Story image

Demand for digital signage drives display market growth

11 Dec 15

Continuous investments in manufacturing of consumer electronics, coupled with new technological advancements, has driven the market for flexible and transparent displays, according to TechSci Research.

In fact, according to a new report by TechSci, the global market for flexible and transparent displays will be worth more than $480 million in 2015.

The Americas and Europe were the major markets for flexible and transparent displays in 2014. However, Asia-Pacific is expected to emerge as the fastest growing market for flexible and transparent displays in the coming years, due to large consumer base and surging adoption of various consumer electronic devices such as smartphones and LED televisions.

Smartphones and televisions are anticipated to be the major application areas for transparent and flexible displays.

Increasing manufacturing of electronic devices, growing purchasing power of consumers and rising adoption of smartphones is projected to contribute significantly to growth of flexible and transparent displays market.

In addition, growing demand for digital signage’s, Head-Up Displays (HUDs), infotainment systems, Head Mounted Displays (HMDs), and more, is expected to fuel consumption during the forecast period.

In 2014, LG Displays and Samsung Displays dominated the global flexible and transparent displays market.

“Various technological advancements have fuelled growth in the global market for flexible and transparent displays over the past few years,” says Neha Tayal, TechSci Research consultant.

“Adoption of such displays by smartphone manufacturers and other consumer electronics manufacturers, has led to introduction of foldable smartphones and other innovations.

“With companies increasing their focus on product differentiation, these new technologies are anticipated to revolutionise the consumer electronics landscape over the next few years,” she says. 

How blockchain will impact NZ’s economy
Distributed ledgers and blockchain are anticipated to provide a positive uplift to New Zealand’s economy.
25% of malicious emails still make it through to recipients
Popular email security programmes may fail to detect as much as 25% of all emails with malicious or dangerous attachments, a study from Mimecast says.
Human value must be put back in marketing - report
“Digital is now so widely adopted that its novelty has worn off. In their attempt to declutter, people are being more selective about which products and services they incorporate into their daily lives."
Wine firm uses AR to tell its story right on the bottle
A Central Otago wine company is using augmented reality (AR) and a ‘digital first’ strategy to change the way it builds its brand and engages with customers.
DigiCert conquers Google's distrust of Symantec certs
“This could have been an extremely disruptive event to online commerce," comments DigiCert CEO John Merrill. 
Protecting organisations against internal fraud
Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.
Telesmart to deliver Cloud Calling for Microsoft Teams
The integration will allow Telesmart’s Cloud Calling for Microsoft Teams to natively enable external voice connectivity from within Teams collaborative workflow environment.
Jade Software & Ambit take chatbots to next level of AI
“Conversation Agents present a huge opportunity to increase customer and employee engagement in a cost-effective manner."