Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 19, according to the latest research report released by Omdia, the smartphone market is accelerating the adaptation of OLED panels, with a penetration rate of 30% in 2020 and 42% in 2022, and the share of OLED will continue to rise in the foreseeable future.

The report predicts that the overall demand for OLED panels will grow at a compound annual growth rate of 11% from 2022 to 2030, as many consumer-grade electronic products such as televisions, mobile devices, laptops, tablets and so on are adapted to OLED panels.

Ricky Park, senior chief analyst at Omdia Display Research practice, believes that Apple's planned launch of the OLED iPad Pro in 2024 will greatly boost the popularity of the OLED tablet.

CTOnews.com translator Park's point of view is as follows:

Starting from 2024, Apple will promote OLED in the iPad Pro model, so we expect the demand for OLED panels to grow rapidly.

In an optimistic scenario, Apple has actively adopted the OLED, with some competitors following suit, and demand for mobile PC OLED panels is expected to grow at a compound annual growth rate of 34 per cent.

Related readings:

"Jipang Consulting: OLED panels will account for more than 50% of the mobile phone market this year."

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