Display Calibration management tools are important for measuring and testing devices which need to operate with precision and accuracy. These tools are used to rectify performance deviations of devices from their standard performance. Standard signage monitor, digital TV, video wall, and professional monitors are some of the devices that need display calibration management tools.

Standard Signage Monitor: Standard signage monitors are used for digital signage indication operations. The main purpose of signage monitors is to provide way-finding/direction information, exhibitions, marketing, and outdoor advertising.

Digital TV: The cost of calibrating the digital TV display ranges between ten to hundreds of dollars depending on the user's requirements. Moreover, market players such as LG are launching products (digital TVs) with automatic calibration features, combined with inbuilt auto display calibration software provided by vendors such as CaIMAN, which is expected to hamper growth of the display calibration management tool market in the near future.

Video Wall: Increasing applications of video walls for different purposes such as advertising and mass gathering events (such as concerts and others) to capture attention of customers is expected to aid growth of the display calibration management tool market

Professional Monitors: Professional monitors are used for different applications such as professional photography & editing, designing, and video editing across different end-use industries such as media & entertainment

Market Dynamics

Increasing Demand for High End Display TV such As Ultra HD and LED TV

The display technology has witnessed continuous innovation and transformation in the past few years. The industry has switched from conventional cathode ray tube (CRT) displays to highly advanced liquid crystal displays (LCD), LEDs, and OLEDs. These advanced displays provide high resolution and ultra-high clarity, which results in increasing adoption of these high end displays. For instance, in August 2018, LG Displays announced that it sold over 1.3 million units of large size OLED panels in first half of 2018, which is twice the total sales of the company in 1st half of 2017.

The high end displays need to be calibrated timely to achieve better power output. Moreover, calibration process adjusts the color temperature and reduce strain on the light-generating parts of display. Therefore, the display screen uses less power. The adoption of calibration process is increasing in high end displays due to the advantages offered by this process. Hence, increasing demand for high end display TV such as Ultra HD and LED TV will drive growth of the display calibration management tool market.

Key features of the study:

• This report provides in-depth analysis of the global display calibration management tools market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021– 2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
• It profiles leading players in the global display calibration management tools market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include LG Electronics Inc., Datacolor, EIZO Corporation, NEC Display Solutions (NEC Corporation), Portrait Displays, Inc., QUBYX Software Technologies Ltd., General Digital Corporation, X-Rite, Incorporated, and Light Illusion Ltd.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global display calibration management tools market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global display calibration management tools market

Detailed Segmentation

• Global Display Calibration Management Tools Market, By Component:
  • Software
  • Services
    • Managed Services
    • Professional Services
    • Implementation services
• Global Display Calibration Management Tools Market, By Device Type:
  • Standard Signage Monitor
  • Digital TV
  • Video Wall
  • Professional Monitors
• Global Display Calibration Management Tools Market, By Calibration Service Type:
  • 3D LUT Calibration
  • 3pt/6pt Calibration
  • ICC Profile Based Calibration
• Global Display Calibration Management Tools Market, By End user:
  • Media & Entertainment
  • Retail & QSR
  • Healthcare
  • Residential
  • Hospitality
  • Transportation
• Global Display Calibration Management Tools Market, By Region:
  • North America
    • By Country:
      • U.S.
      • Canada
  • Europe
    • By Country:
      • Germany
      • Italy
      • France
      • UK
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • Australia and New Zealand (ANZ)
      • Rest of APAC
  • Latin America
    • By Country:
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
  • Middle East & Africa
    • By Country:
      • GCC Countries
      • South Africa
      • Rest of Middle East
• Company Profiles
  • LG Electronics Inc.*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • Datacolor
  • EIZO Corporation
  • NEC Display Solutions (NEC Corporation)
  • Portrait Displays, Inc.
  • QUBYX Software Technologies Ltd.
  • General Digital Corporation
  • X-Rite, Incorporated
  • Light Illusion Ltd.

 “*” marked represents similar segmentation in other categories in the respective section.