Omdia’s latest Display long-term demand forecast tracker indicates that area demand for displays in 2023 will grow by 6.2% year-on-year (YoY). With softened inflation and slowing interest rate hikes, plummeting demand has bottomed out, thereby making way for a rebound to normalization in demand by the second half of 2023.

The rise of smart cities will accelerate the adoption and growth opportunities of demand response (DR) solutions in the residential segment, according to new research from Frost & Sullivan.