The touchscreen display market is expected to grow at a CAGR of 8.79% reaching a market size of US$101.751 billion in 2029 from US$56.435 billion in 2022.
The touchscreen display market has experienced significant growth in recent years, driven by the increasing demand for user-friendly and interactive devices across various industries. Touchscreen displays offer a seamless user interface and have become essential in modern electronic devices, including smartphones, tablets, laptops, and gaming consoles. The touch screen display market is expected to continue its growth trajectory, driven by advancements in touch screen technologies such as capacitive, resistive, and surface acoustic wave (SAW) displays. Additionally, the emergence of new technologies such as flexible touch screens, transparent displays, and haptic feedback displays is expected to further fuel the growth of this market.
The market growth is further fueled by technological advancements in touch-based gesture recognition, which supports various gestures including pinch-to-zoom, swipe (or flick), twist, press-and-hold (or long press), and slide. The need for capacitive touch screen controllers is being driven by the rise in touch screen shipments, as well as the replacement of resistive technology in automotive applications by projected capacitive touch screens.
The global smartphone market has witnessed significant growth in recent years, fueled by the increasing demand for mobile devices that offer advanced features and functionalities. Touchscreen displays have become an essential component of smartphones and tablets, providing a seamless user interface enabling users to interact more intuitively. In addition, the increasing availability of low-cost smartphones and the rising adoption of mobile devices in emerging economies are expected to further fuel the growth of the touchscreen display market.
Interactive touchscreen displays are increasingly used in the retail and hospitality industries to provide a more engaging and personalized customer experience. Interactive displays are used for various applications such as product demonstrations, ordering systems, and wayfinding. With the growing trend towards experiential retail, touchscreen displays are becoming an essential component of retail environments, providing retailers with a means to differentiate themselves and offer a unique customer experience.
The patented "predictive touch" technology was developed by University of Cambridge engineers in collaboration with Jaguar Land Rover. This technology speeds up the pointing process by using machine intelligence to predict the object on the screen that the user intends to select early on. Furthermore, it makes use of a gesture tracker, which incorporates vision- or RF-based sensors—both of which are seeing an increase in popularity in consumer electronics. It might also be utilized for projections of 3D or 2D holograms, or other displays without a physical surface. It also offers greater design flexibility by promoting inclusive design principles and enabling seamless customization of interface functionality for specific users.
In smartphones, smart TVs, and other consumer electronics, projected capacitive touch technology enables users to pinch, scroll, zoom, and lightly tap. Custom-designed projected capacitive touch screens are swiftly overtaking other options as the preferred high-tech product. Additionally, most touch screens now use the concept of projected capacitance to detect a touch rather than the earlier methods of detecting a difference in electrical resistance or the breakdown of light beams. This generally refers to the capacity of a touch screen to store an electric charge, which is then changed or released in response to the approach of a finger, conductive stylus, or other object. Furthermore, unlike resistive touch screens, capacitive touch screens operate without the need for finger pressure.
The North American touchscreen display market is expected to grow substantially during the projected period, driven by various factors. One key factor is the increasing adoption of touchscreen displays in retail, healthcare, and other sectors, which enhances customer experience and increases operational efficiency. Additionally, advancements in touchscreen technology, such as haptic feedback and pressure sensing, are also driving growth in the market as they enable more immersive and intuitive user experiences. Another important factor is the growing demand for touchscreen displays in the automotive industry, which are used for infotainment systems and other applications.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2022 | US$56.435 billion |
| Market Size Value in 2029 | US$101.751 billion |
| Growth Rate | CAGR of 8.79% from 2022 to 2029 |
| Study Period |
2019 to 2029 |
| Historical Data |
2019 to 2022 |
| Base Year | 2023 |
| Forecast Period | 2024 – 2029 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |
Touch Screen Display Market Segmentation: