DisplayPort IP Market
Growth Factors of DisplayPort IP Market
The DisplayPort IP Market size was valued at USD 14,166 Thousand in 2022. The market is projected to grow from USD 14,985 Thousand in 2023 to USD 24,579.1 Thousand in 2030 at a CAGR of 7.3% during the forecast period of 2024-2032.
The DisplayPort IP marketplace confronted enormous disruptions at some point of the COVID-19 pandemic. Supply chain disruptions, factory closures, and decreased customer call for for electronics due to financial uncertainty caused a temporary slowdown in manufacturing. However, as far off running and virtual communications have become greater distinguished, there has been a growing demand for extremely good displays, fueling a partial healing in the latter half of of the pandemic. The marketplace has for the reason that stabilized but continues to be motivated by the continued consequences of global supply chain constraints.
A current trend shaping the DisplayPort IP market is the shift closer to 8K decision presentations. As client electronics, specifically in gaming and entertainment, call for higher visible constancy, the want for superior DisplayPort IP to help high-decision content material keeps to grow. This has pushed manufacturers to adopt greater state-of-the-art interface solutions to meet these technological demands.
One of the important thing driving factors inside the DisplayPort IP marketplace is the growing demand for excessive-overall performance presentations in each the client and industrial sectors. Applications like gaming, digital reality, and expert content creation are propelling the need for excessive-bandwidth interfaces. DisplayPort IP solutions are increasingly followed to fulfill the growing requirements for velocity, resolution, and flexibility in virtual presentations.
Comprehensive Analysis of DisplayPort IP Market
The DisplayPort IP Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by version, by application. By Version include DisplayPort 1.0/1.1/1.1a, DisplayPort 1.2/1.2a, DisplayPort 1.3, DisplayPort 1.4/1.4a, DisplayPort 2.0, DisplayPort 2.1. By Application include Consumer Electronics, Automotive, Industrial (Healthcare, Defense, etc.).
The North America region lead the DisplayPort IP Market share by benefitting a market size of USD 7,991.1 thousand Major players in North American countries are engaging in partnerships, mergers, and acquisitions with small businesses to strengthen their businesses and expand their customer base.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
April 2023: Synopsys, Ansys, and TSMC strengthened their alliance to enhance Multi-Die Systems. This enables the next level of system functionality and scalability level for Synopsys. Synopsys delivers comprehensive IP and EDA solutions for multi-die systems on TSMC's enhanced 3nm, 5nm, and 7nm progression technologies with sustenance for TSMC 3D fabric.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 7.3% from 2023 to 2030
Unit Value (USD Thousand)
Segmentation By Version, Application, and Region
By Version DisplayPort 1.0/1.1/1.1a
DisplayPort 1.2/1.2a
DisplayPort 1.3
DisplayPort 1.4/1.4a
DisplayPort 2.0
DisplayPort 2.1
By Application Consumer Electronics
Automotive
Industrial (Healthcare, Defense, etc.)
By Region (By Version; By Application; and By Country)
North America (By Version; By Application;, and By Country)
Europe (By Version; By Application;, and By Country)
- The U.K.
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific (By Version; By Application;, and By Country)
China
India
Japan
South Korea
ASEAN
Oceania
Rest of Asia Pacific
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