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Electronic Paper Display (EPD) Market- The Rate Of Adoption Of The Technology Seems To Be High

08-31-2018 08:48 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Electronic Paper Display (EPD) Market- The Rate Of Adoption

The prime factors driving the growth of the Electronic Paper Display market are rising demand of ‘on the move information’, increasing number of electronic readers, and the development of easy to use display devices. Moreover, the added benefits of low power consumption seems to be crucial in propelling the global EPD market.

Presently, the Electronic Paper Display market is in a phase of growth and expected to rise further by 2024. This is primarily because of the new applications of EPD in a wide range of outdoor and indoor displays such as digital signage, electronic shelf labels, and traffic lights.

The rate of adoption of the technology seems to be high, especially in the developed countries, with United States leading the revenue generation.

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Global warming is a recent event of crucial importance which is attracting the attention of global audience. The main cause of global warming is the worldwide deforestation. With the rising public awareness regarding the importance of environment and the harmful effects of global warming, initiatives are taken to reduce the consumption of paper. And, since Electronic Paper Display is a close substitute of paper this is another important factor driving the global EPD market.

The global Electronic Paper Display market can be segmented on the basis of application, technology and geography. By application the global E-paper display market can be categorized into mobile displays, wearable technology, public displays, retail, and Electronic book reader.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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