The global wireless display market is expected to have significant growth in the near future. Wireless display technology allows users to connect to compatible devices such as a laptop, tablet or smartphone to stream videos, music, films, and apps to larger screens. The technology now supports the much better resolution and 4K content that drives the adoption of wireless display. Increasing adoption of on-demand entertainment and simplified setup process and easy to connect are further fuelling the market growth. Further, the growth in the market is attributed to increasing demand for over the top (OTT) media services across the globe. However, due to the availability of alternative devices such as HDMI cables can limit the growth of the wireless display market. Further, primary reasons hindering the growth of the market include high production costs, budget constraints, and technical complexities.
The market is segmented on the basis of offering and technology. On the basis of offering, the market is segmented into hardware and software. On the basis of technology, the market is segmented into airplay, google cast, miracast and others. Airplay technology is anticipated to gain popularity in gaming applications and requires multiple high-end graphics. The demand for airplay, google cast, and miracast technology is growing owing to various benefits offered by it including customizable layouts and supports a number of connected users sharing any amount of content on the display simultaneously. Wireless displays are widely used in the consumer sector as consumers are primarily using wireless display devices for streaming entertainment content such as Netflix and Hotstar.
Geographically, the wireless display market is segmented on the basis of the regions including North America, Europe, Asia-pacific, Rest of the World (RoW). North-America region is the largest contributor to the market owing to increasing adoption of OTT content services such as Netflix and Hulu. The top players in the global wireless display market are Google LLC, Apple Inc, Microsoft Corp. Actiontec Electronics, Inc., Airtame Inc. The companies are introducing various products to stay competitive in the market. For instance, recently (2019), ScreenBeam launched its latest education-based solution, ScreenBeam 1000 EDU. ScreenBeam provides wireless display and collaboration solutions across the globe. Recently launched new 4K wireless display and collaboration solution allows native content sharing without apps on all devices including student Chromebooks. Such continuous development is expected to contribute to the growth of the wireless display market in the near future.
Research Methodology:
The market study of the global wireless display market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Authentic public databases
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended to consumer electronics manufacturer, investing and private companies, for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Global Wireless Display Market Research and Analysis by Offering
- Global Wireless Display Market Research and Analysis by Technology
The Report Covers:
- Comprehensive research methodology of the global wireless display market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Insights about market determinants which are stimulating the global wireless display market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players
