Display Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Global Display Market was valued US$ 114.20 Bn in 2017 and is expected to reach US$ 210.80 Bn by 2026
BriefingWire.com, 5/05/2021 -
Global Display Market was valued US$ 114.20 Bn in 2017 and is expected to reach US$ 210.80 Bn by 2026, at a CAGR of 7.94 % during a forecast period.
Display consists of screens that project information such as videos, images, and texts. The display screens usage various technologies to offer advantages such as enhanced visualizations in the array industry verticals such as electronics, consumer retail, transportation, sports & entertainment, and others.
Advances in flexible display, upsurge in demand for OLED display devices, and growth in trend of touch-based devices are driving the growth in the global display market. The rapid adoption of various consumer electronics devices with innovative display technologies is a key factor leading the display market. The increasing demand for high-quality displays in the gaming and entertainment sector and the increasing popularity of OLED-based technologies in next-generation devices are notable factors enhancing the market. The advent of energy-efficient electronics devices with radical functionalities is projected to provide a robust impulse to the display market. Furthermore, high initial cost is limiting the growth of the market.