Press release
Driving Innovation: Exploring Segmentation, Growth Trends, and Global Insights of the Display Driver Market for Enhanced Visual Experiences
Display Driver Global Market Report 2024
The Business Research Company offers in-depth market insights through Display Driver Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The display driver market size has grown strongly in recent years. It will grow from $8.44 billion in 2023 to $9.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increasing demand for electronic devices, rise of portable consumer electronics, market shift to higher resolution displays, demand for energy-efficient displays, regulatory standards and compliance.
The display driver market size is expected to see strong growth in the next few years. It will grow to $11.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to integration of advanced oled and microled displays, growing adoption of augmented reality (ar) and virtual reality (vr), demand for higher refresh rates and hdr support, transition to automotive display applications, focus on energy-efficient solutions. Major trends in the forecast period include miniaturization and integration, enhanced power efficiency, multi-protocol support, standardization and compatibility, continuous performance enhancement.
Get Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=12367&type=smp
Market Segmentation:
The display driver market covered in this report is segmented -
1) By Type: Display Driver Integrated Circuit(IC), Touch Display Driver Integration
2) By Display Technology: Liquid Crystal Display(LCD), Organic Light-Emitting Diode (OLED), Other Display Technologies
3) By Package Type: Chip-On-Glass, Chip-On-Film
4) By Application: Automotive Display, Smartphone, Monitor And Notebook, Television, Smartwatch, Other Applications
Major Driver - Smartphone Boom Ignites Surge In Display Driver Market
The rising demand for smartphones is expected to propel the growth of the display driver market going forward. Smartphones are portable electronic devices that let users browse the internet, send text messages, and make phone calls. Smartphones require display drivers to convert digital information from the processor into signals that facilitate communication between the phone's operating system and the graphics hardware, such as the graphics processing unit (GPU) or integrated graphics chip. For instance, in February 2023, according to the Office of Communications, a UK-based intergovernmental organization, there were 71.8 million mobile connections in the UK at the beginning of 2022, representing a rise of 3.8% from 2021 (about 2.6 million) and 4.2 million higher than the country's total population. Further, by 2025, 65 million out of the 68.3 million people in the UK will have smartphones. Therefore, the rising demand for smartphones is driving the growth of the display driver market.
Competitive Landscape:
Major companies operating in the display driver market report are Sony Corporation,Lenovo Group Limited, Panasonic Corporation, LG Electronics Inc., Haier Group Corporation, Hisense Group,Nvidia Corporation, Advanced Micro Devices, Samsung Electronics Co. Ltd., Sharp Corporation, Koninklijke Philips N.V.,MediaTek Inc., AsusTek Computer Inc., Acer Inc., TCL Electronics, Microchip Technology Inc., Rohm Semiconductor, Novatek Microelectronics Corp., Vizio Inc., Synaptics Incorporated, Himax Technologies Inc., Fitipower Integrated Technology Inc., Raydium Semiconductor Corporation, Silicon Works Co. Ltd., FocalTech Systems Co. Ltd., Magnachip, SINOWEALTH Electronic Ltd., Solomon Systech (International) Limited , UltraChip Inc., Sitronix Technology Corporation.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/display-driver-global-market-report
Top Trend - Introduction Of The Latest Technological Advancements In The Display Driver Market
Technological advancements are a key trend gaining popularity in the display driver market. Major companies operating in the display driver market are developing new technologies to sustain their position in the market. For instance, in January 2022, OmniVision Technologies Inc., a US-based semiconductor manufacturing company, launched a new TD4377 TDDI (touch and display driver integration) product for cell phones, including TDDI technology. This product offers LCD and touch solutions with 1080-pixel full high definition (FHD) resolution, up to a 144 Hz screen image rate, and a touch reporting rate that doubles the screen speed. They allow the LCD module to produce screens with excellent touch sensitivity and rich, vivid colors while lowering module prices and improving production efficiency.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Display Driver Market Characteristics
3. Display Driver Market Trends And Strategies
4. Display Driver Market - Macro Economic Scenario
5. Display Driver Market Size And Growth
…..
27. Display Driver Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Driving Innovation: Exploring Segmentation, Growth Trends, and Global Insights of the Display Driver Market for Enhanced Visual Experiences here
News-ID: 3385171 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Display
Interactive Display Market 2023-2030 Trends, Competitive Analysis | Major Player …
Infinity Business Insights published a new research publication on "Interactive Display Market Insights, to 2030"with 160+pages and enriched with self-explained Tables and charts in presentable format.
The Interactive Display Market Research Report encompasses growth analysis, regional marketing insights, challenges, opportunities, and drivers. According to the market research reports, the global market is expected to experience steady growth in the coming years. This Interactive Display Market report offers a comprehensive overview of…
Interactive Display Screens Market 2021 Competitive Insights - Sharp, Panasonic, …
The "Interactive Display Screens" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Interactive Display Screens Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture…
Interactive Display Market Precise Outlook 2020- Samsung Display, LG Display, Pa …
The Global Interactive Display Market Research Report Forecast 2020 - 2026 provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of the global industry. It provides an in-depth study of the Interactive Display market by using SWOT analysis. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data…
LCD Interactive Display Market to See Massive Growth by 2026 | Samsung Display, …
The LCD Interactive 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 (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Get Free Sample…
Display Technologies Market Report 2018: Segmentation by Type (LED, OLED, Virtua …
Global Display Technologies market research report provides company profile for Human Interface Technology Laboratory, Panasonic, Universal Display, Google, LG, Samsung, Innolux, AU Optronics, Avegant, Microvision and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.…
Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2 …
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2018-2026”. The fact based research report on global Flexible OLED Display Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market.…
