The touchscreen controller market was valued at USD 3.68 Billion in 2015
and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2%
between 2016 and 2022. The growth of this market is being propelled by
the growing deployment of capacitive touchscreen controllers in various
in consumer electronics devices such as smartphones, tablets, laptops,
wearable devices, and others.
Besides, the durability, reliability and better operation of capacitive touchscreen controllers as compared to the resistive touch controllers, is further increasing the demand for the same, and thereby driving the market for the touchscreen controller alongside.
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Besides, the durability, reliability and better operation of capacitive touchscreen controllers as compared to the resistive touch controllers, is further increasing the demand for the same, and thereby driving the market for the touchscreen controller alongside.
The report covers the touchscreen controller market
segmented on the basis of technology, interface, touchscreen technology,
screen size, application and geography. The capacitive controller
technology led the market due to the high demand for capacitive
technology from various devices in consumer electronics as well as
commercial applications. Besides, the major factors responsible for
increasing the popularity of capacitive touchscreen controllers are
highly responsive nature and they provide a real-time feel while
minimizing power consumption.
The market for multi-touchscreen technology is
expected to witness significant growth during the forecast period. The
rapidly increasing devices which require touchscreen technology
supporting multi-touch features have driven the market for touchscreen
controllers complying with the requirements of multi-touchscreen
technology. The major applications that use multi-touch panels include
consumer electronics such as smartphones, tablet, wearable devices,
laptops, and other electronic devices, whereas commercial applications
include infotainment systems in automotive, and e-boards in education
sectors, among others.
The commercial segment is expected to grow at the
high market rate of the touchscreen controller market during the
forecast period. Technological advancements in various segments such as
healthcare, automotive, banking, retail, education & training have
resulted into the development of innovative and modernized touch-based
devices. These applications use touchscreen to enhance the user
experience and encourage interactivity. The rapidly growing increasing
installation of touch-based ATMs and Kiosk systems and the growing
demand for infotainment systems in vehicles is expected to drive this
market.
Asia-Pacific held the largest size of the touchscreen
controller market in 2015. The leading position of Asia-Pacific can be
attributed to the wide presence of a number of leading consumer
electronics manufacturers such as Sony Corp. (Japan), Samsung SDI Co.,
Ltd. (South Korea), HTC Corp (Taiwan), Panasonic Corp. (Japan), Huawei
Technologies Co., Ltd. (China), and LG Electronics Inc. (South Korea),
among others in the region.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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