Graphic LCD Modules Market Has Witnessed Considerable Traction In Terms Of Value During Forecast 2028 thecloudtribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecloudtribune.com Daily Mail and Mail on Sunday newspapers.
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The global OLED display market was valued at USD 38.4 billion in 2021 and is projected to reach USD 72.8 billion by 2026. It is expected to grow at a CAGR of 13.6% during the forecast period.
Rapid adoption of OLED displays in smartphones, significant investments in building new facilities to manufacture OLED panels, high demand for better viewing experience, especially from smartphone and television consumers, rapid advances in OLED technology, increased demand for AMOLED displays in AR/VR headset applications, and financial support from governments worldwide for OLED lighting research are the key driving factors for the OLED market.