Current excitements regarding the global emerging display technology market

With Technavio, one can observe that, the global emerging display technology market was valued at USD 13.73 billion in 2016 and is expected to reach USD 40.87 billion by 2021, growing at a CAGR of 24.38% during the forecast period. Factors such as inherent advantages of OLED displays drive the market. Several benefits of OLED display such as low power consumption, eco-friendliness, bright picture, and flexibility have prompted manufacturers to adopt OLED technology across various devices. There is growing adoption of OLED in mobile devices such as smartphones and tablets, which will be a major factor for the growth of the market.