What is Multi Touch Technology Market?
Multi-touch technology is usually based on capacitive touch technology rather than resistive touch technology. The multi-touch technology offers an alternative to a conventional keyboard or mouse. This technology is experiencing increasing demand due to the increasing use of devices equipped with multi-touch. Tablets, smartphones, and other consumer electronics products are now equipped with multi-touch technology. The increasing use of intelligent electronic displays such as smartphones, tablets, and laptops has a predominant share of these products in the market for multi-touch technologies. The growing focus on multi-user displays such as vertical screens and multi-touch tablets enables the market to grow. These devices help multiple users to work together on a single device. The rise of digitization and the increasing sales of smartphones and PCs have created a potential space for multi-touch technology on the world market.
The market study is being classified by Type (Smartphones, Tablets, PCs and Laptops, Kiosks and Other), by Application (Personal Use and Enterprise Use) and major geographies with country level break-up.
3M Company (United States), A D Metro Inc. (Canada), DMC Co. Ltd. (Italy), Dongguan Cloudtop Electronic Technology Co. Ltd. (China), Fujitsu Limited (Japan), GestureTek (United States), Ideum (United States), Panasonic Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea) and TouchNetix Limited (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asian Players will contribute to the maximum growth of Global Multi Touch Technology market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Multi Touch Technology market by Type, Application and Region.
On the basis of geography, the market of Multi Touch Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Increasing Utilization of Smart Electronics Displays
- The Growing Focus on Multi-User Displays
- Increasing Usage of Consumer Electronics
- Rapid Urbanization and an Increase in the Disposable Income of the People
Market Trend
- A Surge in Usage of Interactive Screens in Commercial Application
- Rise In Trend of Retail & Media Applications, and Surge In Investment from Corporate Users
- Growing Awareness about the Internet of Things (IoT)
Restraints
- The High Cost of Touch Screen Panels
Opportunities
- The Surge in Investment for Multi-Touch Screen Displays For Emerging Applications
- Advancements in Display Technology
Challenges
- Lack of Availability of Raw Material
In February 2018 Panasonic Corporation had launched “ShadowSense”, which is a high-end multi-touch interactive display technology for the purpose of enhancing its product offering in the multi-touch technology market.
Key Target Audience
Providers of Multi-Touch Technology, Suppliers and Distributors of Multi-Touch Technology, End-Users, Potential Investors, Market Research Firms and Others