LED device makers to benefit from growing gaming demand

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15 December 2016

LED device makers to benefit from growing gaming demand

Global demand for gaming hardware, software and services is projected to rise at a compound annual growth rate (CAGR) of 6.6% from US$99.6bn in 2016 to US$118.6bn in 2019 and, because gaming notebooks, desktops, monitors and even keyboards and mice are offering visual effects lit by LEDs, LED makers are expected to benefit from the growing demand, according to Digitimes Research.

In addition to gaming, the global market value for e-sports in 2016 is estimated to be US$891m, for which, Asia, North America and Europe together account for over 90%, Digitimes Research indicates.

In addition to gaming, demand for LED chips used in sensing is increasing along with the rapid growth in demand for virtual reality (VR), as 20-40 LED chips (including infrared models) are used in a single VR system, it is noted.

Tags: LED market

Visit: www.digitimes.com/reports