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SAN FRANCISCO, CA--(Marketwired - Mar 14, 2016) - The electronic display market size is expected to reach USD 733.7 billion by 2022, according to a new report by Grand View Research, Inc. Surge in demand for electronic displays in a number of applications including consumer electronics, digital signage, and automation, is expected to drive the market over the forecast period. Growing demand for screens equipped with high-resolution displays is anticipated to drive growth for mobile devices such as smartphones and tablets.
Growing adoption of 3G and 4G communication technologies owing to their affordability, along with the availability of Wi-Fi in private as well as commercial spaces has positively impacted the popularity of video streaming, thereby opening new avenues for market growth.
There have been significant advances in electronic display technologies over the past few years. Cathode ray tubes were prominently used in the electronic display market for several years until they were replaced by more advanced plasma, LCD, and LED display technologies.
Browse full research report with TOC on "Electronic Display Market Analysis by Product (Systems, Tags), and Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/electronic-displays-market
LED and OLED displays experienced high market penetration over the last few years, and are expected to witness similar trends over the forecast period. Flourishing mobile commerce and gaming markets have resulted in growing demand for smartphones and tablets with high-resolution screens.
However, manufacturer responsibilities have increased due to the enforcement of the Restriction of Hazardous Substances (RoHS) and Waste Electronics and Electrical Equipment (WEEE) standards. The standard intends on decreasing the amount of hazardous e-waste, which may negatively impact the environment.
Further key findings from the study suggest:
Grand View Research has segmented the global electronic display market on the basis of technology, application, end-use and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.