London, 23 September 2015 – Technavio has published a new report on the global smartwatch display market, which is expected to grow at a CAGR of nearly 152% from 2015-2019.
About the Report
In accordance with the latest report by Technavio, availability of high-speed broadband, increased penetration of smartphones, and technological innovations are enabling consumers to use various connected services such as near-field communication.
“Connected wearable devices like a fitness wristband collects the pulse rate of a user while running, and provides health information based on these readings, and simultaneously send the data to physicians. The demand for smartwatches is likely to increase, which in turn will drive the global smartwatch display market,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes the growing market for rigid and flexible displays, compelling vendors to bring forth smartwatch products that are integrated with enhanced imaging capabilities and also offer a high resolution.
“In 2014, Samsung Display launched Gear S, a smartwatch with curved display. Additionally, Apple and Google are testing screen consoles for their products to provide users with a better touch experience in a smartwatch,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global smartwatch display market from 2015-2019. To calculate the market size, it considers the sales of LCD and OLED based smartwatch displays.
Key Information Covered in the Report:
Key Vendors:
- Futaba
- Japan Display
- LG Electronics
- Samsung Electronics
- Sharp
Market Growth Drivers:
- Increased adoption of connected services
- For a full detailed list, view our report.
Market Challenges:
- Limited customer base
- For a full detailed list, view our report.
Market Trends:
- Growing market for rigid and flexible displays
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
