Wireless Projectors Market estimated to grow with a CAGR of 10.3% during the forecast period from 2018 to 2026
Amey Godbole
Wireless Projectors Market (by Connectivity: Bluetooth, Wi-Fi and Bluetooth & Wi-Fi; by Resolution: Low Definition and High Definition; by Application: Commercial, Education and Residential) - Growth, Future Prospects, and Competitive Landscape, 2018-2026”, the wireless projectors market estimated to grow with a CAGR of 10.3% during the forecast period from 2018 to 2026.
Industry Outlook
Visual expression has always been the most effective techniques of sharing thoughts, ideas and information. Humans can perceive and preserve any information better if seen through eyes. This is one of the major driver promoting the growth of visual projectors. With better wireless connectivity mediums and high definition projecting lens and lamps made projectors more convenient and accessible than ever before. The aforementioned factor is helping wireless projectors market to grow and expected to reach a considerable market value by 2026.
Market Synopsis
Wi-Fi Wireless Projectors is All Set to Make New Industry Standards for Wireless Projectors in Coming Years
Wi-Fi and Bluetooth are the two most trustable connective medium for wireless operation and wireless projectors are no exception to this. Majority of wireless projectors rely on Wi-Fi and Bluetooth. However, projectors with standalone Wi-Fi lead the connectivity segment over the Bluetooth version. Wireless projectors with Wi-Fi and Bluetooth projected to lose their share to Wi-Fi wireless projectors in coming years owing to connectivity issues with Bluetooth connectivity.
High Definition Wireless Projectors Soon to Take Over Low Definition Alternatives
At present low definition wireless projectors holds an upper hand over high definition version in case of market value. However, with consistently rising in advanced electronics and extended lamp life, high definition wireless projectors are all set to claim majority of market share. Intricate detailing and higher pixels allows better visual representation and consequently, high definition wireless projectors gaining momentum in market growth.
Asia Pacific Expected to Emerge as Dark Horse in Wireless Projectors Market in Coming Years
At present, North America region leads the overall wireless projectors in terms of market value. Home to several multinational and national companies, North America generate considerable demand for video projectors. In addition, the region shows significant acceptance of new technologies driving the demand for wireless projectors. However, significant growth rate of the corporate sector in Asia Pacific expected to generate notable demand for wireless projectors in the coming years. Consequently, major wireless projector manufacturers framed business strategies with Asia Pacific in focus.
Amey Godbole (Editor)
Amey Godbole is a Senior Research Analyst working with Credence Research since its inception. He has an experience of market research in the fields of E-commerce, Information Technology (IT) Services & Solutions and Electronics segments. Amey has completed B.E. with specialization in Electronics & Telecommunication from University of Mumbai and MBA in Marketing.
Contact:
Email: Amey@industrynewsupdate.com
Mo. No. 919719670423
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