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Global Wireless Display Market

Author: Priya Kadam
by Priya Kadam
Posted: Jun 24, 2019

Global Wireless Display Market is expected to grow from USD 2.64 Billion in 2017 to USD 6.69 Billion by 2026, at a CAGR of 10.9% between 2017 and 2026. Global Wireless Display Market is technology that allows users to connect compatible devices through peer-to-peer media transfer to a larger display device such as HDTV, monitors without using wires. With use of Global Wireless Display Market, users could simultaneously perform different functions on PCs or monitors, such as streaming a movie on TV while checking email on PC. Use of wireless display reduces wasted time to set up meeting rooms compared to wired connections. Since, Global Wireless Display Market has advantages such as ease of setup, user-friendliness. Growing smartphone proliferation and R&D investments, need for faster wireless connectivity due to easy availability and use of digital multimedia, surging demand across several consumer electronics devices such as smart TVs, ultrabooks and tablets, increasing adoption of on-demand entertainment, Increasing popularity of different display technologies are the major driving factors for the growth of Global Wireless Display Market. However, the availability of cheaper substitutes for connectivity, such as HDMI cables is one of the major restraining factors for market growth. Further key findings from the report: • Long-term cost-saving benefits and ease of setup of the wireless display technology in the commercial application would drive the growth of wireless display technology • Increased use of Digital signage application by B2C firms from the retail, banking, and government sector would help this segment to grow at a significant rate during the forecast period • The Europe market is expected to witness a CAGR of 9.6% during (2017 – 2026) in Global Wireless Display Hardware Market • From application segment, consumer market accounted for the largest share of wireless display market in 2016 and is expected grow at a significant rate during the forecast period. • The commercial segment is expected to witness h growth over the forecast period owing to the increasing awareness of technology and faster adoption across various industry verticals. • With the increased spending power of the consumers in a region and the availability of OTT-based services providing video content for entertainment purposes in APAC, it is expected to grow at highest CAGR during the forecast period Key Highlights: • Analysis of competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Global Wireless Display Market • The objective of the report is to provide a detailed analysis of the Wireless Display Market on the basis of an offering, technology protocol, application, and geography

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Author: Priya Kadam

Priya Kadam

Flag of India
India

Member since: Mar 13, 2019
Published articles: 56

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