Display Market 2023: Industry Size, Share, Growth Drivers and Forecast by 2028

According to IMARC Group latest report titled “Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on display market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global display market size reached US$ 159.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 205.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

What is Display?

A display represents an output device used to present information in tactile or visual form through a screen. It comprises a liquid crystal display (LCD), cathode ray tube (CRT), light-emitting diode (LED), gas plasma, and a projection surface that showcase graphics and textual content. The device is engineered to resist sunlight, harsh climatic conditions, wind, humidity, and moisture. It is utilized in smartwatches, tablets, mobile phones, laptops, televisions, computers, and medical monitors. Displays are available in numerous sizes and advanced models equipped with video calling capabilities, speakers, and inbuilt cameras, improve efficiency, offer convenience, and are visually captivating and appealing. Consequently, they find extensive applications in several sectors, including construction, sports, medical, entertainment, and retail.

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What are the growth prospects and trends in the display industry?

The rising usage of the product in vehicle display devices, such as navigation systems, digital dashboards, rearview mirrors, and heads-up displays, is primarily driving the display market. Furthermore, the increasing utilization of this device at train stations, airports, and bus stops to provide information regarding arrival, departure, and possible delays to the public is also augmenting the market growth. Apart from this, various technological advancements, including the introduction of smart displays integrated with the Internet of Things (IoT) and artificial intelligence (AI) solutions that help in real-time monitoring and provide remote access, are positively influencing the global market. Moreover, the escalating demand for flexible display technology in consumer electronics instruments, such as televisions, computers, and smartphones, on account of their flexible nature, enhanced brightness, and low power consumption, is further bolstering the market growth. Besides this, the expanding electronics sector and the widespread adoption of the product in the medical sector are expected to drive the display market in the coming years.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Explore Top Companies Blog by IMARC Group: https://www.imarcgroup.com/top-display-manufacturing-companies

Display Market Segmentation:

Our report has categorized the market based on region, display type, technology, application and industry vertical.

Breakup by Display Type:

Breakup by Technology:

Breakup by Application:

Breakup by Industry Vertical:

Breakup by Region:

Key highlights of the report:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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