The global wireless display market is gearing significant traction. Market growth attributes to technological innovations in sensors and smart wireless devices. Besides, substantial R&D 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.
According to Market Research Future (MRFR), the global wireless display market is forecasted to create a valuation of 5 BN by 2023, growing at approximately 11% CAGR throughout the forecasted period (2017 – 2023). There have been enough innovation and new levels of connectivity among these devices. Features like safety sensors and smartphone integration have already become common. 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, technological developments in the field of smart devices and the growing penetration of Internet of Things (IoT) foster the growth of the market. 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. All players compete fiercely to gain a substantial market share. Making intelligent connected devices a reality requires a high level of hardware and software technology innovations and adoption like never seen before, and much of it has roots in other industries.
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.
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Global Wireless Display Market– Segmentation
By Offering: Hardware, Software and Services.
By Technology Protocol: Wireless HD, WiDi, Miracast, AirPlay, Google Cast, DLNA, and others.
By Application: Consumer and Commercial (corporate & broadcast, digital signage, government, healthcare, education, others).
By Regions : Americas, Europe, APAC, and Rest-of-the-World.
Global Wireless Display Market – Geographical Analysis
North America dominates the global wireless display market. The largest market share attributes to the technological advances and increased adoption of display technologies across industry verticals. Besides, the augmented demand and availability of quality wireless displays in the region drive the growth of the market. The North American wireless display market is poised to continue with its dominance over the global market throughout the assessment period.
Europe is another promising market for wireless displays. The market growth is driven by the increasing adoption of wireless displays by small and medium scale businesses. Additionally, the increasing numbers of data centers stimulate market growth in the region. Also, the rising adoption of BYOD policy among the growing IT industry substantiates the growth of the market. The European wireless display market is expected to witness fabulous market growth during the review period.
The Asia Pacific wireless display market is witnessing a rapid expansion stage. Factors such as the wide adoption of wireless displays across the manufacturing sector and the growing markets in India, China, and Japan are the main driving forces behind the market growth.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Wireless Display Market, By Segments
- Competitive Analysis
Continued…
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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.).Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5056Segmentation: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.
The commercial segment is expected to show a significant growth owing to the increasing adoption of different display technologies across various verticals.
