Counterpoint Research: Global spending on display devices is expected to reach a cumulative total of $75.8 billion between 2020 and 2027.

Zhijun Finance APP learned that as the demand for OLED and LCD displays in the IT, automotive, and mobile phone industries as well as emerging application areas such as XR (AR/VR/MR) continues to grow, display manufacturers have been increasing their capital expenditure on equipment. According to the latest quarterly report on display capital expenditure and market share released by Counterpoint Research, global display equipment spending is expected to reach a cumulative total of $75.8 billion from 2020 to 2027.