What Has Been The Historical And Current Growth Of The Display Calibration Management Tools Market?
The display calibration management tools market has seen considerable growth due to a variety of factors.
• The market size for display calibration management tools has seen robust growth in the recent past. Its expansion is projected to continue from $1.53 billion in 2024 to $1.62 billion in 2025, showing a compound annual growth rate (CAGR) of 5.6%. Factors contributing to the growth during the historical period include the implementation of quality control in display manufacturing, the rise of digital imaging, its usage in industries such as media and entertainment, professional photography and design, as well as various industrial applications.
What are the Market Size and Expected Growth Rates for the Display Calibration Management Tools Template Market?
The Display Calibration Management Tools market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size of display calibration management tools is anticipated to experience significant expansion. It is projected to reach $2.21 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 8.1%.
The forecasted period's growth can be associated with an increased need for color precision, specific industry needs, growing presence in graphic design and gaming, demand from both professional and consumer markets, globalization, and market infiltration. Key trends for the forecasted period are educational programs, market rivalry and innovation, user-friendly environments, remote working conditions, and ongoing technological advancements.
Which Key Drivers Are Propelling The Display Calibration Management Tools Market's Growth?
The growth of the display calibration management tools market is predicted to be driven by an escalating demand for luxury display TVs, including smart TVs. A smart TV denotes a computer tailored for recreation that is both Internet-connected and aware of its storage capabilities. To ensure accuracy in white areas and prevent them from appearing excessively blue or too red, display calibration management tools modify the white balance. As per a report published by the Australian Communications and Media Authority in December 2023, a governmental agency in the UK confirmed a rising inclination for smart TVs among Australian families. It revealed that 78% of adults possess a smart TV, exhibiting an enhancement from the previous year’s figure of 73%. Hence, the soaring demand for luxury display TVs like smart TVs is propelling the expansion of the display calibration management tools market.
What Are The Key Segments Within The Global Display Calibration Management Tools Market?
The display calibration management tools market covered in this report is segmented –
1) By Type: 3D LUT Calibration, 3PT Or 6PT Calibration, Calibration Based On ICC Profile
2) By Applications: Standard Sign Display, Digital Television, Video Wall
3) By End-User: Media And Entertainment, Retail And QSR, Healthcare, Residential, Hospitality, Transportation
Subsegments:
1) By 3D LUT Calibration: Professional 3D LUT Software, Hardware-Based 3D LUT Calibration Tools
2) By 3PT Or 6PT Calibration: 3-Point Calibration Tools, 6-Point Calibration Tools
3) By Calibration Based on ICC Profile: ICC Profile Creation Software, ICC Profile Management Tools
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How Are New Trends Impacting The Size Of The Display Calibration Management Tools Market?
Rapid tech progression is a primary trend noticed in the display calibration management tools sector. This is because big corporations in the market are constantly developing new technologies in order to maintain their market status. For example, in April 2022, Pixelworks Inc., based in the US and known for its avant-garde video and display processing solutions, unveiled the Pixelworks X5 Pro visual processor for the OnePlus Ace smartphone. This device will use Pixelworks' trademarked MotionEngine technology, efficient color and brightness calibration, and environment-responsive color correction solution to deliver an outstanding viewing experience featuring smooth motion quality, uniform color precision, and viewer comfort.
Who Are the Key Players In The Display Calibration Management Tools Market?
Major companies operating in the display calibration management tools market include:
• Datacolor
• X-Rite Incorporated
• EIZO Corporation
• BenQ Corporation
• Barco NV
• NEC Display Solutions
• LG Electronics
• Dell Technologies
• ASUS
• ViewSonic Corporation
• Sony Corporation
• Panasonic Corporation
• Sharp Corporation
• Apple Inc.
• Samsung Electronics
• Hewlett-Packard (HP)
• Acer Inc.
• AOC International
• JVC Kenwood Corporation
• i1Display Pro
• Portrait Displays
• SpectraCal
• Light Illusion
• Klein Instruments
• DisplayMate Technologies
• Techkon GmbH
• Colorimetry Research
• Optoma Corporation
• Canon Inc.
What Are The Regional Insights Into The Display Calibration Management Tools Market?
North America was the largest region in the display calibration management tools market share in 2024. The regions covered in the display calibration management tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
