COVID-19 Impacts: Touch Controller IC Market will Accelerate at a CAGR of over 15% through 2020-2024 | Rising Adoption Of Touch Screen In Retail Sector to Boost Growth | Technavio
Technavio has been monitoring the touch controller IC market and it is poised to grow by USD 6.67 bn during 2020-2024, progressing at a CAGR of over 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Touch Controller IC Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Analog Devices Inc., Cypress Semiconductor Corp., FocalTech Systems Co. Ltd., MELFAS Inc., Microchip Technology Inc., ROHM Co. Ltd., Semtech Corp., Silicon Laboratories (News - Alert) Inc., Synaptics Inc., and Texas Instruments Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising adoption of touch screens in the retail sector has been instrumental in driving the growth of the market.
Touch controller IC market 2020-2024 : Segmentation
Touch controller IC market is segmented as below:
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Touch controller IC market 2020-2024 : cope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our touch controller IC market report covers the following areas:
This study identifies emerging flexible displays as one of the prime reasons driving the touch controller IC market growth during the next few years.
Touch controller IC market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the touch controller IC market, including some of the vendors such as Analog Devices Inc (News - Alert)., Cypress Semiconductor Corp., FocalTech Systems Co. Ltd., MELFAS Inc., Microchip Technology Inc., ROHM Co. Ltd., Semtech Corp., Silicon Laboratories Inc., Synaptics Inc., and Texas Instruments (News - Alert) Inc. Backed with competitive intelligence and benchmarking, our research reports on the touch controller IC market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Touch controller IC market 2020-2024 : Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Product
Drivers, Challenges, and Trends
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