India Touchscreen Display Market to Cross $1.9 Billion by 2021
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.
Browse 22 market data Tables and 32 Figures
spread through 138
Pages and an in-depth TOC on "India Touchscreen Display Market"
https://www.techsciresearch.com/report/india-touchscreen-display-market-by-technology-capacitive-resistive-etc-by-type-lcd-led-etc-by-application-smartphones-tablets-etc-by-end-user-consumer-electronics-retail-etc-competition-forecast-and-opportunities-2011-2021/766.html
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.
TechSci Research
TechSci Research is a leading
global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
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