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Emerging Trends, Drivers and Challenges in the Wearable Display Market 2019-2023 | Technavio

LONDON--(BUSINESS WIRE)--Aug 28, 2019--

The global wearable display market size is poised to grow by USD 9.7 billion during 2019-2023, according to a new report by Technavio, progressing at a CAGR of more than 31% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190828005427/en/

Technavio has announced its latest market research report titled global wearable display market 2019-2023. (Graphic: Business Wire)

Read the 124-page research report with TOC on "Wearable Display Market Analysis Report by product (OLED display, TFT LCD, and micro LED display), and geography (APAC, the Americas, and EMEA) 2019 - 2023" at: Request a Free Sample Report

The market is driven by the growing popularity of wearable devices in fleet management. In addition, the increasing investments in MicroLED displays for smartwatches are expected to further boost the growth of the wearable display market.

Wearable devices are increasingly being used in applications such as health monitoring, supply chain management, and fleet management. Fleet management is one of the emerging applications of wearable devices. Wearable devices play a key role in fleet management by ensuring efficient communication between truck company managers and drivers. They are designed to ensure the safety, health, and performance of drivers. Thus, the growing popularity of wearable devices in fleet management will drive the wearable display market growth during the forecast period.

Displays are one of the core components of wearable devices, which display messages and other information. A majority of the smartwatches available in the global market are integrated with TFT LCDs and OLEDs. However, vendors are exploring opportunities and investing in various display technologies such as MiniLEDs and MicroLEDs. MicroLED is a self-illuminating display technology that offers higher contrast, efficiency, resolution, and response time than other display technologies. Thus, the growing investments in MicroLED displays will drive market growth during the forecast period.

For More Information: Request Free Sample Pages

The report includes detailed profiles of the leading companies & prominent vendors of the market:

  • AU Optronics Corp.
  • BOE Technology Group Co. Ltd.
  • LG Electronics Inc.
  • Ritdisplay Corp.
  • Samsung Electronics Co. Ltd.

Market Segmentation by Product:

The wearable display market can be broadly categorized into the following segments:

  • OLED display
  • TFT LCD
  • MicroLED display

Key Regions for the Wearable Display Market:

Featuring a breakdown of region-wise market shares until 2019.

  • APAC
  • The Americas
  • EMEA

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis 

Market Sizing

  • Market definition
  • Market size and forecast 

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports onInformation Technologyare:

Wearable Electronics Market – Global Wearable Electronics Market by product (smartwatches, wireless headphones, HMDs, smart bands, smart clothing, smart glasses, and smart rings), end-user (enterprise and consumers), and geography (APAC, Europe, MEA, North America, and South America).

Wearable Sensors Market – Global Wearable Sensors Market by application (wristwear, headwear, eyewear, and others), by sensor type (IMUs, Temperature sensors, magnetometers, optical heart rate sensors, and others), and by geography (the Americas, APAC, and EMEA).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

View source version on businesswire.com:https://www.businesswire.com/news/home/20190828005427/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: FASHION RETAIL TECHNOLOGY SOFTWARE HARDWARE

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 08/28/2019 09:30 AM/DISC: 08/28/2019 09:30 AM

http://www.businesswire.com/news/home/20190828005427/en

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