DUBLIN--(BUSINESS WIRE)--Oct 28, 2022--
The "Multi-touch Screen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global multi-touch screen market reached a value of US$ 10.13 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 22.39 Billion by 2027, exhibiting a CAGR of 14.13% during 2021-2027.
Companies Mentioned
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Multi-touch screen refers to display devices that can sense and respond to gestures and pressures at several locations on a single screen. It consists of an application-specific integrated circuit (ASIC) controller, capacitive touch sensor, and digital signal processor (DSP). It also includes various software and hardware integrations, including display support, sensing methods, sensors and calibration systems to create interactive experiences.
Multi-touch screens are commonly used in kiosks, smartphones, laptops, personal computers (PCs) and tablets. It utilizes various technologies, such as infrared, resistive, capacitive, and optical. As compared to conventional touch screens, multi-touch screens are faster, can distinguish between numerous touch inputs, provides enhanced functionality, convenience, and speed, and are easier to use. As a result, multi-touch screens are widely used in consumer electronics, education centers, and government organizations.
Substantial growth in the electronic industry across the globe is creating a positive outlook for the market. Multi-touch screens are widely used in various electronics, such as tablets, smartphones, and laptops, to offer enhanced feedback and sensing system. In line with this, the increasing demand for portable devices and smart wearables, such as watches with multi-touch screens to enhance the overall user experience, is positively impacting the market growth.
Furthermore, the introduction of cost-effective multi-touch screen displays with improved sense capabilities is providing an impetus to the market growth. Additionally, the increasing product utilization in retail and media applications for customer engagement and branding purposes is also favoring the market growth. Other factors, including the introduction of flexible touch screen panels, rising expenditure capacities of consumers and extensive research and development (R&D) activities, are anticipated to drive the market further toward growth.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global multi-touch screen market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, technology and application.
Breakup by Product:
Breakup by Technology:
Breakup by Application:
Breakup by Region:
Key Questions Answered in This Report:
For more information about this report visit https://www.researchandmarkets.com/r/aa5f32
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KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO HARDWARE
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/28/2022 05:04 AM/DISC: 10/28/2022 05:04 AM
http://www.businesswire.com/news/home/20221028005178/en