Touch Screen Module Revenue Forecast to Reach $14B by 2016

Touch Screen Module Revenue Forecast to Reach $14B by 2016

Mobile Phones Ranked Top Application for Touch Screens on Unit Basis, While Mini-Note PC/Slate PCs Emerge as New Growth Segment
Santa Clara, CALIF., July 1, 2010—In its recently released 2010 Touch Panel Market Analysis, DisplaySearch reported that total touch screen module revenue will grow from $4.3 billion in 2009 to nearly $14 billion by 2016, a compound annual growth rate of 18%.

“Touch screen penetration is rapidly increasing in portable devices like mobile phones, media players and navigation units.Over the next several years, touch screens will undergo strong growth in large-size applications such as all-in-one PCs, mini-note/slate PCs, education/training, and kiosks for point of information and self-check in,” notedJennifer Colegrove, Director of Display Technologies at DisplaySearch.“The touch screen industry is already a multi-billion dollar industry, and still has great growth momentum. This is what makes it so attractive.”

Figure 1: Touch Screen Module Revenue Forecast