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Electronic Display Devices Market to grow by USD 47.7 Billion from 2024-2028, driven by new device launches and AI-powered market transformation – Technavio

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NEW YORK, Oct. 28, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Electronic Display Devices Market size is estimated to grow by USD 47.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.1% during the forecast period. New electronic display devices launches is driving market growth, with a trend towards innovation in display technology However, disposal of e-waste poses a challenge.Key market players include Apple Inc., BOE Technology Group Co. Ltd., Corning Inc., DuPont de Nemours Inc., E Ink Holdings Inc., Fujitsu Ltd., HP Inc., Innolux Corp., Leyard Optoelectronic, LG Display Co. Ltd., Mitsubishi Electric Power Products, Inc., NEC Corp., Panasonic Holdings Corp., Powertip Technology Corp, Royole Corp, Samsung Electronics Co. Ltd., Sharp Corp., Sony Group Corp., TCL Industries Holdings Co., Ltd., and Universal Display Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Televisions, Smartphones and tablets, Smart wearables, PC and laptop, and Others), End-user (Commercial and Residential), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

Apple Inc., BOE Technology Group Co. Ltd., Corning Inc., DuPont de Nemours Inc., E Ink Holdings Inc., Fujitsu Ltd., HP Inc., Innolux Corp., Leyard Optoelectronic, LG Display Co. Ltd., Mitsubishi Electric Power Products, Inc., NEC Corp., Panasonic Holdings Corp., Powertip Technology Corp, Royole Corp, Samsung Electronics Co. Ltd., Sharp Corp., Sony Group Corp., TCL Industries Holdings Co., Ltd., and Universal Display Corp.

Key Market Trends Fueling Growth

The electronic display devices market is experiencing a notable evolution due to technological innovations, with quantum dot (QD) technology being a key driver. This technology is revolutionizing both the display and lighting sectors by offering customizable color emission and enhanced brightness, resulting in high-quality visuals and energy-efficient illumination. QD technology addresses critical challenges related to color accuracy and brightness, as traditional displays can struggle to maintain color fidelity at higher brightness levels. Companies like Samsung have incorporated this technology into their light-emitting diode (LED) displays, enhancing luminous efficiency and ensuring exceptional color purity. With a narrow emission linewidth (<30 nm compared to >60 nm for traditional LEDs), QDs significantly improve color purity, enabling high-fidelity color reproduction, especially important for next-generation display technologies. QD technology increases the color gamut on liquid-crystal displays (LCDs) by up to 50%, resulting in more saturated and vivid colors. The adoption of quantum dot technology is a significant trend in the electronic display devices market, driving improvements in display performance and setting new industry standards. At events like ISE 2024, companies showcased their latest advancements, pushing the boundaries of display technology. This technology’s benefits, including enhanced color accuracy, brightness, and energy efficiency, are transforming the market and setting new benchmarks for display performance, ensuring continued growth during the forecast period. 

The Electronic Display Devices market is thriving, with Televisions leading the way in terms of revenue. Higher resolution screens, such as 4K and 8K, are becoming increasingly popular for both home entertainment and professional use. Flexible display screens, using technologies like OLED and AMOLED, are gaining traction in the automobile industry and mobiles. Low energy consumption and high-quality screens are essential for consumer electronic devices, including LCD and LED displays. High-resolution display technologies are also crucial for digital signage applications in the retail sector, advertising methods, and entertainment industries. The healthcare and console gaming sectors also benefit from advanced display technologies like 3D and 4D displays. The market is expected to grow further with the development of flexible AMOLED displays and rigid LCD displays for various consumer electronics applications. 

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Market Challenges

The electronic display devices market encompasses various products such as smartphones, tablets, and televisions. With increasing usage and frequent upgrades, these devices reach the end of their lifecycle, leading to significant e-waste generation. The UN defines e-waste as discarded devices with batteries or plugs, containing hazardous substances like mercury. In 2021, the global e-waste generation was approximately 57.4 million tons, with only 17.4% being properly recycled. The ITU identifies e-waste as a complex waste stream due to the presence of valuable materials and hazardous toxins. Efficient material recovery and safe recycling are essential for economic and environmental health. Neglecting e-waste disposal may hinder market growth, emphasizing the need for effective management and consumer education.The Electronic Display Devices market is thriving with advancements in high-resolution display technologies, including OLED and AMOLED. Consumer electronic devices, digital signage applications, and smart devices are major sectors driving demand. Flexible AMOLED displays and rigid LCD displays cater to various consumer electronics applications and digital signage in retailing, entertainment, healthcare, console gaming, mobile gaming, and more. The market faces challenges such as the need for energy-efficient and cost-effective displays, disposal of WEEE and e-waste, and the emergence of advanced electronic gadgets like smartphones, tablets, laptops, smart TVs, smartwatches, and automobiles. Industries like automation, mobile commerce, and advertising are also adopting electronic displays. High-resolution displays enhance video streaming experiences on Cathode ray tubes, plasma displays, LED displays, and OLED displays. The entertainment industry and M-commerce are significant markets, influenced by disposable incomes.

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Segment Overview 

This electronic display devices market report extensively covers market segmentation by

Type 1.1 Televisions1.2 Smartphones and tablets1.3 Smart wearables1.4 PC and laptop1.5 OthersEnd-user 2.1 Commercial2.2 ResidentialGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Televisions- The electronic display devices market, specifically the television segment, is experiencing notable growth and innovation. Companies like Xiaomi and LG are leading this charge with the introduction of advanced technologies and diverse product offerings. Xiaomi, a Chinese smartphone manufacturer, recently launched its X Pro QLED TVs in India, available in 43-inch, 55-inch, and 65-inch screen sizes. These premium offerings cater to consumers seeking high-quality viewing experiences. Simultaneously, LG, a South Korean electronics giant, introduced a new range of AI-driven smart TVs, featuring 55 models with screen sizes from 43 inches to an impressive 97 inches. This trend towards larger screens reflects consumers’ growing preference for home entertainment experiences. Additionally, the integration of AI technology, such as LG’s real-time upscaling, is becoming increasingly common. As consumer preferences evolve, larger screens and AI integration will shape the future of the television segment and the global electronic display devices market, ensuring continued growth during the forecast period.

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Research Analysis

Electronic displays have revolutionized the way we interact with technology, from high-resolution televisions and monitors to mobile devices and digital signage. The market for electronic displays is vast and diverse, encompassing various technologies such as OLED (Organic Light-Emitting Diode) and AMOLED (Active-Matrix Organic Light-Emitting Diode) displays. These advanced display technologies offer superior image quality, higher contrast, and improved energy efficiency. Consumer electronic devices, including smartphones, tablets, laptops, and smartwatches, are major applications for electronic displays. High-resolution displays are increasingly popular in consumer electronics, enabling better video streaming and gaming experiences. Flexible AMOLED displays offer unique advantages in the form factor and design of devices. Beyond consumer electronics, electronic displays have significant applications in digital signage, automobiles, and various industries such as retailing, entertainment, healthcare, and automation. Digital signage is a growing market for electronic displays, with applications ranging from advertising and information dissemination to wayfinding and interactive installations. Traditional display technologies like cathode ray tubes and plasma displays have largely been replaced by more advanced and energy-efficient LED displays. The electronic market for displays is expected to grow further with the development of new technologies and applications.

Market Research Overview

Electronic displays have revolutionized various industries, from consumer electronics to digital signage, automobiles, and entertainment. High-resolution display technologies, including OLED (Organic Light-Emitting Diodes) and AMOLED (Active-Matrix Organic Light-Emitting Diodes), have taken center stage, offering high-quality screens with low energy consumption and screen durability. Consumer electronic devices, such as smartphones, tablets, laptops, and smart televisions, have significantly benefited from these advanced display technologies. OLED and AMOLED displays offer higher resolution screens, better color accuracy, and improved contrast ratios, enhancing the user experience. Flexible AMOLED displays have gained popularity in the market, enabling the production of curved and foldable devices. Rigid LCD displays, on the other hand, continue to dominate digital signage applications in retail, advertising, and entertainment industries. The retail sector, entertainment industry, and automobile industry are major consumers of electronic displays. Digital signage has become an essential advertising method, while advanced electronic gadgets like smartwatches and mobile devices have become ubiquitous. The consumer electronics market is driven by disposable incomes, mobile commerce, and the growing popularity of video streaming services. The entertainment industry, including console gaming and mobile gaming, also relies heavily on high-resolution displays for experience. E-waste and WEEE (Waste Electrical and Electronic Equipment) have become significant concerns, with the need for sustainable manufacturing and disposal methods becoming increasingly important. The future of electronic displays lies in continued innovation, focusing on higher resolution screens, lower power consumption, and flexible and durable designs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeTelevisionsSmartphones And TabletsSmart WearablesPC And LaptopOthersEnd-userCommercialResidentialGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Nanalysis Announces Board Transition and Appointment of Three New Directors

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CALGARY, AB, May 1, 2026 /CNW/ – Nanalysis Scientific Corp. (the “Company”, TSXV: NSCI, FRA: 1N1), a leader in portable NMR spectrometers and MRI technology for industrial and research applications, is pleased to announce the appointment of Jonathan Ladd, Werner Maas, and Steve Feick to its Board of Directors effective May 1, 2026.

Mr. Ladd is an experienced technology executive and former Chief Executive Officer of NovAtel Inc., a Nasdaq-listed GPS technology company acquired by Hexagon AB. He has a track record of scaling global technology businesses and brings extensive experience in capital markets, corporate governance, and strategic execution within advanced technology companies. He currently serves on the following boards: Takemetoit Inc., AgriRobot, Litus Inc., and is an advisor at Tall Grass Ventures. Mr. Ladd earned a bachelor’s degree with distinction in engineering and is a member of Tau Beta Pi National Engineering Honor Society.

Dr. Maas is a senior executive in the analytical instrumentation sector, having previously served as President of Bruker BioSpin Corporation and currently serving as Chief Executive Officer of Hudson Lab Automation. He brings deep expertise in nuclear magnetic resonance (NMR) technologies, as well as global sales, marketing, and commercialization of scientific instrumentation. Dr. Maas holds a Ph.D. in Chemistry from Radboud University in The Netherlands, as well as several executive management designations from the MIT Sloan School of Management.

Mr. Feick is President of Manvest Inc., part of the Mancal Group. He has a track record of developing and growing a portfolio of investments in agriculture, finance, supply chain, infrastructure technology, energy efficiency, and data analytics. As a former entrepreneur, he ensures that his operational and investor experience elevates the growth of the portfolio. He is an experienced investor and brings expertise in capital allocation, governance, and long-term strategic planning across private and public market investments. Mr. Feick holds a Bachelor of Science degree in Chemical Engineering from Queen’s University.

In connection with these appointments, Martin Burian and Jennifer Stubbs will be stepping down from the Board of Directors, effective May 1, 2026. The Company thanks Mr. Burian and Ms. Stubbs for their contributions and service and wishes them continued success in their future endeavours.

“On behalf of the Board, I would like to thank Martin and Jennifer for their contributions to Nanalysis and dedicated service to the Company and wish them continued success in their future endeavours.” said Sean Krakiwsky, Chief Executive Officer. “We are pleased to welcome Jonathan, Werner, and Steve. Their collective experience across instrumentation, global commercialization, and capital allocation will support the Company as we focus on scaling our core NMR platform and executing on our services growth strategy.”

About Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF, FRA: 1N1)

Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers used worldwide in pharma, biotech, energy, food, materials, and security industries, as well as in academic and government labs. The Company also operates a growing services division that maintains both its own products and third-party imaging equipment, anchored by a $160 million long-term contract with the Canadian Air Transport Security Authority (CATSA) to maintain security scanners at more than 80 Canadian airports.

Notice regarding Forward Looking Statements and Legal Disclaimer

This news release contains certain “forward-looking statements” within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “anticipates”, “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Nanalysis Scientific Corp.

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PCIS Emerges as Leading Risk and Claims Provider in Mid-Atlantic with Three Major Wins

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SEPTA, City of Baltimore, and Maryland Department of Transportation MTA adopt ClaimsVISION to modernize risk and claims operations

NEW YORK, May 1, 2026 /PRNewswire-PRWeb/ — PCIS, a leading provider of Risk & Claims Management Information System (RMIS), today announced a series of new and expanded client engagements across the Mid-Atlantic region, further solidifying its position as a trusted partner for transit agencies and public sector organizations.

“The biggest barrier to innovation in the public sector isn’t a lack of tools—it’s the weight of legacy data environments that were never built for real-time intelligence. You can’t layer AI on top of fragmented, batch-driven systems and expect results.

The Southeastern Pennsylvania Transportation Authority (SEPTA) has selected PCIS ClaimsVISION RMIS to enhance its risk management capabilities and support more efficient claims oversight. The City of Baltimore has chosen ClaimsVISION Claims and RMIS to modernize its claims administration and enterprise risk management operations. In addition, the Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) has entered into a new five-year agreement with PCIS, extending a long-standing partnership and continuing its use of the ClaimsVISION platform.

These engagements reflect a broader trend among public entities seeking modern, configurable platforms to improve visibility, streamline workflows, and strengthen compliance across increasingly complex risk environments.

“The biggest barrier to innovation in the public sector isn’t a lack of tools—it’s the weight of legacy data environments that were never built for real-time intelligence. You can’t layer AI on top of fragmented, batch-driven systems and expect results. Organizations like SEPTA and Baltimore are rethinking the foundation—moving toward continuous, streaming data models that actually enable AI to deliver value”, said Michael Loizou, CSO of PCIS.

Across these implementations, PCIS will deliver a unified platform designed to:

Centralize claims and risk data for improved decision-makingEnhance BI and intelligent analytics capabilitiesStreamline workflows and reduce manual processesSupport regulatory compliance and audit readinessEnable scalable, configurable solutions tailored to public sector needs

The continued expansion of PCIS within the Mid-Atlantic region underscores the company’s growing presence among transit agencies and public entities seeking proven, purpose-built risk and claims management solutions.

Media Contact

Helene Quinn, PCIS, 1 2124051625, hquinn@pcisvision.com, www.pcisvision.com

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SOURCE PCIS

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Private Equity’s AI Moment: The Greatest Value Lever in Decades — and the Hardest to Pull

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The following article is authored by Neil Dhar, Senior Vice President, IBM Consulting Americas

ARMONK, N.Y., May 1, 2026 /PRNewswire/ — Next week at Think 2026, we’ll outline the forces shaping the Enterprise AI Race, forces that apply with particular urgency to private equity. The organizations gaining ground today are not the ones betting on a single model. They are the ones redesigning how their businesses operate, building hybrid architectures that give them control, and deploying AI in ways that orchestrate value that compounds over time. 

The private equity industry understands this better than most. The days of pilots and promises are over, and the demand for hard proof (a.k.a. ROI) has begun. Is your revenue accelerating? Can you drive efficiency and profitability at the same time? What does long-term growth look like? These are the questions sitting across the table at every board meeting and investment committee, and the pressure is only intensifying.  

This pressure has forced major PE firms to move aggressively to formalize their AI strategies, including exploring joint ventures with leading LLM companies. They’re making a calculated bet on AI as the most powerful value‑creation lever the industry has seen in its history, and they recognize that the window to move is now. 

The logic is unmistakable. PE firms don’t run single businesses, they run portfolios. Which means AI playbooks that work don’t just transform one company; they compound across ten, twenty, fifty, hundreds. A workflow reinvented once becomes a repeatable asset. A governance framework built once becomes portfolio infrastructure. That multiplier effect is native to how PE creates value, and it’s what makes the intersection of private equity and enterprise AI one of the most consequential arenas in business right now. 

The bet is a no-brainer. Execution is where it gets hard.  

Here’s what we know to be true: competitive advantage won’t come from betting on a single LLM. It will come from building AI tailored to your business, shifting to a hybrid strategy that combines custom models, foundation models, and smaller specialized models, all grounded in an architecture that connects your data, your workflows, and your intelligence. In private equity, where the same playbook has to work across an entire portfolio, that distinction isn’t academic. It’s the difference between value that compounds and value that stalls. 

We know this because we lived it. We turned our own operations into the proving ground, analyzing nearly 400 operational workflows and deploying AI solutions across more than 100 so far, coupled with AI governance and enablement.

The result was $4.5B in productivity gains from AI, hybrid cloud, automation and consulting expertise, and proof of what works.

We then took that proof and productized those validated workflows into IBM Enterprise Advantage, a first-of-its-kind asset-based consulting service that enables clients to build and operate their own tailored internal AI platform at scale.

With digital workers, prebuilt tools, and native governance, clients have a headstart rather than a blank slate. And because it’s multi-model, they retain the freedom to shift as technology evolves. For private equity, that flexibility determines whether a company is an asset or a liability at exit. 

We’re bringing this same approach to private equity-backed companies, where the defining question is what changed and can you prove it.

A major U.S. telecommunications provider is deploying digital workers and prebuilt AI tools from Enterprise Advantage to accelerate the migration of more than 150 critical applications, delivering measurable savings within two quarters.Working with a leading insurance administrator, IBM is using agentic AI to overhaul end-to-end claims processing, a function where a single claim can involve dozens of tightly regulated steps across multiple systems. AI agents now read and structure claim documents, perform compliance checks, assess eligibility, and route cases automatically, resulting in faster cycle times, fewer bottlenecks, and an operating model built to scale. 

What private equity does here will ripple far beyond its own portfolios. When PE-backed companies deploy production-ready AI across the business, they reset competitive expectations for entire industries, forcing every competitor to respond. That is the Enterprise AI Race playing out in real time.

The choices made today will define portfolio performance for the next decade. Move too slowly and you’re handing the advantage to every competitor who didn’t. Move without discipline and you’re betting the portfolio on a foundation that hasn’t been proven. The firms that win will be the ones who understood that distinction early enough to do something about it.

About IBM 

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media contact: 

IBM
Lily O’Brien
lilyobrien@ibm.com

SOURCE IBM

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