Yole Développement (Yole) says that the microdisplay market is set for impressive growth in the next few years. By 2025, the total market will reach $4.2 billion in revenues (CAGR from 2020 to 2025 at 100%), while microdisplays for AR headsets will generate $1.8 billion.

Plessey native InGaN red microLED photo (CES 2020)

This optimistic forecast has a warning though - it all depends whether next-generation display technologies will deliver on their promises - and whether actual use-cases will be found and commercialized.

There are several competing display technologies that can be used for microdisplays, but Yole says that MicroLEDs and OLEDs are the most promising technologies and both will become "game changers".

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