Press release
Display Calibration Management Tools Market Analysis 2024-2033 : Forecast Market Size, Top Segments And Largest Region | LG Electronics Inc., Datacolor AG, EIZO Corporation, NEC Display Solutions
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Display Calibration Management Tools Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $796.8 billion In 2028 At A CAGR Of 10.3% :
The display calibration management tools market size has grown strongly in recent years. It will grow from $1.47 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to quality control in display manufacturing, emergence of digital imaging, adoption in media and entertainment, professional photography and design, industrial applications.
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.
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Display Calibration Management Tools Market Major 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 Driver - 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.
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Prominent Trend - 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.
Display Calibration Management Tools Market Players
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
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Largest And Fastest Growing Region In The Market
North America was the largest region in the display calibration management tools market share in 2023. The regions covered in the display calibration management tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Display Calibration Management Tools Market Report Structure
3. Display Calibration Management Tools Market Trends And Strategies
4. Display Calibration Management Tools Market - Macro Economic Scenario
5. Display Calibration Management Tools Market Size And Growth
…..
27. Display Calibration Management Tools Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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