Touchscreen markets: Strong growth forecast for large, small sizes
The fastest growth for touchscreen sensors and displays will occur at opposite ends of the display size marketplace—with equipment less than 8-in. and greater than 15 in.—Venture Develop Corp.
By Control Engineering Staff
The fastest growth for touchscreen sensors and displays will occur at opposite ends of the display size marketplace—with equipment less than 8-in. and greater than 15 in.— Venture Develop Corp . (VDC) predicts. In its recently released study, “ Touchscreens and touchscreen sensors: Global market demand analysis ,” VDC says the worldwide market approached $5 billion in 2006 and is expected to grow at a compounded annual rate (CAGR) of nearly 11% through 2010. More than 60% of all shipments were for mobile devices. As mobility becomes more important to the end user, touch-enabled mobile devices are expected to grow more than 14% over the next 5 years.
According to the VDC study, strong growth is expected in smaller display sizes for devices such as smart phones and handheld computers, with larger size displays anticipated to grow even faster through 2010. Display sizes from 15 to 23 in. represented the vast majority of revenues in 2006, and future growth of the larger display markets (>15 in.) is expected to be driven by emerging applications such as digital signage and device-based advertising. Touchscreen shipments for stationary equipment , the VDC report goes on, were predominantly for kiosks/point of information (POI) and point of sale (POS) applications, and are expected grow more than 8% annually over the next 3-5 years.
A white paper from VDC Corp., “ Touchscreens and touchscreen sensors: global market demand analysis ,” reviews findings from the report.
—Edited by Jeanine Katzel , senior editor
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