Global Wireless Display market is estimated to generate revenue of approximately USD 5 billion by 2023 at a CAGR of 11% during the forecast period 2018-2023
Pune, India -- (SBWIRE) -- 10/22/2018 -- Wireless Display Market is anticipated to expand remarkably at a strategic CAGR during the forecast period of 2018 to 2023. wireless display market Research Report – Forecast to 2023 is latest report on wireless display Industry, which provides wireless display Global Market Size, Share, Trends, Growth analysis with historic and forecast data to 2023
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Wireless Display Global Market - Overview
Technological advancements have played a major role in the development of wireless display market. Steep increase in evolution of display technologies and widespread use of smart TVs, smartphones, tablets, and computers are major factors driving the growth of wireless display market. Also, increasing adoption of on-demand entertainment is another factor responsible for fuelling the market growth. Also, simplified setup and ease of connection are helping in boosting the demand for wireless displays.
Wireless display technology engages into enabling the users to stream apps, movies, music, photos and videos wirelessly from a compatible computer to a compatible HDTV or through the use of an adapter with other HDTVs. Various wireless display technologies are present in the market such as WirelessHD, Miracast, AirPlay and Wi-Fi display among others. Wireless display technologies enables the users to carry out different tasks such as checking e-mails on a device and at the same time streaming a movie on TV through the same device.
However, availability of cheaper substitutes in the market in wired connectivity devices such as HDMI and USB is restraining the growth of wireless display market. Also, high cost of the display technologies and lack of awareness about the upcoming technologies is posing as a major challenge in the growth of wireless display technology market.
Growing urbanization and digitization is another factor driving the growth of wireless display market. Moreover, increasing digital signage and digital out of home market is expected to boost the growth of wireless display market over the forecast period. According to a recent study report published by Market Research Future, the global market of wireless display is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).
Google, Inc. (U.S.), Amazon.com, Inc. (U.S.), Apple Inc. (U.S.), Microsoft Corporation (U.S.), Roku, Inc. (U.S.), Lattice Semiconductor (U.S.), NETGEAR Inc. (U.S.), Cavium, Inc. (U.S.), Actiontec Electronics, Inc. (U.S.), and Belkin International, Inc. (U.S.) among others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global wireless display Market.
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Wireless Display Global Market - Segmentation
The wireless display market can be classified into 4 key segments for the convenience of the report and enhanced understanding;
Segmentation by Offering: Hardware, and Software & Services
Segmentation by Technology Protocol: Wireless HD, WiDi, Miracast, AirPlay, Google Cast, DLNA, and Others
Segmentation by Application: Consumer and Commercial. The commercial segment is further sub-segmented into Corporate & Broadcast, Digital Signage, Government, Healthcare, Education, and Others
Segmentation by Region: North America, Europe, Asia Pacific, Rest of the World
June 2017 – Actiontec Electronics, Inc., the creator of ScreenBeam wireless display, has launched a ScreenBeam Classroom Commander, a wireless classroom orchestration solution for Windows 10 /10 S equipped classrooms. ScreenBeam Classroom Commander has redefined classroom orchestration which helps in delivering all the functionality you expect from a premium orchestration solution while providing teacher and student mobility. ScreenBeam Classroom Commander promotes real-time interaction with wireless touch and touch back support, and enhances learning and problem solving with support of wireless inking native in Windows programs.
Jan 2017 – Lattice Semiconductor and TPCAST have entered into an exclusive partnership in order to deliver wireless solutions for head mount display (HMD)-based VR systems. Lattice's WirelessHD solution, along with a suite of FPGA and ASSP products, are being offered exclusively in TPCAST's VR applications which require high bandwidth wireless video transmission along with low latency.
Wireless Display Global Market - Competitive Analysis
The market of wireless display appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
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Wireless Display Global Market - Regional Analysis
North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the wireless display market in North America owing to the presence of a large number of established key players such as Google, Inc., Amazon.com, Inc., Apple Inc., Microsoft Corporation, Roku, Inc., Lattice Semiconductor, and NETGEAR Inc. among others. Also, U.S. is leading the market in North America due to the technological advancements and increasing demand across several consumer electronics devices such as smart TVs, ultra-books and tablets. in the region. The growth in the region is attributed to the increasing adoption of smartphones and internet, and technological advancements as well. Wireless display market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 owing to growing population and increased urbanization and digitization in China, Japan, and India in the region. Whereas, the Europe market for wireless display is expected to grow at a considerable CAGR (2017-2023).
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
LIST OF TABLES
Table 1 Global Wireless Display Market: By Region, 2017-2023
Table 2 North America Wireless Display Market: By Country, 2017-2023
Table 3 Europe Wireless Display Market: By Country, 2017-2023
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LIST OF FIGURES
FIGURE 1 Global Wireless Display Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Wireless Display Market
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