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A Deep Exploration into Global Trends in Displays Sector

Global Display Market Trends: FPDs, OLEDs, and Smart Displays.

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The global displays market is expected to experience significant growth in the coming years, driven by advancements in technology and increasing demand for visual communication and entertainment.

According to a recent strategic business report, the market is expected to reach a value of $221.6 billion by 2022, representing a compound annual growth rate of 7.3% between 2017 and 2022.

One of the key drivers of this growth is the increasing adoption of flat panel displays (FPDs) in a variety of applications, including television, computers, and mobile devices. FPDs are thin, lightweight, and energy-efficient, making them attractive for use in these devices. The growing popularity of high-definition television, in particular, is expected to drive demand for FPDs, as these displays offer improved picture quality and resolution.

In addition to FPDs, the report predicts that organic light-emitting diode (OLED) displays will also see significant growth in the coming years. OLEDs are thin, flexible, and energy-efficient, making them suitable for use in a variety of applications, including mobile devices, TVs, and wearable devices.

Another trend driving the growth of the global displays market is the increasing adoption of smart displays, which are interactive displays equipped with internet connectivity and touch screens. These displays are used in a variety of applications, including advertising, retail, and education. The increasing use of smart displays in public spaces is expected to drive demand for these devices.

The report also highlights the increasing demand for large format displays, which are used in a variety of applications, including digital signage, transportation, and events. The growing popularity of large format displays is driven by their ability to deliver high-quality visual content and engage audiences in a variety of settings.

Geographically, the Asia-Pacific region is expected to dominate the global displays market, due to the presence of a large number of manufacturers and the increasing demand for visual communication and entertainment in the region. The report also notes that the North American and European markets are expected to experience significant growth, driven by advancements in technology and the increasing adoption of smart displays.

Overall, the global displays market is expected to experience strong growth in the coming years, driven by advancements in technology and increasing demand for visual communication and entertainment. Companies operating in this market are expected to benefit from this growth, as they develop and offer new and innovative products to meet the needs of their customers.

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