Display Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to display market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Display Market News

  • Daktronics collaborated with the University of Colorado in April 2024. The aim was to install six LED displays with 8,800 square feet at Folsom Feet in Boulder, Colorado. This will improve fan engagement during football games.
  • SHARP Electronics of Canada introduced their MultiSync PNME Series displays in February 2024. This was developed by collaborating with NEC Corporation.
  • SAMSUNG unveiled its cutting-edge innovations in commercial display technology at Integrated Systems Europe in Barcelona in February 2024. They introduced a new interactive display, WAD, highlighting notable upgrades, like 8GB RAM and 64GB of memory, ensuring improved performance.

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Display Market size was valued at USD 157.8 Billion in 2023 and is poised to grow from USD 163.32 Billion in 2024 to USD 215.06 Billion by 2032, growing at a CAGR of 3.5% during the forecast period (2025-2032).

Key Vendors in Display Market are: Samsung Electronics Co., Ltd.', 'LG Display Co., Ltd.', 'BOE Technology Group Co., Ltd.', 'Innolux Corporation', 'AU Optronics Corp.', 'Japan Display Inc.', 'Sharp Corporation', 'Tianma Microelectronics Co., Ltd.', 'CSOT (China Star Optoelectronics Technology)', 'Visionox Technology, Inc.', 'Everdisplay Optronics Ltd.', 'Truly International Holdings Limited' 

The increasing demand for customizable display applications highlights a shift in consumer preferences toward customized solutions. Organizations and users want displays that can be implemented to their particular needs and preferences without needing extensive technical skills.

Technological developments in the display features consists of a wide range of innovations that can improve visual clarity, responsiveness, and functionality. These innovations consist of higher resolutions like 4K and 8K, faster refresh rates, enhanced color accuracy, and wider viewing angles.

North America is dominating the global display market with the largest revenue share. North America, especially the US, is a center for technological developments, and research & developments. Organizations in the region are leading in developing advanced display technologies like 4K, 8K, OLED, and LED. The growing emphasis on R&D in the region is also boosting the adoption of advanced displays. Moreover, North America has a strong and stable economy that encourages significant display technologies. Organizations are various sectors like retail, corporate, healthcare, and hospitality have the financial resources to invest in high-quality display solutions.

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Global Display market
Display Market

Report ID: SQMIG45B2127

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