Global Multi-Touch Screen Market Is Expected To Reach Around USD 22.33 Billion By 2025

17-Jul-2019 | Zion Market Research

Zion Market Research has published a new report titled “Multi-Touch Screen Market By Product (Smartphones, Tablets, Laptops, Televisions, Kiosks, and Large Interactive Screens), By Technology (Resistive, Capacitive, Infrared, Optical, and Others), and By Application (Infotainment, Enterprises, Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global multi-touch screen market was USD 8.47 billion in 2018 and is expected to reach around USD 22.33 billion by 2025, at a CAGR approximately 15.04% from 2019 to 2025.

Multi-touch technology enables the recognition of multiple touch points on a screen. It functions with touch screen interfaces and track-pads. While traditional touch allows only one swipe/tap, multi-touch permits users to zoom, select, and scroll. Thus, multi-touch enables inputs through gestures and pressures on multiple points on the display surface of a device. The global multi-touch screen market is growing notably, owing to its adoption in laptops, tablets, smartphones, and televisions. The use of smartphones, laptops, and other electronic devices has been increasing significantly. The multi-touch screen market growth is also due to the development of numerous applications that function on multi-touch screens. Multi-touch usage in public place display walls will further boost this market. Infrastructural advancements in airports are focusing on product adoption to enhance their client satisfaction. Multi-touch screens are finding its applications in the automobile industry as well, as many producers equip their infotainment systems with these screens to offer an interactive multipurpose involvement of the passengers. This is also driving the multi-touch screen market globally. However, the high cost of display panels and inadequacy of components may prove to be major constraints for certain organizations.

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Browse the full “Multi-Touch Screen Market By Product (Smartphones, Tablets, Laptops, Televisions, Kiosks, and Large Interactive Screens), By Technology (Resistive, Capacitive, Infrared, Optical, and Others), and By Application (Infotainment, Enterprises, Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/multi-touch-screens-market

On the basis of application, the use of multi-touch screens is growing rapidly, particularly in infotainment systems. The growing use of automobiles and improving automotive standards have led to infotainment systems being a basic specification in cars. Infotainment systems are gaining growing importance in decision-making while choosing a certain car. Multi-touch also holds a prominent market share in enterprises. Several retail organizations have implemented multi-touch screen displays for faster billing, which helps them reduce customer waiting time. Tourism companies have set up multi-touch screen displays to enable customers to browse through holiday destinations and package offerings with ease.

North America holds a significant share of the global multi-touch screen market. The U.S. is a technology-driven economy and implements the use of advanced technological products. Moreover, the growing demand for exceptional high-quality resolution is the key driver for market growth in the U.S. Europe contributes a considerable share to the multi-touch screen market globally, with Russia, the UK, and Germany being major countries. The German market focuses on premium luxury cars that used multi-touch screen panels.

Some key players in the global multi-touch screen market are Wintek Corporation, Microsoft, 3M, LG Electronics, Interactive Systems, Freescale Gigabyte, Cypress Semiconductor, Samsung Electronics, Displax, Immersion Corporation, Corning, Fujitsu, Synaptics Incorporated, GestureTek, Apple, Sharp Corporation, Panasonic, Tpk Holding, Alps Electric, and Atmel.

This report segments the global multi-touch screen market into:

Global Multi-Touch Screen Market: By Product

  • Smartphones
  • Tablets
  • Laptops
  • Televisions
  • Kiosks
  • Large Interactive Screens

Global Multi-Touch Screen Market: By Technology

  • Resistive
  • Capacitive
  • Infrared
  • Optical
  • Others

Global Multi-Touch Screen Market: By Application

  • Infotainment
  • Enterprises
  • Entertainment
  • Others

Global Multi-Touch Screen Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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