Multi-Touch Technology Global Market Outlook (2015-2022)

Bharat Book Bureau provides the report, on “Multi-Touch Technology Global Market Outlook (2015-2022)”. In this report this new study examines China's economic trends, investment environment, industry development, supply and demand. https://www.bharatbook.com/technology-market-research-reports-750336/multi-touch-technology.html

16th March, 2016- Mumbai, India: Bharatbook.com announces a report on “Multi-Touch Technology Global Market Outlook (2015-2022)”. This Report Interviews are conducted with Chinese industry experts, university professors, and producers in China.

The Global Multi-Touch Technology market is valued at $4.64 billion in 2015 and is expected to grow at a CAGR of 16.2% to reach $13.29 billion by 2022. The factors that are favoring the market growth include growing mobile phone market, increasing multi-touch applications and increasing corporate buyers. However, factors such as shortage of indium-tin-oxide and average cost are hindering the growth of multi-touch technology market. Multi touch devices with gesture recognition technology and emerging applications in advertising and retail are the future opportunities involved.

Multi-touch allows two or more fingers to be used on the touchscreen at a time. Apple is considered the pioneer of multi-touch technology on mobile phones with their first iPhone. The maximum share of the multi-touch technology market is contributed by consumer electronic products. In 2014, North America accounted for about 40% of global sales and is likely to grow at a CAGR of 10.8% during the forecast period. Asia Pacific is expected to witness high growth rate strongly driven by the emerging markets such as China and India.

Some of the key players in the global market include Apple Inc., Fujitsu Limited, Panasonic Corporation, Microsoft Corporation, Google Inc., Hewlett-Packard Co., Samsung Electronics Co. Ltd., Planar Systems Inc., 3M Co., Wintek Corporation, Immersion Corporation, Alps Electric, Cypress...