Tablet & Notebook Display Market Research Report–Global Forecast till 2027

Tablets & Notebook Display Market by Product (Tablets, Notebook), Technology (LCD, LED, OLED, AMOLED), Touch Type (Capacitive, Resistive), Display Size (10m inches, 10 to 15 inches), End-User (Consumer, Enterprises), and Region- Forecast till 2027

ID: MRFR/SEM/0673-HCR | February 2021 | Region: Global | 110 pages

Tablet & Notebook Display Market Overview:


During the forecasting period, there is an estimation that the Paperwhite Display Notebooks or Tablets Market will grow at a CAGR of 8%. This growth in the compound annual growth rate has given an expected rise in the market value that reaches up to 28.46 billion US Dollars by 2023. Earlier, in the year 2017, the market value was estimated at 18.47 billion US Dollars.  The prime factor that leads to this growth is the wide range of acceptance of energy-efficient and touch-based devices.


The Global Tablet & Notebook Display Market is at its developing phase and showing a substantial growth rate. This report estimates the growth rate and market value of this market for the period of 2017 to 2023. The report depicts all the dynamic factors responsible for the market growth during the forecasting periods. Technology advancement and requirements of enhanced visualization are the major factors leading to the exponential growth of the Teclast Touch Screen Laptop Market.


Moreover, the wide range of acceptance and use of consumer electronic goods including laptops, tablets, and display notebooks is another leading factor. Increasing demands for all these products are becoming the prime factors in the development of Tablet & Notebook Display Market Growth during the upcoming years.


Covid 19 Analysis:
The covid 19 pandemics have created uncertain situations for all businesses and organizations. The Flip Screen Laptop Tablet Market is one of those markets that was affected by the pandemics. The growing acceptance of the work-from-home norm increased the focus of regional financial companies on designing fiscal measures to keep the touchscreen market afloat during the COVID-19 crisis, shifting production units to less affected areas, and increasing demand for 4K and 8K displays with the abundance of UHD coaxing are all factors driving the growth of the post-COVID-19 display panel market.


Other significant drivers that are expected to enhance market expansion include the growing automotive display industry and a growing focus on the creation of energy-efficient, attractive, and high-end specification display devices using advanced technologies like AMOLED and OLED.


Market Dynamics:
Market dynamics focuses on the key statistics that depict the market status globally. This report covers all the key factors of a market such as drivers, opportunities, restraints, challenges, and cumulative growth analysis.  


Drivers:
The major driving factors that support the ultimate growth of the Tablet & Notebook Display Industry is rising demands for touch-based, display, and energy-efficient devices in the market. The display consists of screens projecting videos, images, and textual forms of information, utilizing several advanced technologies like LCD, LED, AMOLED, and OLED, etc.  These screens are used in several consumer electronic goods such as tablets, laptops, and smartphones as well.


Thus, increasing demands of consumer electronics and acceptances of new technologies becomes another prime driving factor of the market during the forecasting period till 2023. New technological advancements have improved the need for visualizations in several significant verticals like sports, entertainment, electronics, and transports, etc. All these factors combinedly drive the market growth.  


Opportunities:
The increasing demands for display devices including tablets and notebooks are showcasing opportunities to the display production industries. With its rising demands, the manufacturers are getting new opportunities to produce more display devices. According to the Tablet & Notebook Display Market Forecast, there is an estimation of new opportunities in the forthcoming years.  


Worldwide acceptance of AR and VR devices will enhance the market opportunities during the forecasting periods. Overall, the wide range acceptance of foldable displays providing flexibilities increases the production demand. Thus, it increases the opportunities for the manufacturing industries.


Restraints:
Along with the market drivers and upcoming market opportunities, there are some restraining factors included in the Paperwhite Display Notebooks or Tablets Market. The major restraining factor is the involvement of huge costs in manufacturing advanced display technologies including quantum dot displays and transparent displays. Moreover, another reason that restricts the market growth is the stagnant progress of consumer electronic devices such as desktops, laptops, PCs, and smartphones.


Challenges:
Due to the covid 19 pandemics, almost all the nations were forced to impose severe lockdowns to restrict the outbreak of covid 19. This lockdown leads to a decline in the supply chain of the tablets and notebooks in the market. Due to this decline in the supply chain, the manufacturers were facing problems in the production and supply of the devices. Thus, the gap between the demand and supply chain of the products leads to a decline in the Tablet & Notebook Display Market Share.


Cumulative Growth Analysis:
The increasing Tablet & Notebook Display Market Demand and requirements of consumer electronic goods, display devices, and energy-efficient devices lead to substantial market growth. The market value is estimated to reach the value of 28.46 billion US Dollars during the forecasting period. The increasing market values show an ultimate growth rate in the CAGR at 8% as per the Tablet & Notebook Display Market Statistics.


According to the market analysis, the prime factor behind the increasing CAGR is the worldwide use of LCD technology and LCD-based devices. However, the huge manufacturing cost and decline in supplies can restrain the market growth in the future years.


Value Chain Analysis:
The market research depicts that the increasing demands for display devices and advanced technologies will expand the Tablet & Notebook Display Market Size. World wide adoption of LCD-based devices and other consumer electronic goods will also lead to a rising global market during the forecasting periods until 2023.  Technological advancements including the LED technology will boost up the market growth. Some severe factors like limited supply and highly competitive markets can lead to market decline as well.  


Tablet & Notebook Display Market Segment Overview:
The Tablet & Notebook Display Market Facts states that there are several market segmentations included in this development. These are based on product, technology, touch type, display size, and end-users.


By Product:



  • Tablets

  • Laptops

  • Notebooks


By Technology:



  • Liquid Crystal Display (LCD) including TFT and IPS

  • Light Emitting Diode (LED)

  • Organic Light-Emitting Diode (OLED)

  • Active-Matrix Organic Light Emitting Diode (AMOLED)


By Touch Type:



  • Resistive

  • Capacitive


By Display Size:



  • Less than 10 inches

  • 10 to 15 inches

  • More than 15 inches


By End Users:



  • Consumers

  • Enterprises


Tablet & Notebook Display Market Regional Analysis:
According to some Tablet & Notebook Display Market Expert, the global market is expecting substantial growth during the forecasting periods.  The geographical distributions covering the tablets and notebook markets are North America, Asia Pacific, Europe, and the Rest of the World. In the upcoming years, the Asia-pacific region will probably dominate the global market. The growing popularity and wide-range acceptance of display technology in the Asia Pacific regions will boost up the global market.


Competitive Landscape:
This Tablet & Notebook Display Market Analysis covers the details of all the competitive key players in the global market. The new and upcoming industrial sectors are appearing with their innovative ideas and techniques to cover the international market. This is causing rapid competition among all the market key players globally. However, some of the major key players involved in this market are as under:



  • AU Optronics

  • Innolux Corporation

  • SAMSUNG

  • Japan Display

  • Toshiba Corporation

  • LG Displays

  • Sharp corporation

  • Chi Mei Corporation

  • Apple Inc.

  • Tianma Microelectronics


Recent Developments:



  • April 2019: DuPont's OLED business, as well as its R&D and manufacturing capabilities, were acquired by LG Display. The OLED technology employs an inkjet printing method to add a soluble substance to a panel, allowing for the production of high-performing displays at a lower cost and with less waste.

  • May 2019: BOE Technology Group and Himax Technologies announced a partnership in which Himax launched a flexible OLED vehicle display driver and timing controller for BOE Technology Group.

  • August 2019: AU Optronics has unveiled the world's most advanced 8K Ultra-HD display, which has full-area local dimming (FALD) backlighting and peak brightness.

  • November 2019: Two folding clamshell prototypes have been announced by the company Visionox Technology, including a foldable clamshell smartphone and a rollable OLED panel. For this prototype utilizing on-cell technology, a 6.47" AMOLED display was employed.


Report Overview:
This Tablet & Notebook Display Market Report focuses on presenting an all-inclusive analysis of the global market. The past and future estimates are present with all the necessary statistics. Under this report, all the market dynamics, segmentation, developing factors and analysis, market key players, and several other essential details are present. All the details and statistics are gathered from primary sources as well as secondary sources.


Report Details:



  • Historic Period: 2018-2021

  • Base Year: 2021

  • Forecast Period: 2021-2023


Geographic Distributions:



  • Europe

  • North America

  • Asia Pacific

  • Rest of the World



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Frequently Asked Questions (FAQ) :


The worldwide tablets & notebook display market can thrive at 8% CAGR and value USD 28.46 billion by 2023.

Sharp Corporation (Japan), Apple Inc. (US), and Chi Mei Corporation (Taiwan) are some major companies of the tablet &notebook display market.

OLED is the booming display technology, followed by LCD and LED.

Inclination of people towards precise reading can catalyze the growth of tablet &notebook display market.

In 2017, the tablet &notebook display market valued at USD 18.47 billion.

TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Research Objectives

2.2.2. Assumptions & Limitations

2.3. Markets Structure

3. Market Research Methodology

3.1. Research Process

3.2. Secondary Research

3.3. Primary Research

3.4. Forecast Model

4. Market Landscape

4.1. Porter’s Five Forces Analysis

4.1.1. Threat of New Entrants

4.1.2. Bargaining power of buyers

4.1.3. Threat of substitutes

4.1.4. Rivalry

4.1.5. Bargaining Power of Suppliers

4.2. Value Chain/Supply Chain of Tablet & Notebook Display Market

5. Market Overview of Tablet & Notebook Display Market

5.1. Introduction

5.2. Growth Drivers

5.3. Impact Analysis

5.4. Market Challenges

6. Market Trends

6.1. Introduction

6.2. Growth Trends

6.3. Impact Analysis

7. Tablet & Notebook Display Market, by Product

7.1. Introduction

7.2. Tablet

7.2.1. Market Estimates & Forecast, 2020–2027

7.2.2. Market Estimates & Forecast, by Region, 2020–2027

7.3. Notebook/laptop

7.3.1. Market Estimates & Forecast, 2020–2027

7.3.2. Market Estimates & Forecast, by Region, 2020–2027

8. Tablet & Notebook Display Market, by Touch Type

8.1. Introduction

8.2. Capacitive

8.2.1.1. Market Estimates & Forecast, 2020–2027

8.2.1.2. Market Estimates & Forecast, by Region, 2020–2027

8.3. Resistive

8.3.1.1. Market Estimates & Forecast, 2020–2027

8.3.1.2. Market Estimates & Forecast, by Region, 2020–2027

9. Tablet & Notebook Display Market, by End-User

9.1. Introduction

9.2. Consumers

9.2.1.1. Market Estimates & Forecast, 2020–2027

9.2.1.2. Market Estimates & Forecast, by Region, 2020–2027

9.3. Enterprises

9.3.1.1. Market Estimates & Forecast, 2020–2027

9.3.1.2. Market Estimates & Forecast, by Region, 2020–2027

10. Tablet & Notebook Display Market, by Technology

10.1. Introduction

10.2. LCD

10.2.1. TFT

10.2.1.1. Market Estimates & Forecast, 2020–2027

10.2.1.2. Market Estimates & Forecast, by Region, 2020–2027

10.2.2. IPS

10.2.2.1. Market Estimates & Forecast, 2020–2027

10.2.2.2. Market Estimates & Forecast, by Region, 2020–2027

10.3. LED

10.3.1.1. Market Estimates & Forecast, 2020–2027

10.3.1.2. Market Estimates & Forecast, by Region, 2020–2027

10.4. OLED

10.4.1.1. Market Estimates & Forecast, 2020–2027

10.4.1.2. Market Estimates & Forecast, by Region, 2020–2027

10.5. AMOLED

10.5.1.1. Market Estimates & Forecast, 2020–2027

10.5.1.2. Market Estimates & Forecast, by Region, 2020–2027

11. Tablet & Notebook Display Market, by Display Size

11.1. Introduction

11.2. Less than 10 inches

11.2.1.1. Market Estimates & Forecast, 2020–2027

11.2.1.2. Market Estimates & Forecast, by Region, 2020–2027

11.3. 10 to 15 inches

11.3.1.1. Market Estimates & Forecast, 2020–2027

11.3.1.2. Market Estimates & Forecast, by Region, 2020–2027

11.4. More than 15 inches

11.4.1.1. Market Estimates & Forecast, 2020–2027

11.4.1.2. Market Estimates & Forecast, by Region, 2020–2027

12. Tablet & Notebook Display Market, by Region

12.1. Introduction

12.2. North America

12.2.1. Market Estimates & Forecast, by Country 2020–2027

12.2.2. Market Estimates & Forecast, by Product, 2020–2027

12.2.3. Market Estimates & Forecast, by Touch Types, 2020–2027

12.2.4. Market Estimates & Forecast, by End-User, 2020–2027

12.2.5. Market Estimates & Forecast, by Technology, 2020–2027

12.2.6. Market Estimates & Forecast, by Display Size, 2020–2027

12.2.7. US

12.2.7.1. Market Estimates & Forecast, by Product, 2020–2027

12.2.7.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.2.7.3. Market Estimates & Forecast, by End-User, 2020–2027

12.2.7.4. Market Estimates & Forecast, by Technology, 2020–2027

12.2.7.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.2.8. Mexico

12.2.8.1. Market Estimates & Forecast, by Product, 2020–2027

12.2.8.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.2.8.3. Market Estimates & Forecast, by End-User, 2020–2027

12.2.8.4. Market Estimates & Forecast, by Technology, 2020–2027

12.2.8.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.2.9. Canada

12.2.9.1. Market Estimates & Forecast, by Product, 2020–2027

12.2.9.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.2.9.3. Market Estimates & Forecast, by End-User, 2020–2027

12.2.9.4. Market Estimates & Forecast, by Technology, 2020–2027

12.2.9.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.3. Europe

12.3.1. Market Estimates & Forecast, by Country 2020–2027

12.3.2. Market Estimates & Forecast, by Product, 2020–2027

12.3.3. Market Estimates & Forecast, by Touch Types, 2020–2027

12.3.4. Market Estimates & Forecast, by End-User, 2020–2027

12.3.5. Market Estimates & Forecast, by Technology, 2020–2027

12.3.6. Market Estimates & Forecast, by Display Size, 2020–2027

12.3.7. Germany

12.3.7.1. Market Estimates & Forecast, by Product, 2020–2027

12.3.7.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.3.7.3. Market Estimates & Forecast, by End-User, 2020–2027

12.3.7.4. Market Estimates & Forecast, by Technology, 2020–2027

12.3.7.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.3.8. France

12.3.8.1. Market Estimates & Forecast, by Product, 2020–2027

12.3.8.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.3.8.3. Market Estimates & Forecast, by End-User, 2020–2027

12.3.8.4. Market Estimates & Forecast, by Technology, 2020–2027

12.3.8.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.3.9. UK

12.3.9.1. Market Estimates & Forecast, by Product, 2020–2027

12.3.9.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.3.9.3. Market Estimates & Forecast, by End-User, 2020–2027

12.3.9.4. Market Estimates & Forecast, by Technology, 2020–2027

12.3.9.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.4. Asia-Pacific

12.4.1. Market Estimates & Forecast, by Country 2020–2027

12.4.2. Market Estimates & Forecast, by Product, 2020–2027

12.4.3. Market Estimates & Forecast, by Touch Types, 2020–2027

12.4.4. Market Estimates & Forecast, by End-User, 2020–2027

12.4.5. Market Estimates & Forecast, by Technology, 2020–2027

12.4.6. Market Estimates & Forecast, by Display Size, 2020–2027

12.4.7. China

12.4.7.1. Market Estimates & Forecast, by Product, 2020–2027

12.4.7.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.4.7.3. Market Estimates & Forecast, by End-User, 2020–2027

12.4.7.4. Market Estimates & Forecast, by Technology, 2020–2027

12.4.7.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.4.8. India

12.4.8.1. Market Estimates & Forecast, by Product, 2020–2027

12.4.8.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.4.8.3. Market Estimates & Forecast, by End-User, 2020–2027

12.4.8.4. Market Estimates & Forecast, by Technology, 2020–2027

12.4.8.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.4.9. Japan

12.4.9.1. Market Estimates & Forecast, by Product, 2020–2027

12.4.9.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.4.9.3. Market Estimates & Forecast, by End-User, 2020–2027

12.4.9.4. Market Estimates & Forecast, by Technology, 2020–2027

12.4.9.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.4.10. Rest of Asia-Pacific

12.4.10.1. Market Estimates & Forecast, by Product, 2020–2027

12.4.10.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.4.10.3. Market Estimates & Forecast, by End-User, 2020–2027

12.4.10.4. Market Estimates & Forecast, by Technology, 2020–2027

12.4.10.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.5. Rest of the World

12.5.1. Market Estimates & Forecast, by Country 2020–2027

12.5.2. Market Estimates & Forecast, by Product, 2020–2027

12.5.3. Market Estimates & Forecast, by Touch Types, 2020–2027

12.5.4. Market Estimates & Forecast, by End-User, 2020–2027

12.5.5. Market Estimates & Forecast, by Technology, 2020–2027

12.5.6. Market Estimates & Forecast, by Display Size, 2020–2027

12.5.7. Middle East & Africa

12.5.7.1. Market Estimates & Forecast, by Product, 2020–2027

12.5.7.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.5.7.3. Market Estimates & Forecast, by End-user, 2020–2027

12.5.7.4. Market Estimates & Forecast, by Technology, 2020–2027

12.5.7.5. Market Estimates & Forecast, by Display Size, 2020–2027

12.5.8. Latin Countries

12.5.8.1. Market Estimates & Forecast, by Product, 2020–2027

12.5.8.2. Market Estimates & Forecast, by Touch Types, 2020–2027

12.5.8.3. Market Estimates & Forecast, by End-user, 2020–2027

12.5.8.4. Market Estimates & Forecast, by Technology, 2020–2027

12.5.8.5. Market Estimates & Forecast, by Display Size, 2020–2027

13. Company Profiles

13.1. AU Optronics

13.1.1. Company Overview

13.1.2. Product/Business Segment Overview

13.1.3. Financial Updates

13.1.4. Key Developments

13.2. Innolux Corporation

13.2.1. Company Overview

13.2.2. Product/Business Segment Overview

13.2.3. Financial Updates

13.2.4. Key Developments

13.3. SAMSUNG

13.3.1. Company Overview

13.3.2. Product/Business Segment Overview

13.3.3. Financial Updates

13.3.4. Key Developments

13.4. Japan Display

13.4.1. Company Overview

13.4.2. Product/Business Segment Overview

13.4.3. Financial Updates

13.4.4. Key Developments

13.5. Toshiba Corporation

13.5.1. Company Overview

13.5.2. Product/Business Segment Overview

13.5.3. Financial Updates

13.5.4. Key Developments

13.6. LG Displays

13.6.1. Company Overview

13.6.2. Product/Business Segment Overview

13.6.3. Financial Updates

13.6.4. Key Developments

13.7. Sharp corporation

13.7.1. Company Overview

13.7.2. Product/Business Segment Overview

13.7.3. Financial Updates

13.7.4. Key Developments

13.8. Chi Mei Corporation

13.8.1. Company Overview

13.8.2. Product/Business Segment Overview

13.8.3. Financial Updates

13.8.4. Key Developments

13.9. Apple Inc.

13.9.1. Company Overview

13.9.2. Product/Business Segment Overview

13.9.3. Financial Updates

13.9.4. Key Developments

13.10. Tianma Microelectronics

13.10.1. Company Overview

13.10.2. Product/Business Segment Overview

13.10.3. Financial Updates

13.10.4. Key Developments

14. Conclusion


LIST OF TABLES

Table1 Global Tablet & Notebook Display Market, By Country, 2020-2027

Table2 North America: Tablet & Notebook Display Market, By Country, 2020–2027

Table3 Europe: Tablet & Notebook Display Market, By Country, 2020–2027

Table4 Asia-Pacific: Tablet & Notebook Display Market, By Country, 2020–2027

Table5 Latin America: Tablet & Notebook Display Market, By Country, 2020–2027

Table6 North America: Tablet & Notebook Display Market, By Country

Table7 North America: Tablet & Notebook Display Market, By Product

Table8 North America: Tablet & Notebook Display Market, By Touch Types

Table9 North America: Tablet & Notebook Display Market, By End-user

Table10 North America: Tablet & Notebook Display Market, By Technology

Table11 North America: Tablet & Notebook Display Market, By Display Size

Table12 Europe: Tablet & Notebook Display Market, By Country

Table13 Europe: Tablet & Notebook Display Market, By Product

Table14 Europe: Tablet & Notebook Display Market, By Touch Types

Table15 Europe: Tablet & Notebook Display Market, By End-User

Table16 Europe: Tablet & Notebook Display Market, By Technology

Table17 Europe: Tablet & Notebook Display Market, By Display Size

Table18 Asia-Pacific: Tablet & Notebook Display Market, By Country

Table19 Asia-Pacific: Tablet & Notebook Display Market, By Product

Table20 Asia-Pacific: Tablet & Notebook Display Market, By Touch Types

Table21 Asia-Pacific: Tablet & Notebook Display Market, By End-User

Table22 Asia-Pacific: Tablet & Notebook Display Market, By Technology

Table23 Asia-Pacific: Tablet & Notebook Display Market, By Display Size

Table24 Middle East & Africa: Tablet & Notebook Display Market, By Country

Table25 Middle East & Africa: Tablet & Notebook Display Market, By Product

Table26 Middle East & Africa: Tablet & Notebook Display Market, By Touch Types

Table27 Middle East & Africa: Tablet & Notebook Display Market, By End-User

Table28 Middle East & Africa: Tablet & Notebook Display Market, By Technology

Table29 Middle East & Africa: Tablet & Notebook Display Market, By Display Size

Table30 Latin America: Tablet & Notebook Display Market, By Country

Table31 Latin America: Tablet & Notebook Display Market, By Product

Table32 Latin America: Tablet & Notebook Display Market, By Touch Types

Table33 Latin America: Tablet & Notebook Display Market, By End-User

Table34 Latin America: Tablet & Notebook Display Market, By Technology

Table35 Latin America: Tablet & Notebook Display Market, By Display Size

LIST OF FIGURES

Figure 1 Global Tablet & Notebook Display Market segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of Global Tablet & Notebook Display Market

Figure 4 Value Chain of Global Tablet & Notebook Display Market

Figure 5 Share of Tablet & Notebook Display Market in 2020, by country (in %)

Figure 6 Global Tablet & Notebook Display Market, 2020–2027

Figure 7 Share of Global Tablet & Notebook Display Market by Industry, 2020–2027

Figure 8 Global Tablet & Notebook Display Market Size, by Product, 2020

Figure 9 Share of Global Tablet & Notebook Display Market, by Product, 2020–2027

Figure 10 Global Tablet & Notebook Display Market Size, by Touch Types, 2020

Figure 11 Share of Global Tablet & Notebook Display Market, by Touch Types, 2020–2027

Figure 12 Global Tablet & Notebook Display Market Size, by End-User, 2020

Figure 13 Share of Global Tablet & Notebook Display Market, by End-User, 2020–2027

Figure 14 Global Tablet & Notebook Display Market Size, by Technology, 2020

Figure 15 Share of Global Tablet & Notebook Display Market, by Technology, 2020–2027

Figure 16 Global Tablet & Notebook Display Market Size, by Display Size, 2020

Figure 17 Share of Global Tablet & Notebook Display Market, by Display Size, 2020–2027