Market research firm Omdia sees a strong growth in the microLED market in the future, led by demand from the smartwatch and TV markets. Omdia says 16 million MicroLED displays will ship in 2027 - over 10 smartwatch displays and 3.3 million TVs.

MicroLED display shipments forecast (2019-2027, Omdia)

This is impressive growth, but even with such projected growth microLEDs will have limited penetration in the display market in 2027.

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