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Game-Changer: The Market Impact of the Blue LED

According to analyst company IHS, the Nobel-winning research has created a market already worth $17.7 billion by the end of 2013, as well as 250,000 jobs. To indicate the rate of growth over the past decade, Strategies Unlimited had estimated the market for high-brightness LEDs (of all types) to be worth slightly less than $2 billion back in 2002.