Global OLED Display Market to Reach 22% Growth Rate in 4 Years, Report Says
The global OLED display market will reach a compound annual growth rate of nearly 22 percent by 2021, driven by mobile devices, TVs and wearables, said a Technavio report. The three categories made up 86 percent of the market last…
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year, it said. Manufacturers are shifting to OLED production due to falling profitability in LCDs and OLEDs’ low power consumption and consumer preferences for slimmer electronics, it said.