Albany, NY -- (ReleaseWire) -- 04/03/2014 -- Multi-touch technology is becoming very popular with its increasing number of applications in different areas. The most common example of multi-touch technology is Apple’s iPhone. Apple introduced the multi-touch technology to its cell phone to allow pinching and stretching gestures on the screen to control zooming. Multi-touch technology is generally associated with the capacitive touch technology rather than resistive touch technology. Multi-touch technology is the best substitute for traditional keypads, keyboards, or mouse. This technology is in increasing demand due to the growing use of multi-touch enabled devices such as tablets, smartphones, and other consumer electronic products. These products form the largest share of the multi-touch screens market.
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This tremendous growth in the multi-touch screens market is expected due to the growth in mobile phone sales and expansion of the tablet market and rise in the applications related to multi-touch technology. Also, growth in the corporate buyers for multi-touch screen panels is expected to drive the market growth significantly. Emerging retail, media, and advertising applications are expected to contribute in the market growth in the near future. The combination of multi-touch technology with 3D imaging and video calling will support the growth of the multi-touch screens market in the coming years.
The global market for multi-touch screens is segmented based on products, technology, and end-user applications. The product segments of multi-touch screens includes consumer electronic products such as mobile phones, tablets, music players, IT electronic products such as touch pads, multi touch mouse, and all-in-one PCs, and miscellaneous electronic products such as kiosks, interactive screens, ATMs, and hospitality counters.
The multi-touch screens market is segmented based on technology into:
The applications segments of multi-touch screen technology include entertainment, infotainment, retail, educational, government and corporate, and public space applications. Different technologies are used for different applications depending on the features and performance of the technology. The market for multi-touch technology is on the rise primarily due to smartphones, laptops, tablets, and televisions.
Some of the market players in this industry include Microsoft Corporation, Apple Inc., 3M, 3M8 LLC, Alps Electric, Fujitsu Ltd, Hewlett-Packard, Immersion Corporation, Panasonic Corporation, Cypress Semiconductor Corporation, Samsung Electronics, TPK Holding, U-touch UK, and Wintek Corporation.
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