DSCC estimates that the OLED market will contract 7% in 2023, by revenues, to reach $38.7 billion. In terms of shipments, there will be a 1% decline from last year.
The two main OLED markets, smartphones and TVs, will both decline - OLED smartphone revenues will decline by 8% in 2023 (shipments will remain the same), while OLED TV panel revenues will drop 15% (12% by shipments).
Some market segments will grow in 2023, though - AR/VR panels, automotive displays, laptops, monitors and tablets. Laptop OLED shipments will become the 2nd largest market by revenue after smartphones ($3.6 billion).