Global Smartphone Display Market 2015-2019 - Key Vendors are AU Optronics, Japan Display, LG, Samsung & Sharp

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Oct 16, 2015, 08:10 ET

DUBLIN, Oct. 16, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/fkcvct/global_smartphone) has announced the addition of the "Global Smartphone Display Market 2015-2019" report to their offering.

The report forecasts the revenue of the global smartphone display market to grow at a CAGR of 7.9% in terms of revenue during 2014-2019.

The report, Global Smartphone Display Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The software market is developing applications with high pixel density for new flexible displays, to enable an immersive screen experience. Smartphones are the key adopters of high pixel density display screens and in the recent years, companies such as LG and Samsung have launched smartphones with high pixel density displays. This is likely to steer growth for display and smartphone manufacturers during the forecast period.

According to the report, an increase in the number of Internet users on mobile devices has had a positive impact on the global smartphone display market. The penetration of social media is increasing rapidly, where consumers are constantly accessing social networking sites such as Twitter and Facebook on their smartphones. This is driving the demand for large displays; large screen devices enhance the user experience of social networking applications.

Further, the report states that the new vendors have adopted low-cost manufacturing techniques to gain huge profit margins. This results in price wars, which reduces profit margins and results in fluctuating revenues.

This report covers the present scenario and the growth prospects of the global smartphone display market for 2015-2019. To calculate the market size, it considers the total revenue generated from the shipments of smartphone with the following display technologies: