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Report: Flexible display market to reach $11.3B by 2022

July 28, 2017

The flexible display market is expected to be worth $11.323 billion by 2022 and grow at a compound annual growth rate of 31.69 percent, according to a report by Research and Markets.

Many companies are using these displays due to their ruggedness, durability, portability and lightweight nature. The technology is also seeing increased usage in smartphones, digital signage, tablets and TV.

One key market driver is the easy availability of raw materials from the polymer industry, as well as extensive research and development in the field, according to the report.