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3D Display Revenue to Reach $22B by 2018
DisplaySearch says shipments of 3D displays will grow from 0.7 million units in 2009 to 196 million units in 2018.
The 3D display market, according to DisplaySearch, will take off in 2010.
DisplaySearch is forecasting growth from 0.7 million units and $902 million in revenue in 2009 to 196 million units and $22 billion in 2018. That would mark a compound annual growth rate (CAGR) of 38 percent for revenue and 75 percent for units.
According to DisplaySearch, 3D-ready TVs will grow from 0.2 million units in 2009 to 64 million units in 2018. DisplaySearch also says "eye wear will be necessary for most 3D applications for many years to come," and that more than 7,000 3D screens will be installed in 2010 and an additional 9,000 in 2011.
"3D displays are taking off with consumers due to increasing availability of 3D content. In addition, 3D standardization has also been addressed or is being evaluated in several 3D organizations," says Jennifer Colegrove, director of display technologies at DisplaySearch.
"A number of manufacturers of consumer electronics devices, including TVs, monitors, notebooks, Blu-ray disc players, and digital cameras/camcorders/photo frames, have aggressively promoted 3D in the home. In addition to consumer use of 3D displays, the technology has also been used for many professional applications and advertisement/public displays."
However, a recent In-Stat study shows only about 25 percent of consumers are willing to spend extra for 3D technology. In fact, 43 percent said they’d like to spend less than $200 for it. But when it came to 3D content, 67 percent said they’d be willing to pay more for a 3D version of a Blu-ray disc then a 2-D version.
Other data from DisplaySearch:
DisplaySearch is forecasting growth from 0.7 million units and $902 million in revenue in 2009 to 196 million units and $22 billion in 2018. That would mark a compound annual growth rate (CAGR) of 38 percent for revenue and 75 percent for units.
According to DisplaySearch, 3D-ready TVs will grow from 0.2 million units in 2009 to 64 million units in 2018. DisplaySearch also says "eye wear will be necessary for most 3D applications for many years to come," and that more than 7,000 3D screens will be installed in 2010 and an additional 9,000 in 2011.
"3D displays are taking off with consumers due to increasing availability of 3D content. In addition, 3D standardization has also been addressed or is being evaluated in several 3D organizations," says Jennifer Colegrove, director of display technologies at DisplaySearch.
"A number of manufacturers of consumer electronics devices, including TVs, monitors, notebooks, Blu-ray disc players, and digital cameras/camcorders/photo frames, have aggressively promoted 3D in the home. In addition to consumer use of 3D displays, the technology has also been used for many professional applications and advertisement/public displays."
However, a recent In-Stat study shows only about 25 percent of consumers are willing to spend extra for 3D technology. In fact, 43 percent said they’d like to spend less than $200 for it. But when it came to 3D content, 67 percent said they’d be willing to pay more for a 3D version of a Blu-ray disc then a 2-D version.
Other data from DisplaySearch:
- 3D-ready monitors will grow from 40K units in 2009 to 10 million in 2018
- 3D notebook PCs will grow from 66K units in 2009 to 17.7 million in 2018
- Mobile phones will be the largest 3D display on a unit shipment basis in 2018 with 71 million units
- The largest screen size for 3D displays will be 1-4" due to mobile phones and digital cameras
- The second largest size range will be 40-49 inches due to TVs and public displays
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About the Author
Steve Crowe, Web Editor
Steve is an editor for cepro.com. He graduated from Emerson College with a B.A. in Journalism. He joined the CE Pro staff in 2008. Steve is also a freelance sports writer for The Boston Globe and other various publications.
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