The article cited AMA's "Global Smartphone Display Driver Market Study" explored CAGR of %. According to the report, Increasing Adoption of OLED and Flexible Displays in Smartphones is one of the primary growth factors for the market. Increasing Demand for Smartphones
is also expected to contribute significantly to the Smartphone Display Driver market. Overall, Chip-On-Glass
applications of Smartphone Display Driver, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Display Device, such as LCD, is boosting the Smartphone Display Driver market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Smartphone Display Driver market identified that the demand is rising in many different parts of the world as "Growth in Device Drivers Due to Demand for Full-View Displays in Smartphones
". Furthermore, some recent industry insights like "In April 2019, MagnaChip Semiconductor Corporation announced that it has launched the 28-nanometer (nm) OLED DDIC for smartphone displays.MagnaChip's new 28nm OLED DDIC achieves a form factor reduction that is 20 percent smaller than that of the previous 40nm process and is suitable for smartphones and other mobile devices, where small size and thinness are critical factors." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Smartphone Display Driver market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smartphone Display Driver market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Smartphone Display Driver market size is calculated using market estimation process, the Smartphone Display Driver market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smartphone Display Driver market size has been validated using both top-down and bottom-up approaches.