India Touchscreen Display Market to Cross $1.9 Billion by 2021: TechSci Research Study
NEW YORK, August 29, 2016 /PRNewswire/ --
Rising use of touchscreen in different display devices and increasing government initiatives such as Digital India and Smart City to drive sales of touchscreen displays through 2021
According to TechSci Research report "India Touchscreen Display Market By Technology, By Type, By Application, By End User, Competition Forecast and Opportunities, 2011 - 2021", the touchscreen display market in India is projected to surpass $1.9 billion by 2021, on account of anticipated growth in use of touchscreen displays in various devices such as POS, ATMs, Centre Information Displays (CIDs), digital kiosks, Smartphone's, etc. Moreover, growing internet user base in the country, which is expected to increase from 223.44 million in 2015 to 494.70 million by 2021, is anticipated to fuel demand for touchscreen displays in India over the next five years.
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Browse 22 market data Tables and 32 Figures spread through 138 Pages and an in-depth TOC on
"India Touchscreen Display Market"
India touchscreen display market was dominated by LCD type touchscreen displays in 2015 and the segment is anticipated to continue its dominance in the coming years, owing to growing application of LCD technology in various end use sectors. The smartphones segment is the largest demand generator for touchscreen displays in India, on account of consistently increasing number of touchscreen smartphone users in the country. Smartphone user base in India is anticipated to grow from 166 million in 2015 to over 300 million by 2021. Consequently, smartphone segment is anticipated to continue its dominance in India touchscreen display market during the forecast period.
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"Rising adoption of touchscreen devices by various business segments such as consumer electronics, industrial, automotive and healthcare is projected to augur well for India touchscreen display market through 2021. Additionally, growing demand for embedded touchscreen displays that offer easy implementation of interface along with the provision of enhanced features such as smooth touch screen and Graphical User Interface. Embedded touchscreen displays are being extensively used in medical equipment, digital watches, gaming consoles and ATM machines, and this trend is expected to gain more traction in the coming years." said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"India Touchscreen Display Market By Technology, By Type, By Application, By End User, Competition Forecast and Opportunities, 2011 - 2021", has analyzed the potential of touchscreen display market in India, and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes emerging trends along with essential drivers and key challenges in the touchscreen display market in India.
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