Display Controller Market 2020: Challenges and Growth Factors 2023

   2020-09-30       12        Technology
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Market Research Future published a research report on “Display Controller Market Research Report - Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

In this rapidly changing world of technology, display controller market is projected to show major growth prospects during the forecast period. Major factor driving the Display Controller Industry is the increasing adoption of interactive displays in order to enhance customer service experience.

The Display Controller Market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the Display Controller Industry in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of display controller market. This is owing to the presence of large number of established key players like Texas Instruments in that region. In addition to this, the region also has a well-established infrastructure which allows higher penetration of devices and ultimately provides better connectivity. This is expected to be a major factor for the growth of Display Controller Industry. Growing adoption of interactive displays in retail sector is another major factor driving the growth of display controller market in the region. Growing demand for digital signage and e-learning are other factors driving the growth of Display Controller Industry in the region.

In the global Display Controller Market, Asia Pacific is anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the forecast period as compared to other regions. Within Asia Pacific, display controller market is projected to contribute faster to the growth of revenue backed by increasing demand for mobile computation devices and growing need for sophisticated display controllers in countries such as Japan, China and India. This is owning to the presence of key players like Samsung Electronics and Toshiba Corporation in the region. Samsung Electronics has been dominating the display controller market owing to the increasing demand for consumer electronics.

The Display Controller Industry is growing rapidly over 10% of CAGR and is expected to reach at approx. USD 36 Billion by the end of forecast period.

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Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Display Controller Market Research Report-Forecast to 2023”.

Key Players

The prominent players in display controller global market are – Samsung Electronics Co., Ltd. (South Korea), LG Display Co., Ltd. (South Korea), Texas Instruments, Inc. (U.S.), Toshiba Corporation (Japan), Novatek Microelectronics Corporation (Taiwan), Intersil (U.S.), Fujitsu Limited (Japan), Seiko Epson Corporation (Japan), Solomon Technology Ltd. (Hong Kong), RAiO Technology, Inc. (Taiwan) among others.

Segmental Analysis

The global Display Controller Market has been segmented with respect to application and types.

Application-based market segments are industrial control, entertainment & gaming, mobile communication devices, office automation, and medical equipment. Mobile communication device application has the highest chance of gaining the largest share in the global market. Some of the products produced in the market are smartphones and tablets, which can expand further in the coming years, in turn giving a boost to the growth of the display controllers market.

Detailed Regional Analysis

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