Market Research Future (MRFR) in the new report on the “Global Wireless display Market 2020”, states determiners and restrains on the market. As per MRFR research, the global wireless display market is expected to reach USD 5 billion by the end of forecast period with a CAGR of 11%.
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.
Major Key Players Operating in the Market:
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.).
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Segmentation:
The global wireless display market can be segmented on the basis of the offering, technological protocol, and application.
Segmented by Technological Protocol:
The technological protocol segment is further classified into WirelessHD, WiDi, Miracast, AirPlay, Google Cast, DLNA, and others. Surging demand across consumer electronics such as smart TVs, ultrabooks and tablets are factors that are boosting the growth of the wireless display market. Moreover, the market is witnessing a considerable growth in the demand for wireless display with increasing adoption of smartphones and increasing R&D in the wireless display technologies. Increasing trend of integrating internet with display devices like smart TVs is another major factor driving the growth of the wireless display market.
Segmented by 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.
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.
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
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The global wireless display market is gearing significant traction.
Besides, substantial R investments into the development of connectivity solutions drive the growth of the market.
Moreover, the rising adoption of wireless displays across commercial applications, including corporate & broadcast, digital signage, government, healthcare, and education, escalate market growth.
As technologies mature, they influence market trends and market opportunities.Growing uptake of BYOD (bring your own device) policy in the offices along with the augmenting demand for mobile wireless display fuel the market growth.
Furthermore, the increasing adoption of on-demand entertainment influences market growth.Global Wireless Display Market – Competitive Analysis Highly competitive, the global wireless display market appears fragmented due to the presence of many well-established players.
Major Players: Players leading the wireless display market are Amazon.com, Inc. (US), Google, Inc. (US), Apple Inc. (US), Roku, Inc. (US), Microsoft Corporation (US), Lattice Semiconductor (US), Cavium, Inc. (US), NETGEAR Inc. (US), Belkin International, Inc. (US), and Actiontec Electronics, Inc. (US), among others.
