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Microdisplay Market worth $3.0 billion in 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Aug. 16, 2024 /PRNewswire/ — The microdisplay market is expected to reach USD 3.0 billion in 2029 from USD 1.3 billion in 2024, expanding at a CAGR of 18.2% during the forecast period according to a new report by MarketsandMarkets™. The increase in demand for microdisplays is due to the integration of displays into various devices such as wearables and near-to-eye devices. The market may grow due to factors such as technological improvements in microdisplays such as MicroLED and OLEDoS technology, miniaturization trend in consumer electronics, increased usage of HMDs across a number of sectors, and growing global adoption of ADAS and HUDs in automotive sector.

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Browse in-depth TOC on “Microdisplay Market” 

100 – Tables
60 – Figures
250 – Pages

Microdisplay Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 1.3 billion

Estimated Value by 2029

$ 3.0 billion

Growth Rate

Poised to grow at a CAGR of 18.2%

Market Size Available for

2020–2029

Forecast Period

2024–2029

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Product, Technology, Vertical, Resolution and Brightness & Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Reduction in display latency

Key Market Opportunities

Advancements in Micro LED technology

Key Market Drivers

Growing demand for micro displays in wearable devices

NTE segment likely to lead the product segment during the forecast period.

The-NTE-devices-is projected to hold major-market-share-of-the-microdisplay-market-in-2029. NTE-devices include cameras, EVFs, and Head-Mounted Displays (HMDs). These devices are small, portable, and lightweight. They are equipped with microdisplays that point to the elements to be identified or viewed. Microdisplays are becoming more popular for use in applications involving cameras and electronic viewfinders (EVFs) than head-mounted displays. AR Head-Mounted Displays (HMDs) have been employed in pre-hospital care, clinical nursing, and inpatient medical therapy. While AR HMDs use microdisplays to reduce device size and enhance battery efficiency, VR HMDs provide users with computer-generated experiences within simulated environment. VR headsets are employed in various areas, including healthcare, retail, gaming and entertainment, and e-commerce.

Higher than FHD and 500 to 1000 nits’ segment are expected to expand at the highest CAGR in the resolution & brightness segment.

The higher than FHD segment of the microdisplay market is forecast to have the most rapid growth in terms of CAGRs by 2029. Head-mounted displays often use microdisplays in this segment due to their immersive experiences and enhanced image quality. Higher FHD microdisplays have resolutions greater than 1920×1080. Also, in the brightness segment, the 500 to 1000 units on microdisplay market is likely to expand at highest CAGR during 2024 to 2029 periods. This growth trend has been attributed to increasing use of microdisplays in head-mounted devices and heads-up displays within a brightness range of 500-1000 nits.

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Asia Pacific is estimated to account for the largest market share in the global microdisplay market by 2029.

Asia Pacific is projected to lead the microdispaly industry from 2024 to 2029. In addition to the fact that Japan is home to several prominent EVF vendors, Asia-Pacific is expected to continue to have the highest demand for microdisplays to be used in NTE devices during the projected timeframe. Major camera manufacturers are based in Asia Pacific region. For instance, Canon, Nikon, and Sony together comprises of more than 90% of the camera market. As a result, Japan’s demand for microdisplays fuels expansion in the microdisplay market throughout the region. Furthermore, Asia Pacific is predicted to be the largest LCD microdisplay market from 2024 to 2029. LCD microdisplays are in high demand in cameras, EVFs, and projectors, with the majority of vendors located in this region. The market in this region is predicted to grow rapidly, driven mostly by growing economies and an increasing number of small- and medium-sized enterprises, as well as government-imposed digital transformation regulations.

Key Players

Seiko Epson Corporation (Japan), SeeYA Technology (China), Sony Group Corporation (Japan), Kopin Corporation (US), Himax Technologies, Inc. (Taiwan), and HOLOEYE Photonics AG (Germany) are some of the major companies in the microdisplay companies.  

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Augmented and Virtual Reality Market by Enterprise, Technology (Augmented Reality, Virtual Reality), Offering (Hardware, Software), Device Type (HMDs, HUDs, Gesture Tracking Devices), Application and Region – Global Forecast to 2029

Micro-LED Market Size, Share, Industry Growth, Trends & Analysis by Application (Display (Smartwatch, NTE Device, Smartphone and Tablet, Television, Digital Signage), Lighting (General, Automotive)), Display Panel Size, Vertical and Region 2027

Volumetric Video Market by Volumetric Capture (Hardware, Software, Service), Content Delivery, Application (Sports, Events & Entertainment, Medical, Education & Training, Signage & Advertisement) and Region – Global Forecast to 2028

DLP Projector Market by Light Source (Lamp, LED, and Laser), Chip Model, by Brightness, Throw Distance (Normal Throw, Short Throw, and Ultra-short Throw), Application, and by Geography (The Americas, Europe, APAC, and RoW) – Global Forecast to 2020

AR and VR Display Market by Device Type (AR HMDs, VR HMDs, AR HUDs, VR Projectors), Technology, Display Technology (LCD, OLED, Micro-LED), Application (Consumer, Commercial, Enterprise, Healthcare, Aerospace & Defense) & Region – Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Employer Ghosting Exposed: Virtual Vocations Survey Uncovers the Impact of Silence in the Hiring Process

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Discover how employer ghosting impacts remote jobseekers and what candidates want from hiring processes. Virtual Vocations’ latest survey reveals key insights into improving communication and transparency.

TUCSON, Ariz., Jan. 5, 2025 /PRNewswire-PRWeb/ — Virtual Vocations, a leading platform for remote jobseekers, has released the results of its latest survey uncovering a growing trend in the remote work hiring landscape: employer ghosting. The company’s Employer Ghosting Survey highlights how candidates navigating the increasingly competitive remote job market are being left in the dark by potential employers.

“Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.” –Laura Spawn, CEO and co-founder of Virtual Vocations.

This groundbreaking survey collected data from 529 respondents to identify the prevalence of employer ghosting, its impact on jobseekers, and actionable solutions for creating a more transparent and respectful hiring process. The findings reveal a startling disconnect between employers and jobseekers, especially where communication is concerned.

Laura Spawn, CEO of Virtual Vocations, emphasized the importance of addressing this issue, stating, “Employer ghosting is more than just a missed connection—it’s a critical failure in communication that leaves jobseekers feeling undervalued and disillusioned. Our survey highlights the urgent need for employers to prioritize transparency.”

These are key findings and statistics from the survey that illustrate the prevalence of employer ghosting and its effects on candidates navigating the remote job market.

Candidate Experiences with Employer Ghosting

Frequency of Ghosting: 57% of respondents reported being ghosted frequently or almost always during remote job searches.Timing of Ghosting: 67% of candidates felt ghosted after submitting applications, indicating that communication breakdowns are most common in the early stages of the hiring process.Impact on Candidates: 38% of jobseekers either withdrew or considered withdrawing from hiring processes due to poor communication, highlighting the emotional toll of ghosting.

Jobseeker Communication Preferences

Preference for Personalized Communication: 67% of respondents prefer personalized rejection emails, showing the importance of thoughtful engagement from employers.Impact of Application Status Updates: 82% of respondents believe that updates on their application status help reduce feelings of being ghosted.Desire for Specific Feedback: 69% of respondents want specific feedback on rejections, indicating a strong demand for constructive insights to aid in their professional growth.

The Impact of Employer Ghosting on Jobseekers

Negative Perception of Companies: 39% of respondents reported that employer ghosting negatively impacts their view of a company, with 26% reconsidering future applications to that company.Emotional Impact on Jobseekers: 41% of respondents felt frustrated but remained motivated to continue their job search, while 28% felt discouraged and unmotivated after being ghosted.Sharing Experiences on Social Media: 16% of respondents were very likely to share their ghosting experiences on social media, with an additional 20% somewhat likely to do so, potentially amplifying the negative impact on the company’s public image.

Candidate Suggestions for Improving the Hiring Process

Demand for Improved Communication: 29% of respondents want realistic timelines for feedback, 27% advocate for training hiring managers on communication best practices, and 25% highlight the need for better applicant tracking systems.Key Motivators Despite Ghosting: 30% of candidates are motivated by potential career growth, and 29% value flexibility, including remote work, as key factors for staying engaged despite being ghosted.Expectations for Timely Responses: 36% of respondents expect follow-ups within one week after an interview, while 32% find 3–5 days reasonable, emphasizing the importance of prompt communication in the hiring process.

To explore the full Employer Ghosting Survey results, visit the Virtual Vocations blog at https://www.virtualvocations.com/blog/annual-statistical-remote-work-reports/employer-ghosting-survey-results/.

ABOUT VIRTUAL VOCATIONS
Founded in 2007 by CEO Laura Spawn and her brother, CTO Adam Stevenson, Virtual Vocations is a small company with a big mission: to connect jobseekers with legitimate remote job openings. To date, Virtual Vocations has helped more than four million jobseekers in their quests for flexible, remote work.

In addition to providing a database of current, hand-screened, and 100% remote job openings, Virtual Vocations offers jobseekers a number of tools to aid in their job searches, including exclusive career courses, downloadable jobseeker content, and career coaching and resume writing services. Virtual Vocations also releases several data-driven reports each year on current trends in remote work.

Virtual Vocations, Inc. is a private, family-owned, and 100% virtual company incorporated in Tucson, Arizona.

Media Contact

Kimberly Back, Virtual Vocations, Inc., 1 (800) 379-5092 x. 703, kim@virtualvocations.com, https://www.virtualvocations.com

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SOURCE Virtual Vocations, Inc.

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Partnered with Kiztopia, Creta Class Celebrates the Success of Jumptopia™ Triple Adventure at Marina Bay Sands

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SINGAPORE, Jan. 6, 2025 /PRNewswire/ — The highly anticipated Jumptopia™ Triple Adventure has finally come to a successful close, and Creta Class is proud to reflect on the incredible journey that brought joy and excitement to families across Singapore during the festive season. From 26 November 2024 to 5 January 2025, Marina Bay Sands Expo & Convention Centre Hall C transformed into a vibrant world of adventure, creating unforgettable memories for all families who attended.

This year, Creta Class partnered with Kiztopia to bring a fresh twist to their annual Jumptopia™ event. Beyond exhilarating inflatable slides and challenging obstacle courses, Creta Class showcased its innovative math learning program through an engaging booth with fun-filled activities. Families discovered how Creta Class can bring engaging, interactive learning experiences to young minds, aligning perfectly with the event’s theme of family bonding and edutainment.

“At Creta Class, we’re all about creating experiences through Maths Learning that bring families closer, and Jumptopia™ Triple Adventure was a perfect reflection of that mission,” said Raigo Law, Event & Partnership Manager from Creta Class. “The response has been truly heartwarming, and it’s been an absolute pleasure to see so many families laughing, playing, and making lasting memories together.”

“We are delighted to bring Jumptopia™ back this year with a twist and even more excitement.” said Ms Heidi Tian, Founder and CEO of Kiztopia. “We know how much kids and families love spending time together at Jumptopia™, and this year’s Triple Adventure delivered an experience like never before.”

One of the participants, Cliantha Ooi won a pair of tickets through Creta Class’ lucky draw, and shared her excitement: “Jumptopia™ Triple Adventure was an absolute highlight for our family this holiday season. It was the perfect opportunity for us to bond and create unforgettable memories. We can’t thank Creta Class and Kiztopia enough for such a fun and engaging event!”

As the event concludes, Creta Class continues to stay true to its vision of integrating cutting-edge technology into its products and services, with the goal of creating enjoyable, enriching learning experiences for children around the world.

About Creta Class
Creta Class combines AI technology with educational expertise to deliver a fun and inspiring learning experience for children worldwide, with a presence in the United States, Singapore, Japan, Korea, India, and other regions.

For more information, visit www.cretaclass.com.

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SOURCE Creta Class

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Sharper, Sleeker, Smarter – DORCO Launches Premium Razor SLEEK

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DORCO declares “Shaving to Perfection” with the introduction of SLEEK razor, featuring the brand’s All-New Blade technology.  The new razor is set to be launched in the other countries in the first quarter of 2025.

SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ — DORCO, celebrating its 70th anniversary since its founding, has announced the launch of its premium razor line, SLEEK, encapsulating decades of expertise in razor technology.

SLEEK results from DORCO’s relentless R&D efforts, combining the innovative Thin Edge Blade technology with precision-engineered blades. Under the banner Shaving to Perfection, the product promises a flawless shaving experience that minimizes skin irritation while ensuring a close shave. Tailored to the preferences of the younger generation, SLEEK blends functionality with stylish design to serve as more than a grooming tool but a lifestyle essential.

SLEEK is equipped with DORCO’s sharpest blade yet, the Super Thin Blade, which is designed to  closely follow the contours of the face for easy and smooth shaves. Its patented coating technology enhances the blade’s lifespan, while the Thin Edge Blade improves cutting efficiency, providing a smoother shaving experience compared to DORCO’s previous models.

A standout feature is DORCO’s Double-Layer Lubricating Strip, which has 10% more lubrication compared to previous products, protecting the skin during shaving. Contained with Vitamin E and aloe, it helps minimize irritation.

SLEEK embodies premium craftsmanship through its sophisticated and innovative design. The Multi-Flex head perfectly adapts to contours for a more comfortable and precise shave, while the matte silver die-cast handle seamlessly blends functionality and sophistication. Utilizing low-center pivot axis technology, SLEEK delivers unparalleled closeness and comfort, offering a shaving experience that redefines precision and ease. These design elements elevate the grooming experience and enhance the product’s appeal.

SLEEK was crafted with careful attention to detail and features: 

DORCO’s Most Advanced Six Blade Cartridges. Thin Edge Blade Technology: Designed with thinner blades than other DORCO razor lineups, it ensures a smooth shave while reducing cutting force for enhanced comfort.Patented Coating Technology[1]: DORCO’s protective coating reinforces the thin edge from breaking.FlexMotion Head: Incorporates multi-flex technology and cushioning for improved skin contact, adapting seamlessly to facial contours to deliver a clean and comfortable shave.Open-Flow Sides Structure: Added to both sides for better sludge removal, ensuring hygienic and convenient use.Double-Layer SmoothShield Lubricating Strip: Delivers 30% more lubrication compared to DORCO’s previous model.Micro Rubber Fin Guard Bar: Aligns skin and hair during shaving to provide a smooth and comfortable experience. 

“This razor represents the pinnacle of our blade technology,” said the Head of Product Development Division at DORCO. “With Thin Edge Blade engineering and our patented coating, SLEEK delivers superior cutting performance and a shave that is both smooth and gentle. The redesigned cartridge structure further highlights DORCO’s craftsmanship and expertise.”

DORCO’s SLEEK design combines minimalist lines, signature elements like concentric button patterns and metal accents, and precise finishes to deliver sophistication and intuitive usability. These details establish a unique design identity while paving the way for future innovations.

“This new product goes beyond just addressing functionality. By considering customer lifestyle, the upgraded product design incorporates consumer-oriented ideas and values with contemporary and stylish elements. We expect a positive response from grooming trendsetters looking for innovative and fashionable solutions that align with their modern lifestyles,” said the Head of Product Design at DORCO.

SLEEK was officially launched in South Korea on November 11, 2024, earning widespread praise and enjoying strong sales performance shortly after its release. Global rollouts are planned for Q1 2025, as part of DORCO’s strategy to expand its footprint in the global premium razor market.

Since its founding in 1955, DORCO has built a reputation as a global leader in razor and manufacturing by offering trusted products to consumers in over 130 countries. Combining precise technology and innovation design, DORCO delivers a differentiated shaving experience through solutions tailored to meet the evolving needs of consumers.

[1] Patents filed in the U.S. and Korea.

About DORCO

Founded in 1955, DORCO has been a global leader in developing and manufacturing innovative razor products worldwide. We continue to push the boundaries of shaving technology. DORCO’s diverse range of safety razors combines cutting-edge blade innovation with ergonomic designs, delivering the smoothest, most comfortable shave on the market. With a commitment to quality, craftsmanship, and sustainability, DORCO enriches the shaving experience for millions of customers across 100+ countries.

Contact

Hoffman Agency Korea Dorco Team / DorcoPRKR@hoffman.com
Heesun Kim / hskim@hoffman.com
Junyong Lee / jlee@hoffman.com

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