Display Controller Market Analysis
As per the analysis by the Market Research Future Reports, the global display controller market is estimated to value USD 36 billion, with a CAGR of 10% during the forecast period from 2017 to 2023. The display controller market is likely to display high expansion during the forecast period. There has been an increase in demand from several industries such as education, corporate, healthcare, government, and a few more. The Healthcare sector has various usage of interactive displays, such as educating patients about developed technologies. Therefore, display controllers are actively used in the healthcare sector. Besides, the leading companies like L.G. Display and Samsung are making substantial investments in the display controller market. Today, more and more retailers are adopting interactive displays to assist customers. Samsung Electronics leads the display controller market due to the rising demand for consumer electronics.
Furthermore, the surging demand for sophisticated display controllers in teleconferencing has propelled the market. The increased demand for developed displays along with surging demand for smartphones has directly influenced the global display controller market 2020. The surging adoption of interactive displays for better customer experience has aided in swelling up the market at a global level.
Display Controller Market Key Players
The most significant players of the global display controller market are RAiO Technology, Inc. (Taiwan), L.G. Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Texas Instruments, Inc. (U.S.), Novatek Microelectronics Corporation (Taiwan), Toshiba Corporation (Japan), Intersil (U.S.), Seiko Epson Corporation (Japan), Fujitsu Limited (Japan), Solomon Technology Ltd. (Hong Kong), among others.
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Display Controller Market Segmentation
The global display controller market can be segregated on the basis of application, display type, video interference, and region.
On the basis of application, the global display controller market can be divided into Entertainment & Gaming, Appliances, Industrial Control, Mobile Communication Devices, Medical Equipment, Automotive, Office Automation, and others.
On the basis of display type, the global display controller market can be divided into LCD Controller, Graphics Display Controller, Touchscreen Controller, Smart Display Controller, and Multi-Display Controller.
On the basis of video interference, the global display controller market can be divided into type and display controllers. Type can further be segmented into Display Port, VGA, VHDCI, WVGA, and HDMI. Display Controllers can be further divided into Video Co-Processor, Video Shifter, and Video Interface Controller.
On the basis of region, the global display controller market can be divided into North America, Asia-Pacific, Europe, and the Rest of the World (RoW).
Display Controller Market Regional Analysis
A geographical analysis of North America, Asia-Pacific, Europe, and the Rest of the World (RoW) has been conducted. As per the analysis by MRFR, the North American market is likely to acquire the maximum share of the market. The U.S. and Canada are likely are to drive the expansion of the display controller market. The region possesses developed infrastructure, which gives the opportunity for higher penetration and eventually offers better connectivity. Moreover, the presence of established players like Texas instruments in the region propels the market. The increasing demand for digital signage and e-learning are some of the other significant factors contributing to the expansion of the market. On the other hand, the APAC region is estimated to strengthen at the fastest rate during the review period. The presence of the fastest developing economies like India, China, and Japan has aided in the regional expansion of the market. Growing demand for sophisticated display controllers and mobile computation devices has influenced the regional. The active participation of Toshiba Corporation and Samsung Electronics has surged the market.
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