Press release
Global Display Calibration Management Tools Market 2024 Opportunity Assessment, Size, Growth Rate And Forecast To 2033
Display Calibration Management Tools Market
The display calibration management tools market size is expected to see strong growth in the next few years. It will grow to $2.03 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing demand for color accuracy, industry-specific requirements, expansion in graphic design and gaming, demand from professional and consumer markets, globalization and market penetration. Major trends in the forecast period include educational initiatives, market competition and innovation, user-friendly interfaces, remote work environment, continuous technological upgrades.
Market Overview -
Display calibration management tools refer to a predefined set of parameters that are used to correct device performance variations from their standard performance.
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Smart Tv Surge Fueling Growth In Display Calibration Management Tools Market
Increasing demand for high-end display TVs such as smart TVs is expected to propel the growth of the display calibration management tools market going forward. A smart TV refers to a digital television that is an Internet-connected, storage-aware computer specialized for entertainment. Display calibration management tools adjust the white balance to make white areas more accurate instead of too blue or too red. For instance, in April 2021, according to Broadband TV News, a UK-based industry information provider, smart UHD share rose to 75% in the German TV set market. In Q1 of 2021, around 1.45 million TV sets were sold in Germany. 1.1 million were UHD TVs and accounted for 75% of the share. Therefore, increasing demand for high-end display TV, such as smart TV, is driving the growth of the display calibration management tools market.
Competitive Landscape -
Major companies operating in the display calibration management tools market report are LG Electronics Inc., Datacolor AG, EIZO Corporation, NEC Display Solutions, Portrait Displays Inc., QUBYX Software Technologies Ltd., General Digital Corporation, X-Rite Incorporated, Light Illusion Ltd., International Enterprises Inc., Yunnan Olightek Opto-Electronic Technology Co. Ltd., Guangyao Technology, Inedit Software SL, Fluke Corporation, Beamex Oy Ab, Isolocity Quality Management Software Inc., Prime Technologies, Flanders Scientific Inc., SIMCO Electronics, Asset Panda, CyberMetrics Corporation, Chroma ATE Inc., Radiant Vision Systems, Gamma Scientific Research Sdn Bhd, Konica Minolta Inc., SpectraCal LLC, Klein Instruments Inc., Colorimetry Research Inc., Tektronix Inc., Keysight Technologies, Rohde & Schwarz GmbH & Co. KG, Anritsu Corporation
Technological Advancements In Display Calibration Management Tools Market
Technological advancements have emerged as a key trend gaining popularity in the display calibration management tools market. Major companies operating in the display calibration management tools market are focused on innovating new technologies to sustain their position in the market. For instance, in April 2022, Pixelworks Inc., a US-based provider of innovative video and display processing solutions, launched the Pixelworks X5 Pro visual processor for the OnePlus Ace smartphone. The OnePlus Ace smartphone will offer customers ultra-smooth motion quality, consistent color accuracy, and eye comfort for an exceptional viewing experience by utilizing Pixelworks' patented MotionEngine technology, high-efficiency color and brightness calibration, and ambient adaptive color correction solution.
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Key Segments -
The display calibration management tools market covered in this report is segmented -
1) By Type: 3D LUT Calibration, 3PT or 6PT Calibration, Calibration Based on ICC Profile
2) By Applications: Standard Sign Display, Digital Television, Video Wall
3) By End-user: Media and Entertainment, Retail and QSR, Healthcare, Residential, Hospitality, Transportation
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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