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Multi-Touch Screen Market is projected to reach $16 billion by 2023, growing at a CAGR of 15.9% from 2017 to 2023.

02-16-2023 08:23 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Multi-Touch Screen Market is projected to reach $16 billion

Global Multi-Touch Screen Market was valued at $6 billion in 2016, and is projected to reach $16 billion by 2023, growing at a CAGR of 15.9% from 2017 to 2023. Multi-touch screens are the display types, which can detect and respond to stylus or finger gestures at several locations on a single screen. Earlier, this technology was pioneered by Apple, Inc. by its introduction in iPhone. At present, the market has gained traction, owing to their extensive demand from various industries such as consumer electronics, retail, media, and others.

Access Full Summary at: https://www.alliedmarketresearch.com/multi-touch-screen-market

The capacitive technology segment contributed nearly about 46%, and dominated the global market in 2016. Capacitive technology is expected to maintain its dominant position throughout the analysis period, owing to its wide-scale adoption in smartphones, tablet, laptops and other display devices.

Moreover, North America is the major revenue contributor, owing to high market contribution of the U.S. where high end electronic devices, retail industry, education sector use these screens on a wide scale. However, Asia-Pacific is expected to witness the highest growth rate and is expected to dominate the market during the forecast period, which is attributed by increase in adoption of multi-touch screens in low-end consumer electronic products, rise in sale of display devices, and surge in investment in retail and education sector fuel the market growth.

The consumer electronics and retail segments collectively dominated the market share with around 60% share in 2016. The use of multi-touch screens in consumer electronics is attributed to the rapid growth of wireless portable electronics devices in smartphones and other mobile devices.

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Key Benefits for Stakeholders

The study provides an in-depth analysis of the global multi-touch screen market to elucidate the prominent investment pockets from 2017 to 2023.
Current trends and future estimations are outlined to determine the overall market scenario.
The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis.

Multi-touch Screen Market Report Highlights

Aspects Details
By Technology
Resistive
Capacitive
Infrared
Optical
Others
By Application
Consumer Electronics
Retail
Education
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players APPLE INC., DISPLAX, FUJITSU, GESTURETEK, HP DEVELOPMENT COMPANY, L.P., IMMERSION CORPORATION, 3M, PANASONIC CORPORATION, SAMSUNG ELECTRONICS CO. LTD., TPK HOLDING CO., LTD.

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https://www.alliedmarketresearch.com/request-for-customization/2339

Related Reports and Trending Report:
-Foldable Screen Market
https://www.alliedmarketresearch.com/foldable-screens-market-A09643

-Capacitive Touch Screen Market
https://www.alliedmarketresearch.com/capacitive-touch-screen-market-A13170

-Multilayer Ceramic Capacitor Market
https://www.alliedmarketresearch.com/multilayer-ceramic-capacitor-market

-Multiplexers Market
https://www.alliedmarketresearch.com/multiplexers-market-A14636

-Switches and Multiplexers Market
https://www.alliedmarketresearch.com/switches-and-multiplexers-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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