The latest research study “Multi-touch Screen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global multi-touch screen market size reached US$ 11.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2028, exhibiting a CAGR of 13.07% during 2023-2028.
A multi-touch screen is a display device that senses and responds to multiple gestures and pressures at different locations on a single screen. It utilizes several technologies such as acoustic, resistive, capacitive, infrared, and optical and is commonly used in smartphones, laptops, personal computers (PCs), kiosks, and tablets. It consists of a controller, a capacitive touch sensor, a digital signal processor (DSP), and an application-specific integrated circuit (ASIC). It is also faster than conventional touch screens, can distinguish between various touch inputs, convenience and speed, is easier to use, and provides enhanced functionality. As a result, multi-touch screens are extensively employed across the education, retail, government, media, and consumer electronics industries.
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Multi-Touch Screen Market Trends and Drivers:
The market is primarily driven by the expanding electronics industry across the globe. Multi-touch screens are widely used in various electronics, such as laptops, television (TV), gaming systems, tablets, and smartphones, to provide an enhanced consumer experience.
In addition, the escalating demand for portable devices and smart wearables such as watches, and the increasing investment in multi-touch screen displays for emerging applications, are further propelling the market growth. Moreover, the introduction of cost-effective multi-touch screen displays with improved sensing capabilities is providing a positive thrust to the market growth.
Furthermore, extensive research and development (R&D) activities, the shifting consumer inclination toward the latest technologies, and the increasing product utilization in retail and media applications for customer engagement and branding purposes are also creating a positive market outlook across the globe.
Global Multi-Touch Screen Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Binderholz GmbH, Dongwha Enterprise, EGGER Group, Evergreen Fibreboard Berhad, Georgia-Pacific LLC (Koch Industries Inc.), Green River Holding Co. Ltd., Kastamonu Entegre, Louisiana-Pacific Corporation, Sonae Arauco, Starbank Panel Products Ltd., West Fraser Timber Co. Ltd. and Weyerhaeuser Company.
The report has segmented the market on the basis of region, product, technology and application.
Breakup by Product:
• Smartphones
• Tablets
• Laptops
• Televisions Kiosks
• Large Interactive Screens
Breakup by Technology:
• Resistive
• Capacitive
• Infrared
• Optical
• Others
Breakup by Application:
• Consumer Electronics
• Retail
• Education
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023- 2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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