The global screenless display market size was US$ 2.1 billion in 2021. The global screenless display market is forecast to grow to US$ 14.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 22.1% during the forecast period from 2022 to 2030.
Screenless displays enable users to display and transmit data without using a screen or projector. There are three types of screenless displays, which include Visual Image Display, Retinal Display, and Synaptic Interface.
Factors Influencing the Market
COVID-19 Impact Analysis
The outbreak of the COVID-19 pandemic negatively affected the global screenless display market, owing to the unavailability of sufficient raw materials and workforce. In addition, the cancellation of R&D activities hampered the growth of the market.
However, the COVID-19 outbreak upsurged the demand for digitalization, which has been beneficial for the screenless display market. In addition to that, the growing focus on smart infrastructure strengthened the scope of the screenless display market and is expected to offer lucrative growth opportunities even after the pandemic.
Regional Analysis
North America is forecast to dominate the screenless display market, owing to the presence of prominent industry players, such as Google and Microsoft. In addition to that, growing automotive innovations and technologies are expected to drive this regional screenless display market forward.
The consumers in this region are also looking forward to new technologies. Thus, the early adoption of advanced technologies will benefit the screenless display market. Moreover, the increasing disposable income and growing spending on gadgets is forecast to offer lucrative growth opportunities for the screenless display market during the forecast period.
Competitors in the Market
Market Segmentation
The global screenless display market segmentation focuses on Type, Application, Industry Vertical, and Region.
By Type
By Application
By Industry Vertical
By Region