Blockchain Press Releases
Rapid Expansion of Transparent Display Market Predicted to Reach USD 17.1 Billion by 2028, Fueled by a Robust CAGR of 44.5%, According to Competitor Analysis in the Technology Sector
NEW YORK, July 17, 2023 /PRNewswire/ — As per Facts and Factors study, the global transparent display market size was worth around USD 1.3 billion in 2021 and is predicted to grow to around USD 17.1 billion by 2028 with a compound annual growth rate (CAGR) of roughly 44.5% between 2022 and 2028.
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Transparent Display Market: Overview
A see-through display sometimes referred to as a transparent display, is an electronic screen that enables users to see through it while still allowing them to see what is displayed on it. Digital signs, virtual or augmented systems, head-up displays, and general large-scale spatial light manipulation are all examples of applications for this type of display.
They differ from image-combination technologies, which produce visually comparable effects by visually fusing a variety of images in the field of view. Transparent displays are more adaptable than combination-based systems because they embed the screen’s active matrix in the field of vision.
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- Facts and Factors Methodology
Key Industry Insights & Findings of the Transparent Display Market Reports:
- As per the analysis, the transparent display market share is likely to grow above a CAGR of around 44.5% between 2022 and 2028.
- The transparent display market size was worth around USD 1.3 billion in 2021 and is estimated to hit approximately USD 17.1 billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on technology, the OLED segment is expected to hold the largest market share during the forecast period.
- Based on the display size, the small & medium segments accounted for the largest revenue share in 2021.
- Based on vertical, the healthcare segment is expected to grow at the highest CAGR during the forecast period.
- Based on region, the Asia Pacific is projected to hold the largest market share during the forecast period.
Facts and Factors published the latest report titled “Transparent Display Market Size, Share, Growth Analysis Report By Technology (LCD, OLED, and Others), By Display Size (Small & Medium, and Large), By Resolution (Ultra HD, Full HD, HD, and Others), By Product (HMD, HUD, Digital Signage, and Smart Appliance), By Vertical (Consumer, Retail & Hospitality, Sports & Entertainment, Aerospace & Defense, Healthcare, Automotive & Transportation, Industrial, and Others), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” into their research database.
Transparent Display Market: Growth Drivers
Modern sophisticated technologies are developing more quickly, with each technology being replaced by a new one. Major issues with device shrinking were resolved by the transparent display. The creation of transparent displays is made possible by the limited area of screen-based displays. The presence of significant manufacturers and rising R&D expenditures on technology and product development by research universities and significant manufacturers are responsible for the growth of the transparent display industry.
Samsung has stated that it will invest $11 billion in next-generation displays in 2019. Similar to this, LG has promised to make significant investments in the advancement of this technology. Thus, these investments propel the market growth during the forecast period.
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Global Transparent Display Market: Segmentation Overview
The global transparent display market is segmented based on technology, display size, resolution, product, vertical, and region.
- OLED sector is anticipated to have the biggest market share
The global market is divided into LCD, OLED, and other segments based on technology. During the projected period, the OLED sector is anticipated to have the biggest market share. Compared to LCD, OLED has a simpler structure and offers greater picture quality and form factor. OLED performs better and is more flexible and thinner. The color range is already broad, in contrast to the artificial changes made by LCDs. The contrast ratio and picture response time are also excellent. Due to these qualities, OLED swiftly became the preferred technology to replace LCDs. OLED display technology is thus likely to have a significant positive impact on the transparent display industry throughout the foreseeable timeframe.
The global transparent display market is divided into small, medium, and large segments based on display size. The small and medium-sized business category had the biggest revenue share in 2021, and it is anticipated that it will continue to dominate the market over the coming years. Because of their small size, low power consumption, and high brightness, they have become an essential component of several devices, such as head-mounted display (HMD) systems and heads-up display (HUD) systems. The rise of the transparent display market is being driven by the increasing usage of AR HMDs in industrial, military, defense, aerospace, and medical applications as well as their connectivity between virtual objects and reality. Therefore, there is potential for a transparent display to expand at a rapid rate in the future due to the growing use of the transparent display for different small and medium-sized goods, such as HMDs and HUDs.
- Healthcare segment is anticipated to expand at the greatest CAGR throughout the forecast period
The market is divided into consumer, retail & hospitality, sports & entertainment, aerospace & defense, healthcare, automotive & transportation, industrial, and other segments based on vertical. The industry segment for healthcare is anticipated to expand at the greatest CAGR throughout the forecast period. Because of the increasing number of technological advancements in the healthcare industry, transparent displays are being employed more frequently in situations like surgery and patient check-ups. Transparent displays are used to assist surgeons during essential surgeries. Additionally, many companies and research organizations are developing these displays for a range of functions, and the healthcare industry is growing considerably year over year. The Industrial Technology Research Institute (ITRI) developed a surgical navigation system with a transparent display in 2021 to lessen the risk of surgery. To address the demands of preoperative communication and intraoperative navigation, this system offers high-precision direct view type virtual-real fusion picture information. Future applications for this include smart surgery and medical education. Thus, these factors influence segment growth during the forecast period.
Recent Developments:
- In November 2020, a 55-inch transparent OLED display module has been released by Panasonic. The new Panasonic device has a transparent OLED display screen that is self-illuminating and does not require a backlight.
- In December 2020, LG partnered with Assa Abloy to supply transparent OLED automatic doors. The product combines LG’s 55-inch transparent organic light-emitting diode (OLED) signage and related software with the automated glass sliding doors of Assa Abloy.
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Competitive Players
The report contains qualitative and quantitative research on the global Transparent Display Market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global Transparent Display market include;
- Planar Systems Inc.
- Pro Display
- Crystal Display Systems Ltd.
- LG Electronics Inc.
- Panasonic Corporation
- BenQ Corporation
- Clear LED
- Kent Optronics Inc.
- NEC Display Solutions Ltd.
- Universal Display Corporation
- Evoluce GmbH
- Globus Infocom Ltd.
- Hangzhou Hikvision Digital Technology Co. Ltd.
- Japan Display Inc.
Key questions answered in this report:
- What is the growth rate forecast and market size for Transparent Display Market?
- What are the key driving factors propelling the Transparent Display Market forward?
- What are the most important companies in the Transparent Display Market Industry?
- What segments does the Transparent Display Market cover?
- How can I receive a free copy of the Transparent Display Market sample report and company profiles?
Report Scope:
|
Report Attribute |
Report Details |
|
Market Size in 2021 |
USD 1.3 Billion |
|
Market Forecast in 2028 |
USD 17.1 Billion |
|
Growth Rate |
CAGR of 44.5% |
|
Base Year |
2021 |
|
Forecast Years |
2022- 2028 |
|
Key Companies Covered |
Planar Systems Inc., Pro Display, Crystal Display Systems Ltd., LG Electronics Inc., Panasonic Corporation, BenQ Corporation, ClearLED, Kent Optronics Inc., NEC Display Solutions Ltd., Universal Display Corporation, Evoluce GmbH, Globus Infocom Ltd., Hangzhou Hikvision Digital Technology Co. Ltd., Japan Display Inc., and others. |
|
Segments Covered |
By Technology, Display Size, Resolution, Product, Vertical, and Region |
|
Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
|
Customization Scope |
Avail customized purchase options to meet your exact research needs. |
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Regional Analysis:
The Asia Pacific region is expected to dominate the global transparent display market during the forecast period. The growth in the region is attributed to the increasing demand for transparent displays in various end-user such as automotive, where these displays are used as a windshield, retail shops, where these eye-catching displays are used for better advertisements, and others.
As automakers progressively incorporate cutting-edge technology into vehicles, the rise of the automotive industry, particularly the electric car, is anticipated to generate a favorable market environment for the transparent display market. The largest EV manufacturer, China, is anticipated to continue to be a key driver of transparent display demand.
Global Transparent Display Market is segmented as follows:
By Technology
- LCD
- OLED
- Others
By Display Size
- Small & Medium
- Large
By Resolution
- Ultra HD
- Full HD
- HD
- Others
By Product
- HMD
- HUD
- Digital Signage
- Smart Appliance
By Vertical
- Consumer
- Retail & Hospitality
- Sports & Entertainment
- Aerospace & Defense
- Healthcare
- Automotive & Transportation
- Industrial
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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Blockchain Press Releases
Blockchain for Good Alliance Hosts Web3 Oscar, Celebrating Innovators Advancing UN’s Sustainable Development Goals
DUBAI, UAE, Nov. 14, 2024 /PRNewswire/ — The highly anticipated Web3 Oscar, a prestigious event hosted by the Blockchain for Good Alliance (BGA), celebrating blockchain projects driving real-world impact aligned with the UN’s 17 Sustainable Development Goals (SDGs). Industry leaders gathered in Bangkok to honour innovators shaping a sustainable future.
The event was part of BGA’s November lineup, featuring two major initiatives for global change through blockchain: the Sustainable Innovation Summit and the Web3 Oscar Awards.
Sustainable Innovation Summit: A Hackathon for Social Impact
Held from September 9 to November 11, 2024, the Sustainable Innovation Summit hosted a hackathon with a $100,000 prize pool, inviting participants worldwide to create blockchain solutions addressing key issues such as poverty, clean water access, and gender equality. The summit concluded with a Demo Day at the Grand Hyatt Erawan in Bangkok, where finalists showcased their projects to blockchain pioneers, investors, and industry leaders, with opportunities for incubation support and equity-free funding.
Rising Stars
In a cinematic presentation style, 10 shortlisted projects from across the globe, participating in the Sustainable Innovation Summit’s 17 SDGs Challenge, took the stage. Each team presented their blockchain solutions to address sustainability challenges, telling the story of a “hero” confronting a global crisis (one of the 17 SDGs), with blockchain as the “tool” they wield for change.
Winners for the 17 SDGs Challenge:
- 1st Place: Grand Social Impact Award 🥇 EthicHub
- 2nd Place: Outstanding Social Innovation Award 🥈 Plastic Odyssey
- 3rd Place: Emerging Impact Award 🥉 ResearchHub
Rising Star Awards (top 10 projects, in no specific order):
- Wavy Health
- LAKE (LAK3)
- KulaDAO
- erable°
- arkreen
- UCO Network
- Edu3Labs
Web3 Oscar Awards: Honouring Leaders in Blockchain for Social Good
Coinciding with the hackathon’s Demo Day on November 11, the BGA Web3 Oscar Award recognizes individual contributions to blockchain for social good across three categories, with up to 7 total winners.
Each category highlights individual efforts aligning with BGA’s mission.
The Collaboration Bridge Award honours individuals who have played a vital role in guiding the strategic direction of the Blockchain for Good Alliance (BGA). This year’s recipients are:
- Harn, CEO of Trigger Asset Management
- Mariana de la Roche Wills from INATBA (International Association for Trusted Blockchain Applications) and de la Roche W. Consulting
The Public Welfare Contribution Award celebrates individuals who have harnessed #BlockchainForGood. This award was presented to:
- BreeAnne Yek, Consultant at The Verdant Room
- Milica Dimitrijevic from Positiveblockchain.io
These individuals have demonstrated remarkable dedication, guidance, and pioneering work, significantly advancing the mission of the Blockchain for Good Alliance (BGA) in promoting sustainable development through blockchain technology.
In her closing remarks, Helen Liu, Co-founder and COO of Bybit and founder of BGA, explained how blockchain can bring people together to make a real difference worldwide. Her vision for leveraging blockchain to create worldwide impact was both inspiring and forward-thinking.
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.
For more information
Email: [email protected]
Website: www.blockchainforgood.xyz
Twitter: www.twitter.com/chainforgood
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