On November 7, the 4th International Commercial Display Elite Summit, jointly hosted by Reed Exhibitions, Shenzhen Commercial Display Technology Exhibition, and Shenzhen International Full-Touch and Display Exhibition, opened in Shenzhen. The summit brought together numerous industry elites, sparking countless frontier ideas. Mr. Jiang Xuguang, Vice President of the IOT-A(BU) Display Ecology Division of HKC, was invited to attend the summit on behalf of the company and delivered a related speech, exploring new trends, new technologies, and new patterns in the commercial display industry with industry colleagues.
According to RUNTO's prediction, by 2025, the market size of typical commercial display products in mainland China will exceed RMB 53 billion, with growth rates returning to positive, up 1% year-on-year. The compound annual growth rate from 2024 to 2028 is expected to be 4%.
Against the backdrop of steady growth in the commercial display market, Mr. Jiang Xuguang provided an in-depth analysis of the widespread application and value of electronic paper technology in the commercial sector. He pointed out that electronic paper technology is gradually penetrating every corner of the commercial display field and has successfully established a "2+1+3" smart scenario layout.
Among them, the "2" refers to smart retail and smart office as basic application scenarios; the "1" represents the promising smart education application scenario; and the "3" refers to the three pilot scenarios of smart transportation, smart government affairs, and smart healthcare. In these scenarios, electronic paper technology plays a pivotal role. In the coming years, its penetration rate is expected to increase significantly, bringing unprecedented convenience and efficient operation modes to commercial applications.
As a leading enterprise in the industry, HKC has been actively exploring the application and development of electronic paper technology and has achieved remarkable results. Currently, HKC has deployed product applications in smart retail, smart education, smart office, and other areas, covering various types such as electronic price tags, office notebooks, readers, meeting table signs, and door signs, meeting the needs of different commercial scenarios in multiple ways. At the same time, it will also expand its layout to large-size commercial display products, bringing more diverse options for commercial applications.
HKC leverages its hardware manufacturing capabilities to upgrade the display industry into a port integrating hardware and software, gradually developing related application-layer software, and providing users with one-stop, high-quality electronic paper commercial display application solutions. It is fully committed to building an electronic paper ecosystem with unique HKC characteristics.
In addition, HKC won the "2024 Commercial Display Pioneer Enterprise Award" at this summit. HKC will uphold its original intention, continue to lead the industry development trend, work with partners to create an optimal ecosystem for the display industry, broaden industrial paths, and drive more display sub-products onto the expressway of innovative development and new-quality production.
With HKC's continuous deep diving into the field of electronic paper technology and its firm pursuit of achieving sustainable development goals, it will further strengthen cooperation and exchanges with partners, continuously launch more innovative and efficient products and applications, and jointly promote the commercial display industry to a higher level of innovation and development.
