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By Product: NTE devices to propel market growth in the forecasted year.

The NTE devices held the major market share of the microdisplay market in 2028. NTE devices include cameras/EVFs and Head Mounted Display (HMDs). These devices are compact, lightweight and portable. They are equipped with microdisplays to point at the elements that will be viewed or recognized. Microdisplays are currently more in demand for usage in applications involving cameras and electronic viewfinders (EVFs) than HMDs. AR Head Mounted Displays (HMDs) have been used for prehospital care, clinical nursing care, and hospital medical therapy. While VR HMDs offer users computer produced experiences within simulated worlds, AR HMDs use microdisplays to miniaturize devices and improve power efficiency. VR HMDs are used in the gaming and entertainment, healthcare, retail, and eCommerce industries.

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