NEWS CENTER
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vb2m3f/global_touch) has announced the addition of the "Global Touch Controller IC Market 2015-2019" report to their offering.
According to the report, touch screens are becoming ubiquitous in many devices. Earlier, only smartphones and tablets were introduced with touch-enabled screens, but now many electronic devices have touch screens. The increase in demand for touch screen devices is expected to be profitable for the touch controller IC vendors.
Commenting on the report, an analyst from the team said: One of the key trends in the market is the emergence of flexible displays, which will be adopted for the majority of applications. Among the various applications, smartphones are likely to be the first to have flexible displays, followed by tablets, TVs, and smartwatches. Apart from TVs, all the other devices will be touch enabled, which will create demand for touch controller ICs and this will fuel market growth. However, there are issues related to the encapsulation of flexible displays constraining mass production, but increasing R&D investments by vendors will tend to reduce the impact of this issue.