The growing digital market
The worldwide market for digital and alphanumeric display devices will top $1 billion by 1985, up from $500 million in 1978, according to a report by Arthur D. Little Inc. This represents growth of 13 percent a year until 1980 and 10 percent growth until 1985.
Watches and calculators will continue to absorb most of the display devices, but there will be significant changes in both markets, the report says. The watch industry, for instance, is finding new ways to use the displays. New digital watches might combine a stop watch and electronic alarm, plus adjustments for time zones and leap years.