The global display market is expected to reach $155.54 million by 2020, at an estimated CAGR of 6% from 2015 to 2020. The consumer electronics segment held the largest market share of 54% in 2013.
The global display market covers the entire spectrum of display technologies and types available/manufactured across the globe. The display market includes various displays used primarily in consumer products such as smartphone, TV, laptop, e-readers, and so on. The display technology witnessed a rapid transformation from conventional displays such as CRT to LCD, TFT-LCD, LED-LCD, LED display, and so on. The latest display type is OLED, which is an extended version of LED display and E-Ink primarily used in tablets and e-readers. Few other display technologies which occupy a niche in the global display market include DLP and LCoS display technologies which are utilized in projectors and other related display products and applications.