Multi touch screen display provides a collaborative workspace for user to perform multi touch operations. Multi touch technology used in such displays are responsible for detecting and responding to more than one or two point of contact on its surface at the same time. It has an interactive user interface such as windows, icon, menus and pointers which allow users to control the digital environment inside the gadget directly or indirectly using their bare fingers or palm. Such type of screens are used in smartphones, tablets, laptops, smart TVs, smart-watches, etc. As the demand for these devices is very high, multi touch screens that are used in these devices are growing impressively across the globe.
Multi touch sensing ability of the screen is possible due to the presence of an application-specific integrated circuit (ASIC) sensors that are attached to the touch screen. It enables an user to perform multiple finger gestures such as zoom-in or zoom-out by double tapping on the screen, scrolling the page up-down, swiping left or right to go on previous or next page, swiping the three fingers or palm to take a quick screenshot, etc. Apart from these features, multi touch screens also provide better resolution and clarity of characters such as text, video, photos, satellite images, 3D simulations, etc., which gives an enhanced user-experience.
Increasing adoption of multi touch screen displays and growing investments from major companies like Apple Inc., Microsoft Corporation, etc. is projected to drive the global multi touch screens market in the years to come. Major companies are now focusing on offering multi-touch display with a see-through screen. This technological advancement is expected to provide lucrative opportunities to the market in the near future.
Based on the product, the market is bifurcated into Capacitive Technology, Resistive Technology, Acoustic Technology, and Optical & Infrared Technology. The Capacitive Technology segment is expected to hold the largest market share as this technology is an alternative solution to the traditional keyboards, mouse, and keypads.
Based on the application, the market is bifurcated into Personal use (infotainment & entertainment), Retail, Government, Enterprise, Industrial, Commercial (hospitality, transport and gaming), and Others (medical, military, training). The Personal use (infotainment & entertainment) segment is anticipated to have the highest CAGR in the forecasted period. The factors can be attributed to the upsurge in the demand for consumer electronics and wearable devices.
In terms of geography, Asia-Pacific is the largest and fastest growing multi touch screens market worldwide. The growth of this region is mainly accredited to the large number of working age population and popularity of smart devices among them. The original equipments manufacturers (OEMs) are establishing their manufacturing unit in developing countries, as they provide cheap labour and availability of raw material at lower cost.
On the other hand, high cost of glass touch displays and lack of availability of Indium tin oxide, one of the key material that is required in manufacturing of multi touch screen displays are some of the factors expected to hinder the market growth.
Key Players Identified in the Multi Touch Screens Market Include:
3MCompany, DISPLAX Interactive Systems, Microsoft Corporation, Freescale Gigabyte, LG Display, Corning Inc., Atmel Corporation, Fujitsu Ltd., Cypress Semiconductor Corporation, Samsung, Synaptics Incorporated, Wintek Corporation and Others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Multi Touch Screen market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
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Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
