Wearable Display market share research by applications and regions for 2018-2024

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Wearable Display Market Share, Segmentation,
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Overview of Wearable Display Market

• The healthcare sector is the most dominating
  segment in the wearable display market as it
  accounts for the high market attractiveness and
  usage. With the growth in the wearable display
  market, it is expected that the healthcare
  industry will experience large benefits. These
  devices are very helpful and useful in tracking
  calories, exercise, and various health measures.
  With an increase in various health problems and
  diseases, it becomes very important to have a
  regular track of the various health parameters to
  stay healthy and disease-free. The demand for
  these health bands and wearables is a major
  driver for the growth of this market.
• Wearable Display Market size is anticipated to
  grow substantially over the forecast time span
  owing to growing usage of flexible OLED displays
  in smart wearable devices and the increasing
  adoption of Augmented Reality (AR) and Virtual
  Reality (VR) headsets. Growing demand for OLED
  displays has forced the manufacturers to develop
  and adopt this technology in wearables. These
  displays offer various advantages such as sharp
  color performance, excellent contrast, and better
  viewing angles.

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• Growing popularity of IoT services and connected
  devices has forced the manufacturers to provide
  consumers with this feature in wearables. IoT
  solutions are in enormous demand among the
  consumers and this demand is driving the need for
  these services in various devices. These demands
  are captured by the manufacturers, allowing them
  to cater to a wide market of IoT services and
  ensuring the growth of the wearable display
  market. The growth of these services in the
  market will enhance the development of this
  industry.
• With the advent and incorporation of new
  technologies, features, and functions into smart
  wearables, the prices of the devices will grow
  substantially high, thereby hindering the
  wearable display market growth. This makes it
  difficult for the consumers to afford the
  products at these prices. This untapped market
  can be explored by the manufacturers through the
  introduction of new technologies with lesser
  manufacturing costs and prices. Fluctuations in
  the average selling prices of the OLED-based
  display are also affecting the cost of
  manufacturing of these components, which will
  affect the market prices of the wearable products
  and account for the variability in demands.

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• OLED display technology is growing in demand and
  has acquired a vast share in the wearable display
  market. Many smart bands and fitness watches
  adopt PMOLED displays, offering smaller size,
  greater contrast, and higher efficiency. More
  advanced and sophisticated watches use AMOLED
  displays, offering better resolution and high
  performance. This technology is also used in AR
  VR devices, offering high image quality, power
  efficiency, and fast refresh rate. The growth in
  the demand for OLED displays in smartwatches,
  high specification display products,
  technological shift development of
  energy-efficient products are the major factors
  responsible for the growth of the market size and
  market attractiveness of the wearable display
  market.
• The Asia Pacific wearable display market is
  expected to grow rapidly over the forecast
  timespan. Applications in various sectors such as
  healthcare, consumer electronics, industrial
  military are contributing to the growth of the
  wearable display market. This region consists of
  several manufacturers, which are implementing the
  latest technologies by adopting various market
  strategies such as product differentiation,
  market segmentation, and market positioning.
  There is a high availability of manufacturers and
  suppliers in this region, which is increasing the
  higher production and demand for these devices.
  This region consists of both developed and
  developing countries, where major adoptions of
  new technologies can be witnessed. Also, a high
  demand for smartphones and rising internet
  mobility in the region account for the growth in
  the wearable display market over the forecast
  period.

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• Key players in wearable display market are LG
  Display, AU Optronics, Samsung Electronics, Japan
  Display, BOE Technology, Tianma Electronics,
  Truly Semiconductors, Hannstar Display, Kopin
  Corporation, Sharp, Apple, Inc., Fitbit, Inc.,
  Qualcomm Technologies, Sony Corporation, Adidas
  Group, Misfit, Inc., Xiomi Technology Co., Ltd.,
  Garmin Ltd., and LifeSense Group B.V. These
  players are the major competing companies in the
  industry. They are adopting various strategies
  and techniques to acquire the customers and
  managing their share in the wearable display
  market. In August 2018, Samsung Electronics
  launched Galaxy Watch with OLED display covered
  with Gorilla Glass DX built particularly for
  wearables. The displays are waterproof,
  sweatproof, and scratch-resistant, allowing them
  to be used as workout assistants.

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Methodology

• Market
  research reports Key analytical components

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