Samsung consolidates a decade and a half of market leadership by breaking display panel sales records
Samsung Electronics today announced that it has been named the top display panel manufacturer for the fifteenth consecutive year by market research firm Omdia, once again demonstrating its leadership in the global display panel market. ‘digital display.1
According to Omdia, in 2023, Samsung not only dominated the global display market with a 33% market share, but also sold more than 2 million units, a record number for the company.2
“Holding the number one position in the global display market for 15 consecutive years is a testament to our commitment to innovation and our ability to adapt to changing market conditions and customer needs. our customers,” said Hoon Chung, Executive Vice President of Visual Display Division, Samsung Electronics. “We will continue to deliver the greatest value to our customers by offering them devices, solutions and services tailored to the diversity of their needs. »
Samsung Electronics regularly introduces differentiated signage products that meet different business needs.
- The Wall, the world’s first modular screen with micro LED technology. With its modular format, The Wall allows customers to adjust the size, ratio and shape of the sign based on their preferences and use case.
- Smart Signage, which offers an excellent feeling of immersion thanks to its ultra-thin profile and uniform frame.
- Outdoor display suitable for sports, reference markets and electric vehicle charging stations. Screens from the Outdoor Signage outdoor display range are designed to provide clear visibility, whatever the weather conditions.
- The Samsung Interactive Display, an electronic whiteboard optimized for the education market, puts educational tools within the reach of educators and students.
The expansion of The Wall range is a clear indication of Samsung’s innovations and cutting-edge technology. Products like The Wall All-in-One and The Wall for Virtual Production have been chosen by customers for their exceptional convenience and unique use cases, while The Wall has been selected as the display of choice for hotels in luxury hotels like the Atlantis The Royal in Dubai and the Hilton Waikiki Beach in Hawaii.
Samsung’s leadership in the digital signage industry can be attributed to the company’s commitment to product and service innovation. For example, the introduction of the world’s first transparent Micro LED display in January was noted by industry experts as the next generation of commercial displays, earning it praise as “The Most Amazing LED” and “The Best Clear Screen” from North American AV news agency, rAVe.
The recent introduction of the Samsung Visual experience Transformation (VXT) platform once again demonstrates Samsung’s commitment to display innovation. This cloud platform combines content and remote display operations on a single, secure platform, offering services that go beyond hardware while ensuring seamless operation and management for users.
Looking ahead, the global display market is poised for rapid growth, with an expected annual increase of 8%, which is expected to take it to $24.6 billion by 2027, from $14 billion dollars in 2020.3
