Connect with us

Technology

Touch Controller IC Market size is set to grow by USD 30.91 billion from 2024-2028, Increasing sales of electronic devices to boost the market growth, Technavio

Published

on

NEW YORK, July 4, 2024 /PRNewswire/ — The global touch controller IC market  size is estimated to grow by USD 30.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 29.73%  during the forecast period. Increasing sales of electronic devices is driving market growth, with a trend towards emerging flexible displays. However, increasing competition among vendors  poses a challenge. Key market players include Analog Devices Inc., Apex Material Technology Corp., Cirque Corp., eGalax eMPIA Technology Inc., Elo Touch Solutions Inc., FocalTech Systems Co. Ltd., Hycon Technology Corp., Infineon Technologies AG, Maxim Integrated Products Inc., MELFAS BD, Microchip Technology Inc., ROHM Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Sitronix Technology Corp., Solomon Systech International Ltd., STMicroelectronics International N.V., Synaptics Inc., and Texas Instruments Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Automotive, Smartphones, ATMs, and Others), Technology (Resistive touchscreen and Capacitive touchscreen), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

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

Key companies profiled

Analog Devices Inc., Apex Material Technology Corp., Cirque Corp., eGalax eMPIA Technology Inc., Elo Touch Solutions Inc., FocalTech Systems Co. Ltd., Hycon Technology Corp., Infineon Technologies AG, Maxim Integrated Products Inc., MELFAS BD, Microchip Technology Inc., ROHM Co. Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Sitronix Technology Corp., Solomon Systech International Ltd., STMicroelectronics International N.V., Synaptics Inc., and Texas Instruments Inc.

 

Key Market Trends Fueling Growth

The touch controller IC market is anticipated to expand due to the increasing adoption of flexible displays, particularly OLED and AMOLED types. These displays, which integrate touch controller ICs between the display and touch sensor, are becoming popular in high-end devices. Notable manufacturers like Samsung and LG Electronics, leaders in AMOLED production, are driving market growth with their use in smartphones and wearable devices. This trend is expected to significantly boost the demand for touch controller ICs during the forecast period. 

The touch controller IC market is currently experiencing significant growth due to the increasing demand for advanced user interfaces in various industries. Screens and touch sensors are crucial components in this sector. Our company offers a range of high-quality touch controller ICs that provide screen responsiveness and accuracy. These ICs are essential for consumer electronics, automotive, and industrial applications. Our products are designed to meet the latest industry standards, ensuring compatibility with various operating systems and display technologies. Additionally, our ICs are known for their durability and reliability, making them ideal for use in harsh environments. Our commitment to innovation and excellence sets US apart in the touch controller IC market. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Touch Controller IC Market is witnessing an influx of global and regional vendors, with APAC entrants intensifying competition. Vendors like MELAS and FocalTech join established players such as Microchip Technology, Synaptic, and Cypress Semiconductor. Market entry criteria prioritizing technological expertise are less stringent, leading to increased competition and price wars. Vendors aim to offer competitive prices for touch controller ICs, causing a decline in Average Selling Prices (ASPs) and negatively impacting revenue growth during the forecast period.The Touch Controller IC market faces several challenges in the procurement process. The key components, such as Touch Controller ICs, microcontrollers, and connectors, are in high demand due to the increasing use of touch technology in various applications. The supply chain is complex, involving multiple suppliers and long lead times. The cost of these components can also be a challenge, as prices can fluctuate based on market conditions and demand. Additionally, ensuring the reliability and consistency of these components is crucial for manufacturers to produce high-quality products. The integration of these components into larger systems can also present challenges, requiring careful planning and coordination. Overall, managing the Touch Controller IC market requires a strategic approach to address these challenges and ensure a steady supply of these critical components.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This touch controller ic market report extensively covers market segmentation by

Product 1.1 Automotive1.2 Smartphones1.3 ATMs1.4 OthersTechnology 2.1 Resistive touchscreen2.2 Capacitive touchscreenGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Automotive-  The Touch Controller IC market experiences consistent growth due to the increasing demand for user-friendly interfaces in various industries. These integrated circuits enable touch sensitivity in devices, enhancing user experience. Major sectors, such as consumer electronics and automotive, significantly contribute to market expansion. Additionally, advancements in touch technology and its integration into various applications continue to fuel market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Touch Controller IC market encompasses the production and sales of microchips specifically designed to process input signals from touch screens. These ICs are integral to various touchscreen-enabled devices, including tablets, computers, smartphones, smartwatches, automotive systems, and interactive displays. They facilitate the I/O function of touchscreens, enabling users to interact with their devices through simple gestures. Advancements in touchscreen technology have led to the development of flexible screens, which require specialized touch controller ICs. These ICs are also essential in the implementation of augmented reality (AR) and virtual reality (VR) applications, as they allow for accurate touch position detection. The Touch Controller IC market is expanding rapidly, driven by the increasing demand for IoT devices and the integration of touchscreens into various industries, such as automotive and computing. Processors, such as those from Analog Devices and Freescale Semiconductor, often include touch controller ICs in their offerings. Product pricing for touch controller ICs varies depending on their specifications, with factors such as resolution, response time, and compatibility with different touchscreen technologies influencing the cost. LCDs and computer desktops, which often use larger touchscreens, may require more powerful touch controller ICs, leading to higher prices.

Market Research Overview

The Touch Controller IC market encompasses a wide range of microcontrollers and sensors designed to enable touch interaction in various electronic devices. These components are integral to the functionality of touchscreens, allowing users to input commands through simple gestures. The market for touch controller ICs is driven by the increasing demand for advanced user interfaces in consumer electronics, automotive applications, and industrial automation. The technology behind touch controllers is continually evolving, with innovations such as capacitive, resistive, and infrared touchscreens pushing the boundaries of user experience. Additionally, the integration of advanced features like haptic feedback and multi-touch capabilities is further expanding the market potential for touch controller ICs.

Table of Contents:

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

ProductAutomotiveSmartphonesATMsOthersTechnologyResistive TouchscreenCapacitive TouchscreenGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/touch-controller-ic-market-size-is-set-to-grow-by-usd-30-91-billion-from-2024-2028–increasing-sales-of-electronic-devices-to-boost-the-market-growth-technavio-302188966.html

SOURCE Technavio

Continue Reading

Technology

Sesame Software Named Fastest to Implement and Best Estimated ROI in G2’s Fall 2026 Reports, Previews Sesame Software 7.0

Published

on

By

Mid-market recognition from verified users caps a strong 2026 as the company announces the beta of its biggest platform release in years

SANTA CLARA, Calif., Oct. 27, 2026 /PRNewswire/ — Sesame Software, the Enterprise Data Management leader, today announced it has earned two mid-market badges in G2’s Fall 2026 reports, Fastest Implementation and Best Estimated ROI, based on verified user reviews. Heading into 2027, the company also previewed Sesame Software 7.0, its biggest platform release in years, with a beta opening this winter.

Recognized by G2 Users

The badges reflect what users say about Sesame Software: it’s up and running in minutes, needs no coding or data mapping, and pays for itself quickly. Teams use it to replicate data in near real time, build pipelines into warehouses like Snowflake, back up and archive records, and run verified migrations between systems.

“Customers don’t want a data project. They want their data where they need it, working as soon as possible,” said Joshua Demumbreum, Director of Product Operations, Sesame Software. “Hearing that back from users, in their own words, is a great way to close the year.”

Coming Soon: Sesame Software 7.0

What’s new in 7.0:

New interface: fewer clicks, easier navigation, clearer logs, and reporting on which records each job movesRebuilt engine: faster jobs, bigger data volumes and fewer failures, with data cleanup built into every jobRewritten connectors: simpler templates that behave the same across every connectorSimpler upkeep: Java 25 support, embedded Tomcat, and one-step upgrades

“After 30-plus years in enterprise data, 7.0 is our biggest step forward yet,” said Nathan Lugert, Senior Software Engineer, Sesame Software. “We can’t wait to get it into users’ hands.”

About Sesame Software

Sesame Software is the Enterprise Data Management leader, delivering data rapidly for enhanced reporting and analytics. Sesame Software’s data platform offers superior solutions for data warehousing, integration, as well as backup, and compliance to fit your business needs. Quickly connect to SaaS, on-premise, and cloud applications for accelerated insights. With over 30 years of expertise, Sesame Software helps businesses take back control of their data, access it from anywhere, ensure security and compliance, and unlock its power to grow.

Media Contact:
Kristen Besselsen, Director of Marketing
kristen.besselsen@sesamesoftware.com
www.sesamesoftware.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/sesame-software-named-fastest-to-implement-and-best-estimated-roi-in-g2s-fall-2026-reports-previews-sesame-software-7-0–302920611.html

SOURCE Sesame Software

Continue Reading

Technology

RS earned three awards at the 2026 Moxa Global Distributor Summit

Published

on

By

The three awards recognize RS for demonstrable leadership in small to medium-sized business sales, energy sector sales, and regional sales.

FORT WORTH, Texas, Oct. 27, 2026 /PRNewswire/ — RS, a high-service global product and service solutions provider for industrial customers, earned three top awards at the 2026 Moxa Global Distributor Summit. Held in Nashville, Tennessee, September 8–11, this exclusive summit welcomed Moxa team members and partners from all over the world to “Collaborate to Lead” and discuss business and strategy updates, emerging industrial infrastructure trends, secure OT connectivity, and next-generation technologies like AI data centers and energy storage.

RS combines immediate access to Moxa products with deep technical expertise to solve complex operational challenges.

During the event, Moxa — a global leader in industrial networking, computing, and edge connectivity solutions — presented RS Americas with its:

2026 Top Global Sales Award for small to medium-sized businesses2026 Top Global Sales Award for energy businesses2026 Platinum Award for top sales in the Americas region

These awards recognize RS for outstanding sales achievements and exceptional partnership in three key market segments. Together, RS and Moxa deliver secure network deployments and reliable edge connectivity for industrial automation customers across the manufacturing, energy, and commercial sectors.

“Partnering with Moxa enables us to provide industrial customers with the high-performance networking technologies they need to advance their digital transformation and build resilient operations,” said Marie Dawson, Sr. Director of Strategic Supplier Engagement at RS. “Earning three top honors at the 2026 Moxa Global Distributor Summit validates our approach — combining immediate access to quality Moxa products with deep technical expertise to solve complex operational challenges and keep critical infrastructure running across industries.”

“RS continues to demonstrate outstanding leadership in advancing edge connectivity and network reliability across key industrial sectors,” said Mat Stewart, Vice President of Sales at Moxa. “We are proud to recognize the RS Americas team for their exceptional global and regional performance over the past year and look forward to building on this momentum together.”

To learn more about the RS portfolio of Moxa products and solutions, visit the embedded links.

PR Image Download:
RS Moxa Awards PR.jpg

PR Image Caption:
The RS Americas team accepted three top sales performance awards at the 2026 Moxa Global Distributor Summit. Pictured from left to right: Moxa Americas Vice President of Sales Mat Stewart, RS Americas Product Director Chris Cole, RS Americas Eastern Regional Sales Manager John Allen, RS Americas Senior Director of Strategic Supplier Engagement Marie Dawson, RS Americas Supplier Manager Evie Hooper, RS Americas Category Manager Megan Shaw, Moxa Americas Director of Channel Sales Pat Sweeney, RS Americas Product Portfolio Manager Gary Guess, and Moxa Americas President Chad Chesney.

About RS
RS is a high-service global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 33 markets, stock over 875,000 industrial and specialist products, and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital, and process infrastructure sustainably. We combine a technically led and digitally enabled approach with an exceptional team of experts; ultimately, it’s our people that make the difference. Our purpose, making amazing happen for a better world, reflects our focus on delivering results for people, planet, and profit.

RS Group plc is listed on the London Stock Exchange with stock ticker RS1, and in the year ended March 31, 2026, reported revenue of $3,871.07 million. For more information, please visit https://www.rsgroup.com/ or connect with us on LinkedIn or X (Twitter).

About RS in the Americas
In the Americas region, RS stocks more than 250,000 industrial and electronic products from more than 700 trusted suppliers. These solutions cover categories extending from automation and control equipment to interconnect, passive, active, and electromechanical components and include more than 90,000 high-quality, competitively priced RS PRO products. For more information, please visit https://us.rs-online.com or connect with us via social media on LinkedIn, Facebook, and YouTube.

Editorial Contact & Media Inquiries:
Laurie Tortorello, Director of People & Culture Communications, RS Americas
Laurie.Tortorello@rsgroup.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/rs-earned-three-awards-at-the-2026-moxa-global-distributor-summit-302919298.html

SOURCE RS

Continue Reading

Technology

Union Home Mortgage Selected for USDA Rural Development Delegated Authority Pilot Program

Published

on

By

One of six lenders chosen nationwide to deliver an enhanced USDA loan experience for eligible rural borrowers

STRONGSVILLE, Ohio, Oct. 27, 2026 /PRNewswire/ — Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, announced today that it has been selected by the U.S. Department of Agriculture Rural Development to participate in the expanded Delegated Authority Lender Interactive Test Environment (LITE) Pilot Program for the Single Family Housing Guaranteed Loan Program, further strengthening the company’s ability to serve homebuyers in rural communities across the country. UHM is one of six lenders nationwide chosen to join the initiative, which begins on December 1, 2026.

The pilot program grants participating lenders greater authority in the loan approval and closing process, allowing qualified borrowers to move through the mortgage journey more efficiently while maintaining rigorous underwriting and compliance standards. By reducing pre-closing approval requirements from USDA, the program is designed to accelerate loan processing timelines and expand homeownership opportunities for eligible families in rural communities across the country.

“We are honored to partner with USDA Rural Development to help rural borrowers access more opportunities to achieve the dream of homeownership, which is one of the most powerful ways to build financial stability and strengthen communities,” said Bill Cosgrove, CEO of Union Home Mortgage. “Being selected for this pilot program reflects our commitment to providing world-class service and innovative solutions to our borrowers, and we thank USDA for entrusting us with this increased responsibility.”

Through the USDA Single Family Housing Guaranteed Loan Program, eligible low- and moderate-income borrowers can access affordable financing options, including 100% financing for homes in qualifying rural areas. According to USDA Rural Development, homebuyers can buy existing, build new, or cover the cost of rehabilitating, improving, or relocating a home with a Single Family Housing loan guarantee. As a participant in the Delegated Authority LITE Pilot Program, UHM will be positioned to deliver these benefits with greater speed and efficiency while continuing to provide personalized guidance throughout the homebuying journey.

The selection further underscores UHM’s reputation as a trusted lending partner and aligns with the lender’s focus on responsible growth, operational excellence, and expanding access to affordable mortgage solutions in communities of all sizes.

For more information about Union Home Mortgage, visit www.uhm.com. For information about USDA Rural Development housing programs, visit www.rd.usda.gov.

About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 49 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being a Six-Year USA TODAY Top Workplace and a Twelve-Year Northeast Ohio Top Workplace. Learn more at www.uhm.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/union-home-mortgage-selected-for-usda-rural-development-delegated-authority-pilot-program-302920859.html

SOURCE Union Home Mortgage

Continue Reading

Trending