Artificial Intelligence
Flexible Display Market Size to Worth Around USD 244.7 Bn by 2030
Tokyo, Aug. 02, 2022 (GLOBE NEWSWIRE) — The global flexible display market size was valued at USD 22.02 billion in 2022. The use of flexible display has been extensively seen in the automobile industry where do they use of touch screen has been observed with the rapid advancement in technology. The increasing demand for smart phones and smart watches has also boosted the demand for flexible displays. The recent trend of curved display edges has boosted the market for flexible displays to a great extent.
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With a view to provide better flexibility and durability to the device the use of flexible display has increased to a considerable extent. The rapidly increasing number of people belonging to the geriatric population has also boosted the demand for flexible and durable display material.
Regional Snapshots
- The region of North America has proved to be the largest market for the flexible display as a result of the presence of leading automobile industries in this sector. The increasing demand for making the vehicles more interactive and customized as per the requirements of the consumer has proved to be a driving factor for the flexible displays.
- The Asia Pacific region is considered to be the fastest growing market as a result of the increasing demand of smartphones and smart watches amongst the youngsters and teenagers.
- The region of Middle East and Africa have also proved to be potential markets for the growth of the flexible display products. As a result of the well-established market of flexible displays in the region of North America, rapid growth is experienced by the key market players. The region of Latin America has also proved to be a potential market for the flexible display.
Key Insights
- Asia Pacific region garnered 35% revenue share in 2021.
- North America region contributed 25% market share in 2021.
- The OLED segment accounted 64% market share in 2021.
- The smartphone segment is expected to grow at a CAGR of 15% between 2022 to 2030.
- The plastic segment accounted market share of over 70% in 2021 and is predicted to hit at a CAGR of 27% between 2022 to 2030.
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Report Highlights
- On the basis of technology, OLED has dominated the segment as a result of its extensive use in the smartwatches and smartphones. The introduction of OLED has transformed the entire touch experience which was obtained from the flexible display market.
- On the basis of application, the automobile industry has proved to be the largest market for the flexible display as a result of the rapid technological advancements that has been experienced over the period of time. In order to make the vehicles more interactive with the use of artificial intelligence, the introduction of flexible displays into this system is increasing rapidly.
- On the basis of material, plastic has dominated the segment as a result of the low cost which is imposed during the manufacturing process of the flexible displays.
- On the basis of geography, North America has proved to be the largest market for the flexible display as a result of the increasing demand of electronic gadgets with advanced technologies.
Scope of the Report
| Report Attributes | Details |
| Market Size in 2021 | USD 16.3 Billion |
| Revenue Forecast by 2030 | USD 244.7 Billion |
| CAGR | 35.12% from 2022 to 2030 |
| Largest Market | Asia Pacific |
| Fastest Growing Region | North America |
| Base Year | 2021 |
| Forecast Year | 2022 to 2030 |
| Key Players | Innolux Corp., AU Optronics Corp., BOE Technology Group Co., Ltd., Corning Incorporated, E Ink Holdings, Inc. Japan Display Inc., Samsung Electronics Co., Ltd., LG Display Co., Ltd., Royole, Others. |
Market Dynamics
Drivers
A rapid technological advancement has been experienced by the flexible display market in the recent years. The quality and weight of the display devices Underwent rapid transition with the development in technology. The space consuming and bulky nature of the displays have been transformed to slim formats which provide a better response to the touch of the consumer. The huge number of people belonging to the geriatric population proves to be a driving force for the flexible display market as these people cannot take care of the delicate features provided by the electronic devices. With the increasing competition among the key market players, advanced technologies have been launched into the market which attracts potential customers. The rapid advancements which have been observed in the field of education with the introduction of smart displays has proved to be a major driving force for the growth of the market during the forecast period.
Restraints
The entire process involved in manufacturing of flexible display it’s very complex as compared to the manufacturing process of rigid displays. This imposes an additional cost on the manufacturing process which increases the cost of the electronic devices. The designing process of the rigid displays is much simpler which makes it superior as compared to the flexible displays. The response to stimuli offered by the rigid display this is very satisfying as compared to the flexible display. The extreme climatic conditions hamper the quality and resolution of the flexible displays very easily which proves to be a major restraining factor for the growth of the market. The level of protection which is provided for the internal circuit and motherboard of the electronic device is quite less which reduces the life of the gadget. These multiple reasons prove to be the restraining factors for the growth of the market during the forecast period.
Opportunities
The facility of insurance coverage which has been introduced for the electronic devices in order to provide a better aftermarket service to the consumers has proved to be a major opportunity for the growth of the market. The increasing use of flexible displays by the manufacturers of smart band it’s proved to be a great opportunity for the growth of the market of flexible display. The high demand of watches and smart phones experienced as a result of rapid digitalization in the field of education has proved to be a great opportunity for the growth of the flexible display market during the forecast period. The introduction of smart education system into the society has increased the demand for better display quality and resolution. These multiple reasons proved to be great opportunities for the growth of the flexible display market during the forecast period.
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Challenges
The revenue return of the flexible display mainly depends on the bulk order which is received by the manufacturer. Flexible displays cannot bear extreme climatic conditions which hampers the functioning and response provided by the device. The cost of the raw material of flexible displays proves to be a great challenge for the growth of the market. These multiple reasons prove to be the challenges during the growth phase of the flexible display market.
Recent Developments
- In January 2017 – a wallpaper TV was introduced by LG, that included a flexible screen which was 4 mm deep. This could be suspended on the wall with the help of magnets. it was a super slim model which was bendable.
Market Segmentation
By Technology
- OLED
- LCD
- EPD
By Material
- Glass
- Metal
- Plastic
By Type
- Curved Display
- Bendable and Foldable Display
- Rollable Display
By Panel Size
- Up to 6”
- Above 50”
- 20-50”
- 6-20”
By Application
- Wearable (Excluding Smartwatches)
- TV
- Smartphone
- Smartwatch
- E-reader
- Automotive & Transportation
By Industry
- Automotive and Transportation
- Aerospace and Defense
- Media and Entertainment
- Consumer Electronics
- IT and Telecommunication
- Sports and Fashion
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
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BOSTON, April 18, 2024 /PRNewswire/ — The RepTrak™ Company, the world’s leading reputation data and insights company, released its annual Global RepTrak 100 report. Utilizing its advanced reputation monitoring software, RepTrak gathered data from more than 243,000 survey responses across 14 major economies to rank the world’s 100 most reputable companies. They share that ranking alongside a full analysis of global corporate reputation trends and corresponding public sentiment in the 2024 report.
After two years of consecutive Reputation Score declines, this year’s Score is back up with an increase from 73.2 in 2023 to 73.8 in 2024. It’s a small increase after 2023’s full one-point drop. However, it’s an encouraging sign that companies have begun to recover from reputation falls driven by many challenges: macroeconomic issues, workplace difficulties, product problems, and corporate responsibility skepticism.
“This year’s report underscores a pivotal shift in the corporate landscape, spotlighting the remarkable adaptability and dedication of the Top 100 companies in responding to the dynamic needs of stakeholders,” states RepTrak CEO Mark Sonders. “The companies featured in our report are not just riding the wave of change; they are the ones steering it, proving that the best approach to business is one that embraces evolution and champions progress.”
RepTrak’s report explores how people thought, felt, and acted toward companies over the past year. Findings include notable increases in Conduct and Citizenship efforts, stakeholders’ rising willingness to invest, culturally resonant brand communications, and ESG Scores that soared despite skepticism around the acronym.
To read the full 2024 Global RepTrak 100 report, please visit: www.reptrak.com/globalreptrak
About RepTrak
The RepTrak™ Company is the world’s leading reputation data and insights company. We help companies by organizing and grading a variety of reputational elements, offering a real-world report card on their corporate reputation. Subscribers to the RepTrak program use our predictive insights to protect business value, improve return on investment, and increase their positive impact on society. RepTrak’s pairing of advanced metrics and dedicated reputation advisors offers clients an actionable analysis of their reputation data, aligning business objectives with stakeholder sentiment across different markets and sectors.
Established in 2004, The RepTrak Company owns the world’s largest reputation benchmarking database, gathering over 1 million company ratings per year used by CEOs, boards, and executives in more than 60 countries worldwide. For more information, please visit: www.reptrak.com
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Artificial Intelligence
Group-IB takes part in a global operation to cripple Canadian Phishing-as-a-Service provider LabHost
SINGAPORE, April 18, 2024 /PRNewswire/ — Group-IB, a leading cybersecurity company aimed at investigating, preventing, and fight digital crime announced today that it participated in a coordinated global takedown operation against prominent Canadian Phishing-as-a-Service (PhaaS) provider LabHost, which has led to the arrest of 37 suspects across the United Kingdom and around the world by law enforcement agencies. As part of the operation, Group-IB also conducted an extensive analysis of LabHost’s criminal history and infrastructure, including insights into LabHost’s administrative platform and the services it provides to its purported user base which exceeds 2,000 subscribers worldwide, who illegally obtained around 480,000 card numbers, 64,000 pin numbers, and over 1 million passwords from victims used for websites and other online services, according to law enforcement agencies.
“By leveraging our Threat Intelligence and Digital Risk Protection, we are able to identify and monitor phishing attacks and websites like those deployed by LabHost and its subscribers around the world, enabling us to actively alert and protect our customers, and in turn, their customers as well,” said Dmitry Volkov, Chief Executive Officer of Group-IB. “Today’s takedown operation demonstrates the agility and responsiveness of our decentralized Digital Crime Resistance Centers, and how quickly we can provide immediate and local assistance wherever our customers may be.”
First uncovered in late 2021, LabHost emerged as a fully automated Phishing-as-a-Service (PhaaS) platform, streamlining the creation of phishing websites meticulously mirroring the interface and functionality of prominent banking, postal, and financial entities, aimed at intercepting, seizing, and profiting from users’ personal, credit card, and online banking credentials. Users are prompted to select from various “membership plans,” tailored to target businesses and individuals in either the United States and Canada, or globally, akin to mobile subscription models. These plans encompass “standard,” “premium,” and “world membership” tiers, priced between US$179 and US$300 monthly, with options for monthly, quarterly, or annual billing cycles.
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Artificial Intelligence
Malaysia Data Center Market to Witness $3.97 Billion Investment Opportunities by 2029, Get Insights on 34 Existing Data Centers and 33 Upcoming Facilities across Malaysia – Arizton
CHICAGO, April 18, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Malaysia data center market is growing at a CAGR of 13.92% during the forecast period.
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Malaysia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 3.97 Billion (2029)
Market Size (Area)
883 Thousand Sq. Feet (2029)
Market Size (Power Capacity)
163 MW (2029)
CAGR Investment (2023-2029)
13.92 %
Colocation Market Size (Revenue)
USD 1.23 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
Over the next few years, Malaysia is poised to witness significant growth in data center investments, driven by the influx of operators like AirTrunk, Equinix, Princeton Digital Group, and other leading companies. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country’s data centers.
The wholesale colocation sector is projected to experience a revenue surge fueled by major cloud players like Microsoft, Google, and AWS. These companies have unveiled plans to establish dedicated cloud regions within Malaysia, with expected timelines for deployment within the next one to two years. This trend underscores Malaysia’s growing importance as a regional hub for data infrastructure and cloud services.
Malaysia is among the top expensive markets globally for developing data centers. Malaysia’s data center construction cost in 2023 stood at about $8.5-$10 million per MW, making it the costliest market in the APAC region after Singapore and Jakarta.
Investment Opportunities in the Malaysia Data Center Market
In November 2023, ST Telemedia Global Data Centres announced its plans to develop a new data center campus in Johor. The construction of the first building is likely to begin soon and become operational by 2025. The company formed a joint venture with Basis Bay to develop a new data center campus with two buildings, Cyberjaya DC.2 and STT Kuala Lumpur 1 in Cyberjaya, Selangor.In October 2023, EDGNEX Data Centres by DAMAC announced its plans to enter the APAC market for the first time; the company is considering a facility in Cyberjaya, Selangor. The expected investment can cross the $52 million mark.In October 2023, Infinaxis Data Centre Holdings, the joint venture between Gaw Capital Partners and A3 Capital, announced the construction of its first data center facility in Cyberjaya. The facility will have 10 data halls and will likely be operational by Q2 2025.In September 2023, EdgeConneX announced its plans to expand its footprint in Malaysia with the development of three data centers sites across Bukit Jalil, Kuala Lumpur, and Cyberjaya. The company plans to develop data centers in partnership with Cyberview.To Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Market Trends
According to IRENA, in 2022, hydroenergy accounted for around 69% of the renewable energy capacity in Malaysia, followed by solar energy, which contributed about 21%, along with a 10% contribution by bioenergy.Malaysia aims to achieve the target of net-zero carbon emissions by 2050. To make this goal a reality, WWF-Malaysia is partnering with Boston Consulting Group to develop an independent joint study on the country’s optimal net zero pathway.The government of Malaysia has established a green tariff scheme to support its carbon-neutrality target. Under the scheme, subscribers can get electricity from solar or hydro sources instead of fossil fuel sources.Mergers, acquisitions, joint ventures, and partnerships are key strategies employed by operators to expand their portfolios and global footprint. For example:
In December 2023, Chindata Group merged with BCPE Chivalry Merger Sub, a wholly owned subsidiary of BCPE Chivalry Bidco, completing its transition to a private company from a public one.November 2023 saw ST Telemedia Global Data Centres, in a joint venture with Basis Bay, announcing plans to develop a new data center campus with two buildings in Cyberjaya, Selangor.A3 Capital and Gaw Capital Partners formed a joint venture in February 2023 to establish Infinaxis Data Centre Holdings to develop and operate data centers across Malaysia and Southeast Asia.MN Holdings, an engineering services and solutions company, signed a Memorandum of Understanding (MoU) in April 2023 with Shanghai DC-Science, outlining an investment of approximately $600 million to develop a data center site at the Sedenak Tech Park, Johor.Why Should You Buy This Research?
Market size is available regarding investment, area, power capacity, and Malaysia colocation market revenue.An assessment of the data center investment in Malaysia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Malaysia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in MalaysiaFacilities Covered (Existing): 34Facilities Identified (Upcoming): 33Coverage: 9 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in MalaysiaColocation Market Revenue & Forecast (2023-2029)Wholesale vs. Retail Colocation Revenue (2023-2029)Retail Colocation PricingWholesale Colocation PricingThe Malaysia data center market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.Buy this Research @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Post-Purchase Benefit
1hr of free analyst discussion10% off on customizationThe Report Includes the Investment in the Following Areas:
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Tower and Dry CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & Commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IV GeographySelangorJohorOther StatesVendor Landscape
IT Infrastructure Providers
Cisco SystemsDell TechnologiesFujitsuHewlett Packard EnterpriseHuawei TechnologiesIBMInspurLenovoNetAppData Center Construction Contractors & Sub-Contractors
Advance Power EngineeringAsima ArchitectsAVO TechnologyB-Global TechCTC-GlobalCSF GroupCyclect GroupDSCO GroupGamudaGCM TechnologiesHSS EngineersISGKienta Engineering ConstructionLSK EngineeringMES GroupM+W Group (Exyte)MN HoldingsNakanoNTT FACILITIESPowerware SystemsS5 EngineeringShaw ArchitectSunway Construction GroupUnique CentralSupport Infrastructure Providers
ABBCaterpillarCumminsEatonFuji ElectricHITEC Power ProtectionKOHLER PowerLegrandMitsubishi ElectricNarada Power SourcePiller Power SystemsRittalRolls-RoyceSchneider ElectricSiemensSocomecSTULZTraneVertivData Center Investors
Bridge Data CentresEdge CentresGDS ServicesIRIX (PP TELECOMMUNICATION)Keppel Data CentresNTT DATAOpen DCTM OneVantage Data CentersYTL Data Center HoldingsNew Entrants
AirTrunkAmazon Web Services (AWS)EdgeConneXEquinixFutureData (Cyclect Group + TSG Group)Googlei-BerhadInfinaxis Data Centre HoldingsMN Holdings + Shanghai DC-ScienceMicrosoftNEXTDCPrinceton Digital GroupRegal OrionSingtelST Telemedia Global Data CentresYondrTo Know More, Download the Free Sample Report: https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
Key Questions Answered in the Report:
What factors are driving the Malaysian data center industry?
How big is the Malaysia data center market?
How many MW of power capacity will be added across Malaysia during 2024 to 2029?
What is the growth rate of the Malaysia data center market?
Which states are included in the Malaysia data center market report?
Get the Detailed TOC @ https://www.arizton.com/market-reports/malaysia-data-center-market-size-analysis
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We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
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