Lewes, DE -- (SBWIRE) -- 01/26/2017 -- Report forecast the global pico projectors market to grow at a CAGR of 32.10% during the period 2016-2020.

Pico projector is used to project images through a handheld device. These projectors are embedded into several devices, such as smartphones and cameras, and is popular as pico projectors. These are miniature image, video, image, or personal digital assistant (PDA) projectors and are used for several applications such as projecting information on relatively large screens.

The report covers the present scenario and the growth prospects of the global pico projectors market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of pico projectors.

The market is divided into the following segments based on geography:
- APAC
- EMEA
- North America

According to the report, one of the major drivers for this market is increasing integration of pico projectors in smartphones. The smartphones industry is the major end-user and will drive the market growth. Smartphones have achieved a penetration rate of 50% in the global smartphones market and the integration of pico projectors in smartphones will provide huge scope for the growth of the global pico projectors market. Also, pico projectors have been integrated into devices like digital photo frames, digital cameras, digital camcorders, laptops, mobile TVs, portable media players, and portable gaming devices that will boost market growth.

Further, the report states that one of the major factors hindering the growth of this market is low brightness and limited features of pico projectors. Pico projectors are small, have limited light-emitting technology and in most cases, are embedded in devices. It is difficult to provide high-power backup to support these devices. This results in low brightness of output, affecting the adoption of these projectors. This affects market growth adversely.

Global Pico Projectors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global pico projectors market: AAXA Technologies, MicroVision, Optoma Technology, Syndiant, and Texas Instruments.

Other Prominent Vendors in the market are: AIPTEK International, ASK Proxima, Canon, Greenlight Optics, Light Blue Optics, Luminus Device, Lemoptix, Maradin, Mezmeriz, OPUS Microsystems, Samsung Electronics, and WowWee Group.

Market driver
- Increasing integration of pico projectors in smartphones
- For a full, detailed list, view our report

Market challenge
- Low brightness and limited features of pico projectors
- For a full, detailed list, view our report

Market trend
- High adoption of embedded pico projectors
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 65 pages and 31 Exhibits "Global Pico Projectors Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Technology landscape, Projector industry overview, Market segmentation by technology, Market segmentation by type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-pico-projectors-market-2017-2021

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