- Rising penetration of smart devices, coupled with surging investment in AR/VR headsets and foldable smartphones, is further accelerating the adoption of next generation displays
- Increasing demand for digital signage and advanced infotainment systems in automotive applications, particularly in electric and autonomous vehicles, is expected to create new growth avenues for the market
- Asia-Pacific dominated the next generation display market with the largest revenue share of 42.5% in 2024, fuelled by surging demand for advanced consumer electronics and increasing adoption of OLED and quantum dot technologies
- North America region is expected to witness the highest growth rate in the global next generation display market, driven by rapid adoption of advanced display technologies across consumer electronics, automotive displays, and commercial signage applications
- The quantum dots segment dominated the market with the largest revenue share in 2024, driven by its ability to offer enhanced brightness, color accuracy, and energy efficiency. Quantum dots are increasingly being integrated into display panels for televisions, smartphones, and monitors, owing to their superior color performance and longer lifespan compared to traditional technologies. For instance, several premium TV models launched in 2024 leveraged quantum dot-enhanced LCDs to achieve richer color gamuts and HDR quality
