In-Plane Switching (IPS) Display Market

By Type;

Standard IPS, AH-IPS and Professional IPS

By Application;

Smartphones, Monitors and TVs

By End-User;

Consumers, Enterprises and Industrial Users

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn562072940 Published Date: September, 2025 Updated Date: October, 2025

In-Plane Switching (IPS) Display Market Overview

In-Plane Switching (IPS) Display Market (USD Million)

In-Plane Switching (IPS) Display Market was valued at USD 70,725.45 million in the year 2024. The size of this market is expected to increase to USD 109,906.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.5%.


In-Plane Switching (IPS) Display Market

*Market size in USD million

CAGR 6.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.5 %
Market Size (2024)USD 70,725.45 Million
Market Size (2031)USD 109,906.40 Million
Market ConcentrationMedium
Report Pages322
70,725.45
2024
109,906.40
2031

Major Players

  • LG Display Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • AU Optronics Corp.
  • Innolux Corporation
  • BOE Technology Group Co., Ltd.
  • Sharp Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

In-Plane Switching (IPS) Display Market

Fragmented - Highly competitive market without dominant players


The In-Plane Switching (IPS) Display Market is gaining momentum as more industries and consumers prioritize high-performance displays. Nearly 55% of devices now integrate IPS panels for their superior color precision and wide viewing capabilities, making them a standard in both entertainment and professional applications.

Superior Visual Quality Enhancing Adoption
IPS technology is favored for its ability to deliver consistent sharpness and brightness, with over 50% of users recognizing its performance benefits over older display formats. Its reduced color distortion at varying angles has made it the display of choice for advanced electronics such as smartphones, monitors, and tablets.

Integration with Smart and Connected Devices
Adoption is growing in connected ecosystems, with around 45% of smart devices featuring IPS screens to elevate user experiences. Whether in gaming, streaming, or productivity tools, IPS displays support more immersive and responsive visuals, aligning with the surge in demand for smart and interactive devices.

Innovations Driving Market Growth
Technological innovation continues to strengthen the market, with nearly 40% of new IPS displays designed to support higher refresh rates, slimmer profiles, and better power efficiency. These improvements make IPS technology adaptable to next-generation high-definition and responsive interfaces, further enhancing its market relevance.

Widening Application Across Multiple Sectors
The reach of IPS displays spans numerous industries, with over 50% of applications centered on consumer electronics, professional imaging tools, and industrial panels. Their ability to deliver true-to-life visuals and dependable performance ensures growing reliance in sectors that demand high accuracy and clarity. This expansion reinforces IPS technology as a critical enabler of digital innovation.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Region
  4. In-Plane Switching (IPS) Display Market Dynamics

    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for High-Quality Visual Displays
        2. Growth in Consumer Electronics Market
        3. Expansion of Gaming and Entertainment Industries
        4. Adoption of IPS Displays in Professional Applications
        5. Technological Advancements in Display Technology
      2. Restraints
        1. Cost Sensitivity and Price Competition
        2. Challenges in Achieving High Refresh Rates
        3. Limited Availability of Advanced Manufacturing Facilities
        4. Impact of Supply Chain Disruptions
        5. Competition from Other Display Technologies
      3. Opportunities
        1. Rising Demand for OLED and MicroLED Alternatives
        2. Expansion in Emerging Markets
        3. Integration of IPS Displays in Automotive Sector
        4. Demand for Energy-Efficient Displays
        5. Growth in Virtual Reality (VR) and Augmented Reality (AR) Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. In-Plane Switching (IPS) Display Market, By Type, 2021 - 2031 (USD Million)
      1. Standard IPS
      2. AH-IPS
      3. Professional IPS
    2. In-Plane Switching (IPS) Display Market, By Application, 2021 - 2031 (USD Million)
      1. Smartphones
      2. Monitors
      3. TVs
    3. In-Plane Switching (IPS) Display Market, By End-User, 2021 - 2031 (USD Million)
      1. Consumers
      2. Enterprises
      3. Industrial Users
    4. IPS Display Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. LG Display
      2. Samsung Electronics / Samsung Display
      3. AU Optronics
      4. Japan Display Inc.
      5. PANASONIC Corporation
      6. Acer Inc.
      7. Sony Corporation
      8. Lenovo Group Limited
      9. Winstar Display Co., Ltd.
      10. AsusTek Computer Inc.
      11. BOE Technology Group
      12. Chi Mei Optoelectronics
      13. Dell Inc.
      14. ViewSonic Corporation
      15. Sharp Corporation
  7. Analyst Views
  8. Future Outlook of the Market