Wearable displays are used in wearable devices and leverage wireless connections. It can be connected to mobile applications or other electronic gadgets and provide information such as temperature, heartbeat, blood pressure, etc. In this assessment offered by Market Research Future (MRFR), the global wearable display market is projected to expand at 20% CAGR over the evaluation period 2018 to 2023. It also offers an estimation that the valuation of the market will surpass USD 3 Bn mark by 2023. Key players are focusing on the development of user-friendly interfaces to enhance user experience. It is anticipated to unleash lucrative growth opportunities for the market players in the foreseeable future.
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On the basis of product type, the wearable display market has been segmented into smartwatches, smart bands, and head-mounted displays.
On the basis of technology, the segments of the wearable display market are LED-backlit LCD and OLED.
Based on panel type, the segmentation of the wearable display market covers flexible, rigid, and microdisplay.
On the basis of display size, the wearable display market has been segmented into 1 to 2 inches, less than 1 inch, and more than 2 inches.
Based on vertical, the segments of Global Wearable Display Market are military & defense, consumer, healthcare, commercial, enterprise, and others.
The geographic assessment of the global wearable display market is covered for four key regions. These regional segments are – North America, Europe, Asia Pacific, and the Rest of the World (RoW). These regional segments are further assessed on the basis of country-level markets. Asia Pacific, at present, is dominating the market and is poised to maintain its dominance over the next few years. Rising demand for consumer electronics in the region is one of the key drivers of the market. The adoption of the latest display technologies is anticipated to drive the expansion of the market in the foreseeable future. North America is also presumed to hold a key share of the market. The introduction of the latest technologies in the market is presumed to further boost the growth pattern of the regional market.
Samsung Electronics Co., Ltd. (South Korea), Apple (US), LG Display (South Korea), AU Optronics (Taiwan), Sharp Corporation (Japan), Japan Display (Japan), BOE Technology (China), Kopin Corporation (US), Tianma Microelectronics (China), eMagin Corporation (US), eMagin Corporation (US), eMagin Corporation (US), eMagin Corporation (US), eMagin Corporation (US), eMagin Corporation (US), Truly Semiconductors (China), and Hannstar Display (Taiwan) are few of the major participants of the global wearable display market.
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