELECTRONIC CO., LTD.: NET SALES, 2020–2022 ($MILLION)
FIGURE 20. LEYARD OPTOELECTRONIC CO., LTD.: PRIMARY MARKET COMPETITORS
FIGURE 21. LG CORPORATION: NET SALES, 2020–2022 ($MILLION)
FIGURE 22. LG CORPORATION: PRIMARY MARKET COMPETITORS
FIGURE 23. SONY CORPORATION: NET SALES, 2020–2022 ($MILLION)
FIGURE 24. SONY CORPORATION: PRIMARY MARKET COMPETITORS
FIGURE 25. LENOVO GROUP LIMITED: NET SALES, 2020-2022 ($MILLION)
FIGURE 26. LENOVO GROUP LIMITED: PRIMARY MARKET COMPETITORS