ICT & Electronics OLED Television (TV) Market | Página 2

The global OLED television (TV) market is segmented into technology such as
AMOLED (active matrix OLED) and PMOLED (passive matrix OLED). Among
these segments, AMOLED (active matrix OLED) segment is expected to witness
significant growth during the forecast period i.e. 2016-2023. Apart from this,
market of OLED television (TV) is riding on the back of growing popularity of
advanced visual technology among the population. Further, growing adoption of
OLED television (TV) by various end users such as healthcare and others due to
high end display technology is also envisioned to flourish the growth of OLED
television (TV) market across the globe.
Global OLED television (TV) market is expected to register a CAGR of 17.6% over
the forecast period. Moreover, the global OLED television (TV) market is
projected to expand at USD 21.3 Billion globally by the end of 2023. The market
of OLED television (TV) is expanding on the back of rise in disposable income of
emerging economies such as India and China.
In terms of regional platform, Asia-Pacific region grabbed the top position in the
market of OLED television (TV) in 2016. Further, presence of major key players
in the region such as Samsung, LG Electronics and others is also positively
impacting the growth of OLED television (TV) market. Further, burgeoning
middle class coupled with rise in per capita income of the Asia-Pacific countries is
also believed to flourish the growth of OLED television (TV) market. Middle-East
and Africa is projected to witness a remarkable growth in OLED television (TV)
market over the forecast period.
Rapid digitization
Swift digitization of education and healthcare sector all over the globe is
projected to boost the demand for OLED television (TV). Further, growing
adoption of premium display technology such as OLED televisions for better
imaging is also believed to augment the demand for OLED television (TV). These
factors are envisioned to bolster the growth of OLED television (TV) market by
end of 2023.
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