About smartwatch display
Smartwatch display is the thick/thin electronic display screen made up of glass, plastic, or other flexible substrates. These screens are lightweight and foldable. As the demand for user-friendly and ubiquitous displays is expected to increase, many industry participants are working toward the development of large and high-resolution displays for smartwatches. Such displays make the screen of these watches durable and resistant to damage and increase the amount of content that can be displayed. In the future, we estimate that out of the rigid and flexible displays, the latter will be an embedded part of a wide range of applications.
Technavio's analysts forecast the revenue of the global smartwatch display market to grow at a CAGR of 151.8% in terms of revenue during 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global smartwatch display market for 2015-2019. To calculate the market size, it considers the total revenue generated from the shipments of smartwatch with the following display technologies:
Technavio Announces the Publication of its Research Report – Global Smartwatch Display Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Smartwatch Display Market: Futaba, Japan Display, LG, Samsung and Sharp Electronics
Other prominent vendors in the market are: Analog Devices, Applied Micro Circuits, Atmel, Broadcom, Infineon Technologies, LSI, Microchip Technology, NVIDIA, NXP Semiconductors, Renesas Electronics and STMicroelectronics
Commenting on the report, an analyst from Technavio’s team said: “Vendors such as LG Display, Apple, Japan Display, and Samsung Display are conceptualizing smartwatch products that are integrated with enhanced imaging capabilities and also offer a high resolution. For instance, in 2014, Samsung Display launched Gear S, a smartwatch with curved display. Also, Apple and Google are testing screen consoles for their products to provide users with a better touch experience in a smartwatch. This is expected to drive the demand for displays and is expected to provide a competitive advantage to these vendors.”
According to the report, connected wearable devices enable users to access multimedia and infotainment services on the go. A smartwatch enables enhanced portability, and also provides additional functionalities such as browsing, social networking, calling, and emailing. The demand for smartwatches is likely to increase, which in turn will lead to the growth of the global smartwatch display market.
Further, the report states that with the increasing production capacity of smartwatch manufacturers, and a rise in production yield, the impact of the limited customer base is expected to reduce.
Futaba, Japan Display, LG, Samsung, Sharp Electronics, Analog Devices, Applied Micro Circuits, Atmel, Broadcom, Infineon Technologies, LSI, Microchip Technology, NVIDIA, NXP Semiconductors, Renesas Electronics, STMicroelectronics
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