MarketsandMarkets Presents

Rising demand for OLED based industrial IoT displays to drive technology segment

The OLED segment is expected to record the highest CAGR during the forecast period. OLED displays are still emerging in the industrial sector and are mostly offered in smaller panel sizes. However, this technology is evolving rapidly, and manufacturers like Samsung Display (South Korea) and LG Display (South Korea) have already showcased IP65-rated OLED video walls for advertising. With further development in the reliability of large-panel OLED displays, more applications, particularly digital signage and imaging, are expected to open for this technology in consumer and industrial applications.