The touchscreen controller market was valued at USD 3.68 Billion in 2015 and is expected to reach USD 9.11 Billion by 2022, at a CAGR of 15.2% between 2016 and 2022. The growth of this market is being propelled by the growing deployment of capacitive touchscreen controllers in various in consumer electronics devices such as smartphones, tablets, laptops, wearable devices, and others. Besides, the durability, reliability and better operation of capacitive touchscreen controllers as compared to the resistive touch controllers, is further increasing the demand for the same, and thereby driving the market for the touchscreen controller alongside.

The report covers the touchscreen controller market segmented on the basis of technology, interface, touchscreen technology, screen size, application and geography. The capacitive controller technology led the market due to the high demand for capacitive technology from various devices in consumer electronics as well as commercial applications. Besides, the major factors responsible for increasing the popularity of capacitive touchscreen controllers are highly responsive nature and they provide a real-time feel while minimizing power consumption.

The market for multi-touchscreen technology is expected to witness significant growth during the forecast period. The rapidly increasing devices which require touchscreen technology supporting multi-touch features have driven the market for touchscreen controllers complying with the requirements of multi-touchscreen technology. The major applications that use multi-touch panels include consumer electronics such as smartphones, tablet, wearable devices, laptops, and other electronic devices, whereas commercial applications include infotainment systems in automotive, and e-boards in education sectors, among others.

The commercial segment is expected to grow at the high market rate of the touchscreen controller market during the forecast period. Technological advancements in various segments such as healthcare, automotive, banking, retail, education & training have resulted into the development of innovative and modernized touch-based devices. These applications use touchscreen to enhance the user experience and encourage interactivity. The rapidly growing increasing installation of touch-based ATMs and Kiosk systems and the growing demand for infotainment systems in vehicles is expected to drive this market.

Asia-Pacific held the largest size of the touchscreen controller market in 2015. The leading position of Asia-Pacific can be attributed to the wide presence of a number of leading consumer electronics manufacturers such as Sony Corp. (Japan), Samsung SDI Co., Ltd. (South Korea), HTC Corp (Taiwan), Panasonic Corp. (Japan), Huawei Technologies Co., Ltd. (China), and LG Electronics Inc. (South Korea), among others in the region.

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