South Korea Smart Display Market by Display Technology (LCD, LED, E-Paper Display, and Other Display Technologies), by Type (Standalone Smart Displays, Integrated Smart Displays, Interactive Touchscreen Displays, Transparent Smart Displays, and Other Display Types), by Display Size (Below 24 Inch, 24 Inch to 55 Inch, and Above 55 Inch), by Resolution (UHD, FHD, HD, and Others) by Application (Smart Home, Digital Signage, Automotive, Healthcare, and Other Applications), and by Sales Channel (Direct Sales, Retailers & Distributors, and E-Commerce or Online Sales) – Opportunity Analysis and Industry Forecast, 2023–2030

South Korea Smart Display Market

Industry:  Semiconductor & Electronics | Publish Date: Nov 2023 | No of Pages:  81 | No. Tables:  63 | No. Figures:  26

Market Definition

South Korea Smart Display Market was valued at USD 869.54 million in 2022, and is predicted to reach USD 3824.6 million by 2030, with a CAGR of 18.7% from 2023 to 2030. A smart display is a sophisticated device featuring a touchscreen or interactive visual interface, coupled with voice recognition and artificial intelligence capabilities. 

Functioning as versatile information hubs, these displays can execute diverse tasks, including presenting information and managing smart home devices. They offer visual responses to voice commands, facilitating video calls and serving as interactive tools for scheduling, weather updates, and entertainment purposes.

Smart displays are meticulously crafted to elevate convenience, accessibility, and user engagement across various settings, such as homes, offices, and public spaces. Their applications span residential homes, offices, healthcare facilities, retail, education, and beyond.

Innovative Solutions for Health: Korean Startups Drive Surge in Smart Display Demand in Healthcare 

The Korean-based startup companies are dedicatedly focusing on the development of the devices embedded with smart display specifically for the healthcare sector. This in turn, thrives the demand for the smart display market.  Korean startup ICON.AI introduced the world's first 2-in-1 Smart Healthcare Device at CES 2021. It combines an Alexa Built-in Smart Display Speaker with a detachable health tracker, providing rapid assessment of vital health metrics in under a minute. 

The device includes an LCD touchscreen, a 5W speaker, Bluetooth, and WiFi. The detachable health tracker monitors six critical health readings and can send reports directly to smartphones or tablets. This user-friendly technology has the potential to revolutionize personal health tracking.

 

Driving into the Future: South Korea's Automotive Revolution with Cutting-Edge Smart Displays

The integration of smart displays by leading automotive companies in South Korea is reshaping the market. These advanced displays offer enhanced connectivity and entertainment options, revolutionizing the driving experience. This surge in demand for vehicles with these displays is a key driver for the South Korean smart display market. Recently, Hyundai Mobis has pioneered the world's inaugural rollable automotive display. 

This innovative screen can be rolled up and down to showcase driving information such as navigation, optimizing interior design by conserving space. Available in QHD resolution or higher, it enables the creation of large screens, exceeding 30 inches. This breakthrough promises to revolutionize automotive displays.

 

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 South Korea 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 Benefits

  • The South Korea 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.

  • 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.

  • The information related to key drivers, restraints, and opportunities and their impact on the market is provided in the report.

  • The competitive analysis of the market players along with their market share in the South Korea smart display market.

  • The SWOT analysis and Porter’s Five Forces model are elaborated in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

South Korea Smart Display Market Key Segments

By Display Technology        

  • LCD

  • LED

  • E-Paper Displays

  • Other Display Technologies

By Type        

  • Standalone Smart Displays

  • Integrated Smart Displays

  • Interactive Touchscreen Displays

  • Transparent Smart Displays

  • Other Display Types

By Display Size        

  • Below 24 inch

  • 24 inch to 55 inch

  • Above 55 inch

By Resolution        

  • UHD

  • FHD

  • HD

  • Others    

By Sales Channel        

  • Direct Sales

  • Retailers and Distributors

  • E-Commerce Or Online Sales    

By Application        

  • Smart Home

  • Digital Signage 

  • Automotive 

  • Healthcare

  • Other Applications

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2022

USD 869.54 Million

Revenue Forecast in 2030

USD 3824.6 Million

Growth Rate

CAGR of 18.7% from 2023 to 2030

Analysis Period

2022–2030

Base Year Considered

2022

Forecast Period

2023–2030

Market Size Estimation

Million (USD)

Growth Factors

The startup innovations in healthcare

The integration of smart displays by leading automotive companies.

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

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      SOUTH KOREA 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      SOUTH KOREA 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      SOUTH KOREA 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      SOUTH KOREA 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      SOUTH KOREA 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      SOUTH KOREA 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. SOUTH KOREA SMART DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2022-2030, MILLION USD

TABLE 4. SOUTH KOREA SMART DISPLAY MARKET, BY TYPE, 2022-2030, MILLION USD

TABLE 5. SOUTH KOREA SMART DISPLAY MARKET, BY DISPLAY SIZE, 2022-2030, MILLION USD

TABLE 6. SOUTH KOREA SMART DISPLAY MARKET, BY RESOLUTION, 2022-2030, MILLION USD

TABLE 7. SOUTH KOREA SMART DISPLAY MARKET, BY SALES CHANNEL, 2022-2030, MILLION USD

TABLE 8. SOUTH KOREA 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. SOUTH KOREA SMART DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2022-2030, MILLION USD

FIGURE 2. SOUTH KOREA SMART DISPLAY MARKET, BY TYPE, 2022-2030, MILLION USD

FIGURE 3. SOUTH KOREA SMART DISPLAY MARKET, BY DISPLAY SIZE, 2022-2030, MILLION USD

FIGURE 4. SOUTH KOREA SMART DISPLAY MARKET, BY RESOLUTION, 2022-2030, MILLION USD

FIGURE 5. SOUTH KOREA SMART DISPLAY MARKET, BY SALES CHANNEL, 2022-2030, MILLION USD

FIGURE 6. SOUTH KOREA 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

KEY PLAYERS

  • Samsung Electronics

  • Qisda Corporation (BenQ)

  • LG Corporation

  • Sharp Corporation

  • Lenovo Group Limited

  • Alps Alpine Co., LTD 

  • Sony Corporation

  • Google, LLC.

  • Leyard Optoelectronic Co

  • Amazon.com, Inc.


Frequently Asked Questions
What will be the worth of South Korea Smart Display Market by the end of 2030?

According to the report published by the Next Move Consulting, the South Korea Smart Display Market business is expected to hit at $3824.6 million (USD) by 2030.

What are the leading companies in the South Korea Smart Display Market?

The South Korea Smart Display Market 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.

What are the market segmentations and scope of the study for the South Korea Smart Display Market industry?

The South Korea Smart Display Market share is segmented on the basis of display technology, type, display size, resolution, sales channel, and application.

What elements are fueling the growth of the Smart Display Market in South Korea?

South Korea's Smart Display Market surge fueled by startup innovations in healthcare and automotive integration.

What is restraining the growth of the South Korea Smart Display Market?

The expansion of the Smart Display Market in South Korea is limited by security vulnerabilities.