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Screenless Display Market to Grow Significantly at a CAGR of 35.43% by 2025 | Alphabet Inc., Avegant Corporation, Realview Imaging Ltd., Microsoft Corporation, Magic Leap

11-21-2020 10:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Insights Reports

The Screenless Display Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The screenless display market was valued at USD 932.57 million in 2019 and expected to reach a value of USD 5,758.89 million by 2025, at a CAGR of 35.43% during the forecast period (2020 - 2025).

Screenless display is the advanced display technology, which replaces the touch screen technology to resolve the problems Screenless display projects the visual information utilizing a ricochet of light such as mirrors, plastic films, and fog. Currently, research is being done to extract information if air can be used to show the data. The introduction of this technology solves the problem for display space, owing to its portability at practically any place provided with enough circumference. The usage of the screenless display is expected to address the glitches associated with security and privacy and mitigate the probability of error, thereby propelling the industry.

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Top Leading Companies of Global Screenless Display Market are Alphabet Inc., Avegant Corporation, Realview Imaging Ltd., Microsoft Corporation, Magic Leap, Inc., Synaptics Incorporated, Holoxica Ltd., Eon Reality Inc., Leia Inc., Sony Corporation and others.

Latest Industry News:

- February 2020 - A group of researchers at Bosch in Germany developed a new type of Augmented Reality (AR) smart glasses and recently announced the launch of AR smart contact lenses. These AR smart glasses are capable of offering new light drive glasses that beam images directly onto users eyeballs with tiny lasers. The glasses are made up of screenless display technology.
- September 2019 - Facebook had launched three new portal devices, with a starting price of USD 129. These new screenless portal devices can attach to a smart television set for viewing an image or other related stuff.

Key Market Trends

Visual Image Expected to Hold a Significant Share

- With the emergence of holographic displays as an efficient alternative for screens and touch screens, visual image screen displays are expected to gain wide popularity over the forecast period. In January 2019, researchers from Duke University developed a new approach to multicolor holography that could be used to make 3D color displays for augmented reality glasses, smartphones, or heads-up displays without any bulky optical components. The waveguide structures created using the new approach could offer easy integration and a form factor small enough for augmented reality and other displays.
- Further, in April 2019, a Korean research team developed its latest ultra-thin display, which could turn smartphones into mobile 3D hologram projectors. The systems key component is a thin film of titanium filled with tiny holes that precisely correspond with each pixel in an LCD panel. Acting like a photon sieve, each pinhole diffracts light emerging from them widely, resulting in a high definition 3D image observable from a wide-angle.
- Also, recently, a team of scientists from RMIT University and the Beijing Institute of Technology have designed the world’s thinnest hologram. Furthermore, this hologram is capable of being integrated into everyday products like smartphones.
- Further, VR technology has gained widespread recognition and adoption over the past few years. Recent technological advancements in this field have revealed new enterprises. Numerous players are emerging in this market, hoping to navigate it toward mainstream adoption in the gaming market space. According to NewGenApps, by 2025, the worldwide user base of AR and VR games is expected to grow to 216 million users.

North America to Account for a Major Share

- Globally, North America has the largest concentration of technology firms. The United States is home to several significant technology corporations that hold a considerable share in this market. Major technology giants, such as Google and Microsoft, which occupy a substantial market share in the global market, are based in the United States.
- Additionally, the MIT research wing has been working on many other systems to realize screenless display. Numerous other institutions in this country are also working on screenless display technologies. The University of Washington has brought out retinal projection systems, which could help the visually impaired.
- Furthermore, government regulations in the developed regions of North America are increasingly favoring automotive innovations and technologies that support vehicle and road safety. Recently, the U.S. Department of Transportation (USDOT) announced their latest federal guidance for automated vehicles entitled, Preparing for the future of transportation: Automated Vehicles 3.0. (AV 3.0). AV 3.0, reinforced the USDOT commitment for supporting the safe integration of automation into the large transportation system.
- The consumers in this region are always looking to upgrade and adapt to new technologies and devices. Incidentally, many companies choose to launch their products and perform trail deployment in this region.
- Also, the increasing disposable income in the U.S. results in users spending heavily on new gadgets to meet the expected lifestyle requirements. With all these factors influencing the market, the industry is expected to witness a high growth rate in this region.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/10192355619/screenless-display-market-growth-trends-forecasts-2020-2025?source=openpr&Mode=07

Important Sections from the Table of Contents:

- Global Screenless Display Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy, and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Screenless Display Market Forecast

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Screenless Display Market report is a believable source for gaining market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. The Screenless Display industry report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization On Report Based On Specific Client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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