OLED Market to Reach Nearly $50 Billion by 2023 on Smartphone Adoption, Says Report

The OLED market will reach $48.8 billion by 2023, up from $16.6 billion last year, driven by smartphone adoption and growing investments in technology and manufacturing plants, said ReportsnReports Tuesday. The Asia-Pacific market had the highest market share last year, while Apple is contributing to market growth in North America, it said, suggesting Apple may use OLED displays in upcoming iPads and laptops.