- 25 July 2018 15:29
The Future Of The Smartphone Display Market
Smartphone display is the thick / thin electronic screen made of glass, plastic or other flexible substrates. These screens are lightweight and foldable. As demand for user-friendly and ubiquitous displays is expected to increase, many industry participants are working to develop large and high-definition displays for smartphones. Such displays make the screen of these devices durable and resistant to damage and increase the amount of content that can be displayed. In the future it will be possible that the rigid and flexible displays will become part of many applications.
The rising demand for smartphones is a key factor in the growth of the global smartphone display market. Technological advances like OLED, after LCD have improved the color and lighting experience of smart phones. Vendors are focusing on the introduction of advanced smartphones with flexible displays, faster processor, larger displays and high resolution to enhance the user experience. These offerings are expected to drive the growth of the global smartphone display market. In addition, an increasing number of Internet users on smart phones, the penetration of social networking sites, mobile apps for banking, booking tickets, movies, ordering food, etc. fuel the growth of this market.
Cutthroat competition, which led to price wars and staggering sales, cost-effective products of new entrants and local players, and delays in delivering innovative products to meet consumer demand for a variety of reasons such as complex design requirements, scarcity of resources, and lack of technical know-how the growth of this market out.