- Report ID: BMRC 1058 | Number of pages: 200 | Publish Date: Apr 2020
Status: Published | Category: Technology And Media | Delivery Timeline:
"Global Multi Touchscreen Market is valued at USD 25.76 billion in 2019 and expected to reach USD 61.29 billion by 2025 with the CAGR of 15.54% over the forecast period."
Increasing use and adoption of multi touch screen enabled devices such as tablets and smart phones is driving the market of multi touch screen.
Multi-touch screens are the display type gadgets, which have the ability to detect and give response to stylus or finger gestures at several locations on a screen. This technology was pioneered by Apple inc. by its implementation in iPhone. The technology is associated with capacitive touch screen displays instead of general resistive touch screen displays. This technology has provided a substitute solution to the traditional key boards, mouse and keypads. These touch screens need three elementary components to give a touch interface, which are controller integrated circuit (IC), a software driver and a touch sensor. Touch sensor is the essential component of a touch screen which is a two-dimensional device for sensing in the form of a transparent sheet. It makes an interface between the user and the display. Several devices come preinstalled with multi-touch technology comprises smart phones, tablets, iPad, laptops etc.
Global multi touchscreen market report is segmented on the basis of screen type, device, end user and by regional & country level. Based on screen type, global multi touchscreen market is classified as opaque and transparent touch screens. Based on device the market is divided in to tablets, TV, gaming systems, smartphones, POS systems and large displays. Based on end user the market is divided in to retail, enterprise, commercial, military, medical, government and industrial.
The regions covered in this multi touchscreen market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of clinical decision support system is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Multi Touchscreen Market Reports-
Some major key players for Global Multi Touchscreen Market are 3MCompany, DISPLAX Interactive Systems, Fujitsu Ltd., Microsoft Corporation, Freescale Gigabyte, Corning Inc., Atmel Corporation, LG Display, Cypress Semiconductor Corporation, Samsung, Synaptics Incorporated, and Wintek Corporation. and others.
Global Multi Touchscreen Market Dynamics –
The major driving factor for multi touch screen market is increasing use and adoption of multi touch screen enabled devices such as tablets and smart phones. For instance, in 2020, there are 3.5 billion smart phone users around the world and the growth rate for owing a smart phone is approximately 8.57% per year. This increasing dependence of smart phone in day to day life is propelling the market of multi touch screen due to technological advancement and consumer demand. Multi touch screen technology provides number of benefits such as various gestures to operate touch screen more effectively along with user friendly operation of applications such as videos, satellite images, texts, pictures and 3D simulations, which increases the popularity of this market globally. However, high costs of glass touch panel display and limited availability of indium tin oxide (ITO) is restraining the market up to some extent.
Global Multi Touchscreen Market Regional Analysis –
North America is dominating the global multi touch screen market due to increasing demand of smart phone related devices, presence of number of major smart phone as well as tablet companies such as Apple, 1 plus & dell and high usage of technology intensive products. For example, till 2020 approximately 77% of Americans have smart phone and 47% of US smart phone users said they could not live without smart phone. This type of trends will greatly help the multi touch screen market in this region as the demand will grow more in future. Asia-Pacific is estimated to have highest growth rate in multi touch screen market in forecast period due to easy availability of raw materials, high rate adoption of smartphones and presence of many medium to large smart phone manufacturers as well as tablet manufacturers who increases the demand of multi touch screen products. China is one of the main market for multi touch screen products as it is leader in smart phone market share with shipment of 106 million smart phones which shows the dependence on multi-screen products in this region which helps the market to grow rapidly in Asia-pacific region.
Key Benefits for Global Multi Touchscreen Market Reports–
By screen type
By end user
By Regional & Country Analysis
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Multi Touchscreen Market 2020 By screen type (Opaque , Transparent touch screens ), By Device (tablets , TV , gaming systems , smartphones, POS systems, large displays), By end user (Retail, Enterprise , Commercial , Military , Medical , Government, Industrial), Forecast to 2025