Increasing Market for Rigid and Flexible Displays Propelling Growth Opportunities in the Global Smartphone Display Market: Technavio Report

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  • The key vendors in the global smartphone display market 2015-2019 are AU Optronics, Japan Display, LG, Samsung and Sharp.

London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global smartphone display market 2015-2019.   Corporations such as LG, Apple, Microsoft, and Samsung Display are conceptualizing smartphones that can be integrated with high-quality and high-resolution flexible displays. This is likely to drive the demand for flexible displays and will provide a competitive advantage to vendors. The global smartphone display market is expected to grow at a CAGR of 7.9% during 2014-2019.

The advances in technology such as OLED, after LCD, have enhanced the color and lighting experience from smartphones. Moreover, vendors are focusing on introducing advanced smartphones that use flexible displays, and have fast processors and high-resolution screens to enhance user experience.

As the demand for user-friendly and ubiquitous displays is likely to increase, in the near future, many industry participants are working toward the development of large, high-resolution displays for smartphones. Such displays are durable and resistant to damage.

“Smartphones are the key adopters of high pixel density display screens and in the recent years, companies such as LG and Samsung have launched smartphones with high pixel density displays,” says Faisal Ghaus, Vice President of Technavio Research.

To define the market conditions 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. 

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