May 4, 2017
The electronic paper display market is expected to reach $4.274 billion by 2022, according to a report by Allied Market Research. The report calculates the market will grow at a compound annual growth rate of 37.5 percent from 2016 to 2022, according to a press release.
Current market trends include technological improvements, lower cost of manufacturing and the push for green products. The market is limited due to low refresh rate and the lack of multiple colors with electronic paper displays.
E-readers are expected to hold the largest market share, followed by electronic shelf labels. North America is expected to hold the highest market share during the forecasted period.
The report is available for download here.