The global display controller market is growing continually. The market growth attributes to the increasing demand and adoption of LCD televisions, consumer appliances, and home appliances worldwide. Besides, rising sales of LCD automotive displays and appliances implementing the LCD technology drive the growth of the market. Moreover, increasing demand from various industry verticals like healthcare, education, corporate, government, and others escalates market growth.
According to Market Research Future (MRFR), the global display controller market valuation is forecasted to reach USD 36 BN by 2023, growing at 10% CAGR during the review period (2017 – 2023). Substantial R&D investments made into the development of the display controller and to advance related technologies boost the growth of the market. Also, the increasing adoption of smartphones with advanced displays is a major factor fueling the display controller market growth.
Additionally, the increasing demand for consumer electronics and the growing need for sophisticated display controllers in teleconferencing substantiate the growth of the market. Besides, the rising demand for sophisticated display controller in order to make the communications hassle-free push the market growth. Rising trend of teleconferencing that is run at different places and can communicate through conference calls creates substantial market demand.
Growing adoption of interactive displays is another major factor driving the growth of the market. Also, increasing usages of interactive displays in various industry verticals such as education, retail, healthcare, government, and others fosters market growth. Interactive displays are also widely used for advertising purposes to grab consumers' attention, which, in turn, increases market sales.
Conversely, high initial investments are one of the key factors estimated to impede the growth of the market. However, ongoing research activities would support market growth, presenting cost-competitive solutions. Also, the spurting rise in the retail sector, and the availability of various types of advanced display controllers are expected to act as an opportunity for the overall market growth.
Read more@ https://www.marketresearchfuture.com/reports/display-controller-market-4020
Global Display Controller Market – Segmentation
The report is segmented into five dynamics;
By Display Type : LCD Controller, Touchscreen Controller, Multi Display Controller, Smart Display Controller, Graphics Display Controller, and others.
By Video Interface Type : VGA, WVGA, DVI, HDMI, VHDCI, Display Port, and others.
Display Controllers : Video Shifter, Video Interface Controller, Video Co-Processor, and others.
By Application : Appliances, Industrial Control, Medical Equipment, Office Automation, Automotive, Mobile Communication Devices, Entertainment & Gaming, and others.
By Regions : North America, Europe, APAC, and Rest-of-the-World.
Global Display Controller Market - Regional Analysis
The global display controller market is growing continually. The market growth attributes to the increasing demand and adoption of LCD televisions, consumer appliances, and home appliances worldwide. Besides, rising sales of LCD automotive displays and appliances implementing the LCD technology drive the growth of the market. Moreover, increasing demand from various industry verticals like healthcare, education, corporate, government, and others escalates market growth.
According to Market Research Future (MRFR), the global display controller market valuation is forecasted to reach USD 36 BN by 2023, growing at 10% CAGR during the review period (2017 – 2023). Substantial R&D investments made into the development of the display controller and to advance related technologies boost the growth of the market. Also, the increasing adoption of smartphones with advanced displays is a major factor fueling the display controller market growth.
Additionally, the increasing demand for consumer electronics and the growing need for sophisticated display controllers in teleconferencing substantiate the growth of the market. Besides, the rising demand for sophisticated display controller in order to make the communications hassle-free push the market growth. Rising trend of teleconferencing that is run at different places and can communicate through conference calls creates substantial market demand.
Growing adoption of interactive displays is another major factor driving the growth of the market. Also, increasing usages of interactive displays in various industry verticals such as education, retail, healthcare, government, and others fosters market growth. Interactive displays are also widely used for advertising purposes to grab consumers' attention, which, in turn, increases market sales.
Conversely, high initial investments are one of the key factors estimated