Near-eye display shipments in wearable XR applications will grow by 56%
Summary
Conventionally, wearable XR devices are designed as the form factors of head-mounting and smart glasses. Near-eye display shipments declined by 5.7% in 2022 due to weak demand, inflation for budgets, and uncertainty following the geopolitical conflict. Omdia Senior Research Analyst, Kimi Lin commented: “Better performance is expected in 2023 as near-eye display shipments will grow by 56% in 2023 thanks to the new VR models released or announced in the first half of 2023 such as Sony PSVR 2, Apple Vision Pro and Meta Quest 3. Due to LTPS TFT LCD and AMOLED with mature manufacturing and affordability, both display technologies applied for VR application obtain higher adoptions and shares. Although OLEDoS is prevalent now, its brightness is far from the requirement of outdoor use, which has strong ambient light interference.