According to Market Research Future Analysis, the 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 2017-2023.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
Key Players:
·
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.)
·
ctiontec Electronics, Inc. (U.S.)
·
Belkin International, Inc. (U.S.)
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Market Overview:
Wireless display market is estimated to exhibit high growth
potential during the forecast period owing to its increasing demand across
various industry verticals. Rising demand among the consumers and commercial
segment for various smart devices like phones, TVs, and tablets are fuelling
the growth of the wireless display market. Additionally, innovations and
advancements in technology and increasing demand for on-demand entertainment
services are driving the growth of the wireless display market. Also, a large
number of companies have been investing a huge amount of capital in the
research and development of new display technologies.
Google, Inc., Amazon.com, Inc., Apple Inc., Microsoft
Corporation, Roku, Inc., Lattice Semiconductor, and NETGEAR Inc. are some of
the leading players in the market. Lattice Semiconductor has partnered with
TPCAST to deliver a wireless VR solution with WirelessHD technology from
Lattice’s SiBEAM Technology Group as well as Lattice’s FPGA and ASSP products. The
company focusses on offering innovative solutions and keeps up with the fast
pace of the technological advancements. Increasing focus on deployment of
advanced display technologies and growing demand for simplified setup and ease
of connection are some of the major factors driving the growth of this market. The
focus towards the promotion of implementing cloud-based technologies and due to
the convenience being provided to the consumers and growing trend of digitization
is another factor fueling the growth of the global wireless display market.
Segmentation:
The global wireless
display market is segmented on the basis of the offering, technological
protocol, and application. The application segment is further classified into consumer
and commercial. The commercial segment is further classified into corporate
& broadcast, digital signage, government, healthcare, education, and
others. The commercial segment is expected to show a significant growth owing
to the increasing adoption of different display technologies across various
verticals. Also, the digital signage application is expected to witness
considerable growth during the forecast period. However, the availability of
cheaper substitutes for connectivity is one major factor that could cause
hindrance to the growth of global wireless display market. The cheaper hardware
is preferred by users for connectivity solutions, which is hampering the market
growth.
Regional Analysis:
The global wireless display market is studied
in Asia Pacific, North America, Europe, and Rest of the World. It has been
observed that North America is estimated to account for the largest share of
the market, whereas the Asia Pacific is projected to grow at the fastest rate
during the forecast period. The growth of the market in North America is
attributed to the technological advancements and increased adoption of display
technologies across various industry verticals.
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Intended Audience
·
Technology Investors
·
Research/Consultancy firms
·
Technology Solution Providers
·
Government Bodies
·
Regulatory agencies
·
Corporate
·
Consumer electronics product vendors
·
Educational Institutes
·
Medical and industrial product vendors
·
Venture capitalists and start-ups
·
Software solution providers
·
Semiconductor component suppliers
·
About Market Research
Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.