According to the new market research report "Flexible Display Market By Application (Smartphone, Tablet, E-reader, Laptop, TV, Smartcard, Wearable Display), Technology (OLED, LCD, E-paper), Component (Emissive &Non-emissive), Material (Polymer, Glass, GRP) & Geography - Forecast & Analysis to 2013 – 2020" , the global flexible display market is expected to cross $3.89 billion by 2020, growing at a high CAGR from 2014 to 2020.

The role of flexible display in display industry has evolved so as to meet the requirements of consumers and more advanced chip designs and packaging technologies. The technological innovations, research, and the fabrication processes of the materials and displays, altogether, have propelled the display industry to greater heights. As the consumers demand for more functionality in lighter and user-friendly devices, more and more innovative displays are being discovered and designed.

The last decade has witnessed a well-paced transformation in the flexible display technology market. Displays have evolved from CRT to plasma display (PDP) and from PDP to LCD, LED. The latest display type is OLED. In the coming quarter of 2014, the flexible display Smartphonesare expected to hit the market with tablets to follow soon after. Laptops and TVs are also expected to follow the trend of smartphones and tablets while OLED based televisions have also been following the same trend, by electronics manufacturing giants Samsung and LG. All these developments have created demand for better and more stable materials to be used in these displays. The use of IGZO (Indium gallium Zinc oxide) and photonic crystals are the examples of the stable materials that are used in the above mentioned displays.