Press release
DisplayPort Market Research Report - Forecast 2017 – 2025
Growing use of embedded DisplayPorts has taken the industry to new heights. The proliferation of displays with 4K and higher resolution is also pushing the growth of DisplayPort market. Adoption of DisplayPort alternative mode in consumer electronics is the building point for the developing DisplayPort market, as the consumer electronics industry is also flourishing.
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An important factor causing traction in the DisplayPort market is the tremendously surging demand for high-quality video content. The DisplayPort is a new standard and is similar to HDMI. It’s a display interface to rely on packetized data transmission, a form of digital communication found in technologies including Ethernet, USB, and PCI Express. One of the traits of DisplayPort is that it can handle multiple video and audio streams, and display resolutions of 7680 × 4320, and this port is available on all 4K monitors.
DisplayPort Market: Drivers and Challenges
DisplayPort market is driven by the indispensability of digital display interfaces in a wide range of media devices such as smartphones, PCs, tablets, UHD TVs, virtual reality headsets against the backdrop of growing consumption of high-quality video content on these devices. Other than this the ability of DisplayPort to connect PC and gaming console to headsets drives its popularity in virtual reality, personal theaters, and augmented reality headsets.
One of the restraints in the DisplayPort market is that one needs to purchase an adaptor if they want to continue using older devices from the DisplayPort, which adds up as an extra cost to the users.
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DisplayPort Market: Key Players
Some of the key players of DisplayPort Market are: NXP Semiconductors, STMicroelectronics, Lattice Semiconductor, Intel, ADLINK, Texas Instruments, Analogix Semiconductor, and Advanced Micro Devices among others.
DisplayPort Market: Regional Overview
On the basis of geography, DisplayPort Market can be segmented across North America, Latin America, Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Among various regions, the DisplayPort Market in Asia Pacific excluding Japan is expected to dominate during the forecast period, owing to increased number of vendors in the market with increasing demand by end users as due to digitalizing lifestyle. Asia Pacific excluding Japan region is expected to be followed by North America, and Europe.
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