The screenless display market is projected to grow at a CAGR of 27.90% to reach US$4.867 billion in 2025 from US$1.111 billion in 2019.Screenless display means the no screen display of visuals and of information. Images or videos can be projected in open space, on the human retina or to brain directly, depending upon the technology used. It requires human gestures to give it a direction and manipulation in air, which acts as an interface between the information to be displayed and the user. It is predominantly used for imaging in medical holography. The rising number of applications of screenless display in various sectors like aerospace, defense and consumer electronics is likely to propel the growth of this market. Screenless display will bring a paradigm shift in the gaming segment too by turning around the experience of playing games. Retinal Display, a segment by type, is a major breakthrough in display markets as it will provides better visual experience at higher resolution and pixel density. Additionally, it is expected to cause less strain on the eyes which can be a major reason why consumers would want to switch to it from traditional touchscreens.
The use of Screenless display is estimated to rise exponentially throughout the forecast period due to rapid technological advancements happening in the consumer electronics segment. Though this technology is in its birth stage and is still evolving, screenless display is anticipated to cannibalize the touch display market in the near future. The portability constraint with touch screens can be overcome by screenless display. Screenless Display also offers low battery consumption and additional security features which is also a demand driver for this segment. This market faces challenges in terms of the high cost and technical feasibility of developing a satisfactory product
Screenless Display Market is expected to grow at an exponential growth rate throughout the forecast period owing to its potential of overcoming the shortfalls in the touch display.
The fixed or limited size of the touch display and the need for miniaturizing the gadgets to make them easily portable is expected to boost the growth of Screenless Display Market. The privacy issue that smartphones, tablets and other electronic gadgets face can be handled with screenless display using retinal imaging. Growing adoption of electronic gadgets with rising incomes and technical know-how of the people is expected to drive the sales of screenless displays across the countries.
Geographically, the North American region is expected to hold a substantial share of the Screenless Display market with a high growth rate throughout the forecast period.
This is due to the ongoing technical innovations in conjunction with heavy investments in research and development by universities and big players in this region. Asia-Pacific region is also expected to grow at a high Compounded Annual Growth Rate owing to increasing demand for consumer electronics. China and Japan are also expected to control high market share in this segment owing to the developments happening in consumer electronics in these countries.