South Korea is expected to account for the highest market share of the display driver market during the forecast period. South Korea accounts for more than 95% of total OLED display panel production owing to which demand for a majority of OLED-based display drivers is emerging from South Korea. With huge investments from Samsung and LG Display in OLED technology and their production expansion, South Korea is expected to dominate the market, in terms of size, during the forecast period. South Korea, however, is expected to witness declined share in the LCD segment during the forecast period, mainly due to the growing demand from China. South Korean players, Samsung and LG Display, closed various LCD panel manufacturing facilities and invested in OLED technology expansion, which resulted in the decreased share of South Korea in LCD production.

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