Display Calibration Management Tools are available on services and solution basis. Calibration software is very well suited to general monitor use, owing to commercially available calibration kits such as the Eye-One series. Moreover, software-based display calibration improves the color with the adjustment of white points, luminance, and gamma curves of the display. Since software calibration can be used to create profiles for the monitors, it is also an effective means of color management of the displays or monitors. Calibration software can be used to support and guide calibration management activities. Furthermore, use of software for calibration management enables fast, easy and accurate analysis of calibration records and identification of historical trends.
Maintenance services include hardware maintenance and support services and maintenance of network software and support services. Hardware maintenance and support services are preventive services that physically repair or optimize hardware in case of any problem, which includes colorimeter. Display calibration hardware providers offer maintenance and support services for all the hardware employed for a display calibration purpose.
Display calibration hardware providers offer consulting for the technological adoption of calibration software, as per the need of the customers. In addition, calibration software providers’ offer managed services for the proper functionality of the software. In this managed type of services the burden of maintaining IT gets shifted from the customer to a service provider. In an effective managed services relationship, a customer benefits from predictable pricing and the ability to focus on core business concerns rather than IT management chores. Calibration tool providers offer hardware or software implementation services, which includes analyzing requirements, installation, configuration, customization, running, testing, systems integrations, user training, delivery and making necessary changes.
Global Display Calibration Management Tools Market - Impact of Coronavirus (Covid-19) Pandemic
COVID-19 has significantly disrupted almost all the industries including infrastructure, transportation, oil and gas, manufacturing, and others. To combat COVID-19 pandemic, most of the countries had implemented lockdown restrictions, which are now being eased slowly on phase-wise and industry basis. This adversely affected the sales of almost all the industries. The global pandemic disrupted the supply chain in both upstream as well as downstream of the target market. The manufacturing activities were paralyzed which impacted the supply of equipment.
North America is expected to hold dominant position in the global display calibration management tools market during the forecast period.
North America held dominant position in the global display calibration management tools market in 2020, accounting for 34.1% share in terms of value, followed by Asia Pacific and Europe.
|Base Year:||2020||Market Size in 2020:||US$ 1,329.2 Mn|
|Historical Data for:||2017 to 2019||Forecast Period:||2021 to 2028|
|Forecast Period 2021 to 2028 CAGR:||5.6%||2028 Value Projection:||US$ 2,025.1 Mn|
LG Electronics Inc., Datacolor, EIZO Corporation, NEC Display Solutions (NEC Corporation), Portrait Displays, Inc., QUBYX Software Technologies Ltd., General Digital Corporation, X-Rite, Incorporated, and Light Illusion Ltd.
|Restraints & Challenges:||
Figure 1: Global Display Calibration Management Tools Market Share (%), By Region, 2020
Among regions, North America held dominant position in the global display calibration management tools market in 2020 and is expected to retain its dominance throughout the forecast period. On the country level in North America region, the U.S. alone holds 92.9% market share in 2020.
The growing adoption of calibration process in high end displays due to the advantages offered by this process. Hence, increasing demand for high end display TV such as Ultra HD and LED TV will drive growth of the display calibration management tool market.
Figure 2: Global Display Calibration Management Tools Market Value (US$ Mn) Analysis and Forecast and Y-o-Y Growth (%), 2021 - 2028
The global display calibration management tools market was valued at US$ 1, 382.3 Mn in 2020 and is expected to reach US$ 2,025.1 Mn by 2028 at a CAGR of 5.6% between 2021 and 2028.
Major players operating in the global display calibration management tools market include LG Electronics Inc., Datacolor, EIZO Corporation, NEC Display Solutions (NEC Corporation), Portrait Displays, Inc., QUBYX Software Technologies Ltd., General Digital Corporation, X-Rite, Incorporated, and Light Illusion Ltd.
Display Calibration management tools are important for measuring and testing devices which need to operate with precision and accuracy. These tools are used to rectify performance deviations of devices from their standard performance. Standard signage monitor, digital TV, video wall, and professional monitors are some of the devices that need display calibration management tools.
Standard Signage Monitor: Standard signage monitors are used for digital signage indication operations. The main purpose of signage monitors is to provide way-finding/direction information, exhibitions, marketing, and outdoor advertising.
Digital TV: The cost of calibrating the digital TV display ranges between ten to hundreds of dollars depending on the user's requirements. Moreover, market players such as LG are launching products (digital TVs) with automatic calibration features, combined with inbuilt auto display calibration software provided by vendors such as CaIMAN, which is expected to hamper growth of the display calibration management tool market in the near future.
Video Wall: Increasing applications of video walls for different purposes such as advertising and mass gathering events (such as concerts and others) to capture attention of customers is expected to aid growth of the display calibration management tool market
Professional Monitors: Professional monitors are used for different applications such as professional photography & editing, designing, and video editing across different end-use industries such as media & entertainment
Increasing Demand for High End Display TV such As Ultra HD and LED TV
The display technology has witnessed continuous innovation and transformation in the past few years. The industry has switched from conventional cathode ray tube (CRT) displays to highly advanced liquid crystal displays (LCD), LEDs, and OLEDs. These advanced displays provide high resolution and ultra-high clarity, which results in increasing adoption of these high end displays. For instance, in August 2018, LG Displays announced that it sold over 1.3 million units of large size OLED panels in first half of 2018, which is twice the total sales of the company in 1st half of 2017.
The high end displays need to be calibrated timely to achieve better power output. Moreover, calibration process adjusts the color temperature and reduce strain on the light-generating parts of display. Therefore, the display screen uses less power. The adoption of calibration process is increasing in high end displays due to the advantages offered by this process. Hence, increasing demand for high end display TV such as Ultra HD and LED TV will drive growth of the display calibration management tool market.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.