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.

Smart speaker users are switching increasingly to display-based devices, or Smart Displays, according to the latest research from Strategy Analytics’ Smart Speakers and Screens service. The share of all smart speaker sales incorporating a display was 26% in Q3 2020, compared to 22% a year earlier.