London, 10 December 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Tablet Display Market 2014-2018, which is expected to grow at a CAGR of 38.8 percent by revenue during the forecast period of 2014-2018.
The future of the Display market is focused toward the development and exploration of display systems that exhibit flexible display properties. The Flat Panel Displays segment is expected to be the strongest segment in the industry during the forecast period. Flexible displays require significant investments in R&D before reaching mass consumer usage. Thus, it is expected that vendors will invest in the same during the forecast period to increase the market and technology trend in the Global Display market by 2018.
“The adoption of NFC technology has seen unprecedented growth because of various factors such as security and reliability,” says Faisal Ghaus, Vice President of TechNavio.
“Mobile computing device manufacturers have attached high significance to integrating NFC chips to provide a value add-on to their customers. NFC technology facilitates fast data transfer and an easy payment option.”
Key Market Drivers
- Rise in Sales of Tablets
- Increase in Design Innovations
- Increased Penetration of Tablets in Various Sectors
Key Market Trends
- Declining ASP of Tablets
- Emergence of NFC Technology
- Increase in Number of Sales Channels for Tablets
Key Market Vendors
- AU Optronics Corp.
- Chimei Innolux Corp.
- LG Display Co. Ltd.
- Samsung Display Co. Ltd.
- Sharp Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
