Growth in overall display unit sales should remain stable in 2024, while revenue and area-based growth should reach 7% and 9%, respectively. The market share of ultra-large TV displays, based on area, should grow rapidly from 24% in 2024 to 34% in 2031.
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Display Dynamics – December 2024: Demand for 70-inch-and-larger-sized TV displays will increase to 34% in 2031
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The Analyst Team
Ricky Park
Follow AnalystSenior Principal Analyst, Display Market Outlook
As part of Omdia’s displays research practice, Ricky Park examines all the major flat panel display (FPD) applications. He analyzes historical shipments and forecast projections, including details from global FPD producers, and provides insights on the many different segments, technologies, features, sizes, resolutions, and prices within the FPD industry.
Ricky joined Omdia (formerly IHS Markit) in 2012 when it acquired Displaybank, where he had worked for 11 years. He has published syndicated reports covering display technologies and has served as project manager of industry feasibility studies for Fortune 500 companies. One of the main developers of Omdia’s displays practice, Ricky applied his unique methodologies, processes, and network capabilities to expand the business into its current form. He has also conducted analytical studies of key markets, specializing in various technologies and applications of the electronics value chain industry. Ricky received his bachelor’s degree in engineering from Hanyang University in Seoul, South Korea.
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