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Latest Report Details Of Light-Based Laptop or Smartphone Market Size & Share, Growth, Trends and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Light-Based Laptop or Smartphone” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Light-based laptop or smartphone refers to a model of photonic laptop or smartphones in which data transfer takes place at the speed of light. For this purpose, a special chip is required that can control light and sound waves at the same time. They will be able to transfer information from a light wave to a sound wave and back again. Light-based or photonic computers have the potential to run at 20 or more times faster than the average laptop. Also, these advanced devices won't emit heat or use energy like existing devices since, they would process data in the form of photons instead of electrons.
Rising awareness regarding the damage caused to the eyes by blue violet light emitted by a smart phone and laptop screen is acting as a major driver for light-based laptop or smartphone market. Excessive exposure to blue-violet light puts human at a greater risk of macular degeneration, a primary cause of blindness. Other side effects of blue light include disrupting sleep patterns, depression and mood swings. Another factor favoring market growth is the ability of light-based laptop or smartphone to run 20 times faster because in a chip speed of light is much faster than electrons approximately 20 times. However, the uncertainty regarding the compatibility between challenge new light-based and existing electronic chips is creating hindrance to the market. If these photonic transistors could be used to enhance the electronic transistors, a substantial performance improvement could be achieved. On the other hand, shifting trend towards eye-soothing and power efficient display panels for several commercial applications, and growing smart wearable devices market is providing new opportunities for market growth.
The global light-based laptop or smartphone market is classified on the basis of offerings, industry vertical and geographically. Classification on the basis of offering includes Micro display, small-sized display, medium-sized display and large-scale display. Light-based laptop or smartphone market by industry vertical is categorized as consumer electronics, automotive, retail, BFSI, government and defense, sports and entertainment, others. The global light-based laptop or smartphone market has been divided into five geographic regions i.e. North America, South America, Europe, Asia Pacific, and Middle East and Africa.
Among various offerings, large-sized display is expected to hold significant share of the global light-based laptop or smartphone market during the forecast period because of growth in video watching in mobile phones and demand for better resolution and enhanced display features. Millions of people watch videos on their phones, send email, conduct video meetings, and manage entire businesses. The medium-sized display smartphones are anticipated to increase in market share during the forecast period in order to satisfy the different habits and preferences of today’s varied market of smartphone consumers. Also, industry standards are finding a state of balance in preference between the too-small and too-large display screens of smartphones.
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Based on application, the consumer electronics application in the light-based laptop or smartphone market is predicted to witness high growth rate during the forecast period. The high acceptance rate of user friendly display technology in consumer electronics devices (such as smartphones, PC monitors, tablets, TVs, laptops, and smart wearable), is the main reason behind the large market share of consumer electronics. The retail industry is also expected to witness a significant growth rate in the light-based laptop or smartphone market.
North America is forecasted to hold a large share 2025 owing to high adoption rate of innovative display and lighting technology, especially in the United States. APAC is expected to grow at the highest growth rate due to the presence of large consumer population. Also, some of leading smartphones and laptop manufacturers present in China, Japan and Korea launch their new display and lighting products in APAC. This is turn is likely to enhance the adoption of the light-based laptop or smartphone market in this region.
Some of major market players are involved in extensive research and development in field of light-based laptop or smartphone such as IBM Corporation, Sony Corporation, Apple Inc., Panasonic and Intel Corporation, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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