Wireless Display Market by Technology Protocols (Miracast, WiDi) Global Forecast to 2023

[126 Pages Report] The wireless display market was valued USD 2.34 Billion in 2016 and is expected to be worth USD 5.38 Billion by 2023, growing at a CAGR of 11.1% from 2017 to 2023. The widespread use of consumer products such as smartphones, tablets, smart TVs, and computers have increased the deployment of innovative technology such as the wireless display in numerous applications. The market for the consumer applications is majorly driven by the availability of increasing OTT-based content. On the other hand, the market for commercial application is driven by ease of set up and cost-saving benefits compared with wired connecting devices. The base year considered for the study is 2016, and the market size forecast is given for the period between 2017 and 2023.

The wireless display technology involves peer-to-peer media transmission between a compatible display device to a larger display without the use of wires. This allows easier setup and use in all applications. The technology can be used to transmit pictures, video, and other OTT-based content from one compatible display device to other. The wireless display has applications in the consumer segment, which is dominated by technology giants such as Google, Inc. (US), Amazon.com, Inc. (US), and Apple Inc. (US). The wireless display technology also has applications in the commercial subsegments such as corporate, healthcare, and education. The widespread use of devices such as smartphones, tablets, Smart TVs, and computers have facilitated the growth of the market in these applications. The digital signage application is expected to create a good growth opportunity for the wireless display market during the forecast period.

Know More : Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41146860

This report covers the wireless display market on the basis of offering, application, technology protocol, and geography. In the market, by offering, the hardware offering is expected to hold the largest market share during the forecast period while the highest growth is expected from the software and services segment. The high growth of the software and services offering is due to additional features offered such as interoperability among devices working on non-compatible protocols and the security aspect accorded to safeguard the content being transmitted wirelessly.

The wireless display market in the commercial application is expected to demonstrate the fastest growth during the forecast period. Increasing awareness of the technology has prompted its faster adoption in subsegments such as corporate, healthcare, and education. The availability of multi-user and multi-screen deployment of wireless display technology is beneficial for easily setting up a long distance meeting, which has a good acceptability in the corporate deployment. The additional security features accorded by some companies offering wireless display solutions is increasing its adoption in critical sectors such as banking.

The major players involved wireless display market value chain include Google, Inc. (US), Amazon.com, Inc. (US), Apple Inc. (US), Microsoft Corporation (US), Roku, Inc. (US), Lattice Semiconductor (US), NETGEAR Inc. (US), Cavium, Inc. (US), Actiontec Electronics, Inc. (US), and Belkin International, Inc. (US). These players adopted various strategies such as product launches and developments, partnerships, collaborations, business expansions and mergers to cater to the needs of consumers in the market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Working As Automation Professional, provide value added information to the Industry that's impact on revenue growth of industry