LONDON, UK: The world touch controller IC market is growing at a fast rate, due to the emergence of natural user interface (NUI) devices as well as the rapid penetration of touch systems in consumer electronics.
Last year, global revenue of the touch controller market was $312.5 billion, accounting for only 0.4 percent of the total semiconductor industry. By the end of 2016, this share is expected to increase to 1.65 percent.
The demand for touch controller ICs from the APAC region is expected to grow at an astonishing CAGR of 50 percent during 2011-2016. Most of the product supply (over 60 percent) is coming from North America.