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Showing posts with the label display market size

Display Market - Forecast(2022 - 2027)

 The market for Display Market size is forecast to reach $166.4 billion by 2026, growing at a CAGR of 4.2% from 2021 to 2026. The Display market is estimated to witness substantial growth over the forecast period primarily due to the growing demand of Displays in medical, automation, industrial, wearable, and other sectors. Displays are fast in executing a color and organic Light Emitting Diode and Liquid Crystal Display display interfaces, with features such as touch screen as well as non – touch screen along with smart graphical user interface. It comprises of hardware and software, the compatibility of Displays depends on Embedded software. An increase in automated embedded devices is expected to spur the growth of the Display market. The factors such as greater efficiency, low price and more is contributing to the growth of this market. Display Market Report Coverage The report: “Display Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of th...

Display Market - Forecast(2021 - 2026)

 Human brain is a visual data appreciator. We process visual data incredibly faster than textual data. According to a 2014 study of 57 people conducted by Cornell University, textual data presented with a visual graph interested 97% of the people as compared to plain text which intrigued only 68%.  According to Massachusetts Institute of Technology, our brains process an image in 13 milliseconds which is much faster than processing unembellished textual information. The consumer electronics industry has not failed to capitalize on these findings. The display market is thriving, and globally valued between $132 billion to $135 billion in 2018. A multitude of products including mobile phones, laptops, smartwatches, and tablets rely completely on the products offered in the display marketplace. If not for an efficient display, we wouldn’t be enjoying any of these gadgets.  Owing to consistently advancing technology, the display market is experiencing innovation and populari...