Press release
Expanding Display Calibration Management Tools Market: Projecting Strong Growth and Innovation through 2025-2029
Display Calibration Management Tools Market
What Is The Projected Market Size Of The Global Display Calibration Management Tools Market And Its Growth Rate?
• The display calibration management tools market size has grown strongly in recent years.
• It is projected to expand from $1.53 billion in 2024 to $1.62 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%.
• This growth can be attributed to quality control in display manufacturing, emergence of digital imaging, adoption in media and entertainment, professional photography and design, and industrial applications.
• The market is expected to see strong growth in the next few years, reaching $2.21 billion in 2029 at a CAGR of 8.1%, propelled by growing demand for color accuracy, industry-specific requirements, expansion in graphic design and gaming, demand from professional and consumer markets, globalization and market penetration.
What Is Driving The Growth In The Display Calibration Management Tools Market?
The increasing demand for high-end display TVs such as smart TVs is fueling the growth of the display calibration management tools market. Smart TVs, which essentially are Internet-connected, storage-aware computers specialized for entertainment, optimize the white balance with the aid of display calibration management tools. This results in a precise white balance rather than a balance that is too blue or too red. For instance, the Australian Communications and Media Authority, a UK-based government agency, reported in December 2023 that the popularity of smart TVs in Australian households continues to rise, with 78% of adults owning one, an increase from 73% in 2022. This increased demand for high-end display TVs, such as smart TVs, is paving the way for the market's growth.
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Who Are the Key Players Driving Display Calibration Management Tools Market Growth?
Major companies operating in the display calibration management tools market include:
• Datacolor
• X-Rite Incorporated
• EIZO Corporation
• BenQ Corporation
• Barco NV
• NEC Display Solutions
• LG Electronics
• Dell Technologies
• ASUS
• ViewSonic Corporation
• Sony Corporation
• Panasonic Corporation
• Sharp Corporation
• Apple Inc.
• Samsung Electronics
• Hewlett-Packard (HP)
• Acer Inc.
• AOC International
• JVC Kenwood Corporation
• i1Display Pro
• Portrait Displays
• SpectraCal
• Light Illusion
• Klein Instruments
• DisplayMate Technologies
• Techkon GmbH
• Colorimetry Research
• Optoma Corporation
• Canon Inc.
What Are The Key Trends In The Display Calibration Management Tools Market?
Major trends propelling market growth include:
• Educational initiatives that increase consumer awareness.
• Healthy market competition promoting innovation.
• Development of user-friendly interfaces for improved usability.
• Adoption of tools for remote work environments.
• Continuous technological upgrades that align with current consumer needs and preferences.
What Are The Segments Of The Global Display Calibration Management Tools Market?
The segments of the display calibration management tools market are defined by:
1) Type: 3D LUT Calibration, 3PT Or 6PT Calibration, Calibration Based On ICC Profile
2) Applications: Standard Sign Display, Digital Television, Video Wall
3) End-User: Media And Entertainment, Retail And QSR, Healthcare, Residential, Hospitality, Transportation
Which Region Leads The Display Calibration Management Tools Market?
North America was the largest region in the display calibration management tools market in 2024. Other regions covered in the display calibration management tools market report are Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
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What Is Covered In The Display Calibration Management Tools Market Global Market Report?
- Market Size Analysis: Analyze the Display Calibration Management Tools Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various sub-segments within the Display Calibration Management Tools Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Display Calibration Management Tools Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Display Calibration Management Tools Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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