According to the latest report by IMARC Group, titled “Multi-touch Screen Market: Global Industry Trends, Share, Size, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global multi-touch screen market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global multi-touch screen market reached a value of US$ 10.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 22.39 Billion by 2027, exhibiting a CAGR of 13.60% during 2022-2027.
Multi-touch Screen Market Overview:
A multi-touch screen is a display device that can respond and sense pressures and gestures at various locations on a single screen. It comprises a capacitive touch sensor, digital signal processor (DSP) and an application-specific integrated circuit (ASIC) controller. These devices are generally utilized in smartphones, personal computers (PCs), tablets and kiosks. It uses several technologies, such as infrared, capacitive, resistance and optical, faster than conventional touch screens. Consequently, multi-touch screen is widely utilized in education centers, consumer electronics and government organizations.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Multi-Touch Screen Market Trends and Drivers:
One of the primary factors driving the market is the substantial growth in the electronic industry. Multi-touch screens find extensive applications in smartphones, tablets and laptops to improve sensing and feedback systems.
Additionally, the surging demand for smart wearables and portable devices, and the introduction of economical multi-touch screen displays with enhanced sense capabilities propel the market growth. Besides this, there has been widespread utilization of multi-touch screens in retail and media applications for consumer engagement.
Moreover, the launch of flexible touch screen panels, increasing disposable incomes of individuals, and extensive research and development (R&D) activities are positively influencing the market growth.
|Multi-Touch Screen Market Report Scope|
|Market size value in 2021||US$ 10.13 Billion|
|Market forecast in 2027||US$ 22.39 Billion|
|Growth Rate||CAGR of 13.60% from 2022 to 2027|
|Base year for estimation||2021|
Global Multi-Touch Screen Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Binderholz GmbH, Dongwha Enterprise, EGGER Group, Evergreen Fibreboard Berhad, Georgia-Pacific LLC (Koch Industries Inc.), Green River Holding Co. Ltd., Kastamonu Entegre, Louisiana-Pacific Corporation, Sonae Arauco, Starbank Panel Products Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
The report has segmented the market on the basis of region, product, technology and application.
Breakup by Product:
- Televisions Kiosks
- Large Interactive Screens
Breakup by Technology:
Market Breakup by Application:
- Consumer Electronics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.