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Report DescriptionAbout IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
Global Multi-touch Screen Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled " Multi-touch Screen Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
," the global multi-touch screen market size reached US$ 11.8 Billion in 2022.
A multi-touch screen is a display device that simultaneously senses and responds to multiple gestures on a single screen. It includes an application-specific integrated circuit (ASIC), a capacitive touch sensor, a controller, and a digital signal processor (DSP) to define the position of the touch and determine the location and pattern of touches on the screen.
It also includes numerous software and hardware integrations such as sensors, sensing methods, display support, and calibration systems to create interactive experiences. In addition, it is easy, faster, and convenient to use, and offers improved functionality. As a result, multi-touch screens are widely adopted in retail, government, media, education, and consumer electronics sector across the globe.
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Global Multi-touch Screen Market Trends:
The market is primarily driven by rising digitization and the escalating demand for personal computers and smartphones. In addition, the surging sales of consumer electronics, such as laptops, television (TV), gaming systems, and tablets, is contributing to the market growth. Moreover, the growing use of various technologies, such as capacitive, infrared, acoustic, resistive, and optical, represents another major growth-inducing factor. Along with this, the increasing use of multi-touch screen displays in retail and media applications for branding purposes and customer engagement is propelling market growth.
Besides, the introduction of flexible touchscreen panels and the rising disposable income of consumers are fueling the market growth. Furthermore, extensive research and development (R&D) activities conducted by key players to improve the sensitivity of touch sensors and the growing popularity of the latest technologies are also creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 25.4 Billion by 2028, exhibiting a CAGR of 13.07% during the forecast period (2023-2028).
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