Display calibration management tools market

Display Calibration Management Tools Market, by Component (Software and Services [Managed Services, Professional Services, and Implementation services]), by Device Type (Standard Signage Monitor, Digital TV, Video Wall, and Professional Monitors), by Calibration Service Type (3D LUT Calibration, 3pt/6pt Calibration, and ICC Profile Based Calibration), by End-user (Media & Entertainment, Retail & QSR, Healthcare, Residential, Hospitality, and Transportation), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

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Jan 2022
CMI4869
170 Pages
Excel & Pdf
Information and Communication Technology

Summary

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.

Statistics:

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.

Display Calibration Management Tools Market Report Coverage

Report Coverage	Details
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
Geographies covered:	North America: U.S. and Canada Europe: Germany, Italy, France, U.K., and Rest of Europe Asia Pacific: China, India, Japan, Australia and New Zealand (ANZ), and Rest of APAC Latin America: Brazil, Mexico, Argentina, and Rest of Latin America Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East
Segments covered:	By Component: Software and Services (Managed Services, Professional Services, and Implementation services) By Device Type: Standard Signage Monitor, Digital TV, Video Wall, and Professional Monitors By Calibration Service Type: 3D LUT Calibration, 3pt/6pt Calibration, and ICC Profile Based Calibration By End-user: Media & Entertainment, Retail & QSR, Healthcare, Residential, Hospitality and Transportation
Companies covered:	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.
Growth Drivers:	Increasing demand for high end display TV such as Ultra HD and LED TV Increasing adoption of periodic display calibration in other industry verticals
Restraints & Challenges:	Increasing adoption of automatic calibration

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.

Table of Content

*Browse 60 market data tables and 40 figures on "Global Display Calibration Management Tools Market - Global forecast to 2028”

Segmentation

Detailed Segmentation

- Frequently Asked Questions -

What is the expected market size of global display calibration management tools market in 2028?

The global display calibration management tools market is expected to reach US$ 2,025.1 million by 2028

What is the expected compound annual growth rate (CAGR) of the market during the forecast period (2021-2028)?

The market is expected to witness a CAGR of 5.6% during the forecast period (2021-2028).

What is the primary factor contributing to growth of the market?

Increasing demand for High End Display TV such as Ultra HD and LED TV is expected to drive growth of the market during the forecast period.

Based on component, which segment held the largest market share in the market in 2020?

In 2020, the services held the largest market share among component.

Based on device type, which segment held the largest market share in the market in 2020?

In 2020, the standard signage monitor segment held the largest market share among device type.

Which region held the largest market share in the market in 2020?

North America region held the largest share in the market in 2020, accounting for 34.1% share in terms of value.