Display Market Trends, Share, Scope & Research Insights by 2031

August 19, 2021

Display is an output device used for presentation of information in visual or tactile form. When the input information is provided by an electrical signal, then the display is called an electronic display.
Display can be a computer output surface that shows text and graphic images to the computer user, using a cathode ray tube (CRT), liquid crystal display (LCD), light-emitting diode, gas plasma, or other image projection technology
Anything that connects to a computer and displays its output is called display device. Display systems are also called a video monitor or Video display unit (VDU). Commonly used displays are CRT monitor, flat-panel display, LCD, projector, and TV

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Display is widely used to provide information to public in transportation. Train stations, bus stops, and airports have to communicate with travelers all the time to provide information about arrival and departure times. Display is helpful to inform about possible delays, weather conditions, and promote shops, which in turn fuels the display market
Displays play a major role in digital advertising of any brand or product. Digital LED billboards are installed at the busiest places in the city or on the roofs of tall buildings. This offers excellent opportunity to businesses to reach a large number of customers.
Displays are also utilized to broadcast live events or concerts. Football, tennis, basketball or any sports events are displayed to people away from the field. LED displays used in stadiums is a highly lucrative way to display.
Foldable displays have been gaining popularity in tablets, smartphones, and notebooks for the last few years. Increase in adoption of OLED and flexible displays by smartphone manufacturers is further boosting the global display market

Asia Pacific is leading the global display market, due to a rise in the number of display panel manufacturing plants and high rate of adoption of OLED displays in the region
Different companies have established their new OLED and LCD panel manufacturing plants in Asia Pacific. The consumer electronics, retail, BFSI, healthcare, transportation, sports & entertainment sectors are expected to fuel the display market in Asia Pacific.
The COVID-19 pandemic has increased the demand for smartphones and laptops because of rise in work-from-home in the population across the globe. Moreover, financial and education institutions are extensively using digital displays as teaching methods. These factors are boosting the use of small and large-scale displays for commercial and business purposes.