Visual expression has always been the most effective technique for sharing thoughts, ideas, and information. Humans can better perceive and retain information when it is seen through their eyes.
This is one of the major drivers promoting the growth of visual projectors. Projectors have become more convenient and accessible than ever before, thanks to improved wireless connectivity mediums and high-definition projecting lenses and lamps. The aforementioned factor is helping the wireless projector market grow and is expected to reach a considerable market value by 2026.
Market Synopsis
Wi-Fi Wireless Projectors Are All Set to Make New Industry Standards for Wireless Projectors in the Coming Years
Wi-Fi and Bluetooth are the two most trusted connective mediums for wireless operation, and wireless projectors are no exception. The majority of wireless projectors rely on Wi-Fi and Bluetooth. However, projectors with standalone Wi-Fi outperform the Bluetooth version in the connectivity segment. Wireless projectors with Wi-Fi and Bluetooth are projected to lose their share of Wi-Fi wireless projectors in the coming years owing to connectivity issues with Bluetooth connectivity.
High-definition wireless projectors are soon to take over low-definition alternatives.
In terms of market value, low-definition wireless projectors currently outsell high-definition versions. However, with consistently rising advances in advanced electronics and extended lamp life, high-definition wireless projectors are all set to claim the majority of the market share. Intricate detailing and higher pixels allow for better visual representation, and consequently, high-definition wireless projectors are gaining momentum in the market.
In the coming years, Asia Pacific is expected to emerge as a dark horse in the wireless projectors market.
At present, the North American region leads the overall market for wireless projectors in terms of market value. Home to several multinational and national companies, North America, generates considerable demand for video projectors. In addition, the region shows significant acceptance of new technologies, driving the demand for wireless projectors. However, the significant growth rate of the corporate sector in Asia Pacific is expected to generate notable demand for wireless projectors in the coming years. As a result, major wireless projector manufacturers focused their business strategies on Asia Pacific.
Market Segmentation
Competitive Landscape
The research study covers some of the leading video projector manufacturers, including AsusTek Computer Inc., Acer Inc., BenQ Corporation, Dell, Seiko Epson Corporation, Casio Computer Co., Ltd., Hitachi, Ltd., LG Electronics Inc., Panasonic Corporation, and Koninklijke Philips N.V. The aforementioned companies have strong product offerings and an elaborate geographical presence. This made the existing wireless projector market highly competitive. Besides, small and local manufacturers are also confronting big players in order to claim their market share.
Key questions are answered in this report.
How have advancements in lamps, lenses, and wireless connectivity helped the wireless projector market flourish?
What are the most prominent applications, and how is their expansion assisting the wireless projector market?
What are the different types of wireless projectors, and what is their standing in terms of market value?
What role does education play, and how does it influence wireless projector sales?
In what ways will developing regions like the Asia Pacific and Latin America become game changers in the coming years?
Frequently Asked Question:
The market for Wireless Projectors Market is expected to reach USD$ xx Mn in 2026.
The Wireless Projectors Market is expected to see significant CAGR growth over the coming years, at xx%.
The report is forecasted from 2018 -2026.
The base year of this report is 2017.
AsusTek Computer Inc., Acer Inc., BenQ Corporation, Dell, Seiko Epson Corporation, Casio Computer Co., Ltd., Hitachi, Ltd., LG Electronics Inc. are some of the major players in the global market.
