Wearable Display Market by Product and Geography - Forecast and Analysis 2019-2023

The global wearable display market size will grow by USD 9.73 billion during 2019-2023. This market report provides a detailed analysis of the market by product (OLED display, TFT LCD, and MicroLED display) and geography (the Americas, APAC, and EMEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AU Optronics Corp., BOE Technology Group Co. Ltd., LG Electronics Inc., Ritdisplay Corp., and Samsung Electronics Co. Ltd.

Key Insights on Wearable Display Market - Global Forecast 2019-2023

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Industry Overview

The increasing adoption of AR and VR devices has been identified as one of the critical wearable display market trends. The use of AR/VR HMDs is increasing in various gaming and entertainment applications because of its ability to enhance user experience by diminishing the line between reality and computer-generated graphics and creating an immersive computer-generated environment. The launch of various AR/VR games and headsets, such as PlayStation VR headsets will further boost the growth prospects of AR/VR HMD market. This has encouraged display manufacturers to increase their investments in display technologies for the development of cost-effective, high-resolution displays for AR/VR HMDs. The increasing adoption of AR and VR devices is expected to have a positive impact on the growth of the wearable displays market during the next five years.

The wearable display market forecast report highlights the growing popularity of wearable devices in fleet management as another major factor that will contribute to the growth of the market. Enterprises are increasingly adopting wearable devices in fleet management to enhance fleet efficiency and minimize fleet investments and costs related to fleets. The use of wearable devices in fleet management will also ensure efficient communication between fleet managers and drivers. Moreover, wearable devices will allow fleet managers to monitor the real-time location of drivers and track their behavior. Drivers can also track their health condition and contact fleet managers during an emergency through wearable devices, such as smartwatches. These benefits will increase the adoption of wearable devices in fleet management and consequently drive the growth of the wearable displays market at a CAGR of over 31% during the forecast period.

Top Companies in Wearable Display Market

The global market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this wearable display market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of future growth opportunities.

The report offers a detailed analysis of several leading wearable display manufacturers, including:

• AU Optronics Corp.
• BOE Technology Group Co. Ltd.
• LG Electronics, Inc.
• Ritdisplay Corp.
• Samsung Electronics Co. Ltd.

Market Segmentation

Wearable Display Market by Product

• Organic light-emitting diode (OLED) display
• Thin-film transistor liquid crystal display (TFT LCD)
• MicroLED display

The OLED display segment will account for the highest wearable display market share. The high resolution and wide viewing angle of OLED displays are some of the factors boosting its adoption in wearable displays and devices. This wearable display market research report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Wearable Display Market by Region

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for companies, it has been identified that the APAC region will account for the highest share of the wearable display market throughout the forecast period. The high concentration of wearable device manufacturers is one of the significant factors contributing to the wearable display market growth in this region.

Major Highlights of the Wearable Display Market - Global Forecast 2019-2023

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the wearable display market during the next five years
• Precise estimation of the global wearable display market worth and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the wearable display industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of wearable display companies

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