Global Wireless Display Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast: 2018–2027

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Wireless display technology comprises of peer-to-peer transmission of media such as music, movies, etc. with compatible larger devices regardless of wires. Global wireless display market is expected to register substantial growth, owing to increasing penetration of Internet, and usage of advanced technologies.

Market Dynamics:

Global wireless display market is expected to register significant growth, owing to increasing demand for over-the-top (OTT) media services. OTT refers to content providers that distribute content or streaming media as standalone product to end users by means of Internet, while omitting telecommunications, multichannel television, and broadcast television platforms. Increasing usage of such media services is expected to fuel growth of target market. In addition, increasing penetration of smart devices such as smartphones, smart TVs, and Internet are expected to influence growth of the target market. Current, digitization or digitalization has created demand for IoT enabled devices, which is expected to propel growth of the target market. Increasing application in commercial industries such as government, education etc. are estimated to create demand for wireless displays for conferences, teaching, etc. which will provide an upward growth to the global wireless display market over the forecast period.

However, wireless technology is expensive, as compared to wired technology which can hamper growth of the global wireless display market. In addition, availability of alternatives for wireless such as HDMI cables can challenge growth of the target market.

Regional Insights:

Market in North America is expected to register significant growth, owing to being an early adopter of advanced technologies. The region also has strong presence of tech-savvy population which is expected to generate demand for advanced wireless displays and estimated to fuel growth of the target market. Market in Asia Pacific is expected to register considerable growth, owing to increasing awareness regarding high-end technologies, and increasing penetration of Internet and smartphones which is expected to augment growth of the target market in the region. In addition, increasing disposable income, and increasing inclination towards luxury brands are some factors responsible for growth of the target market. Increasing industrialization in the region is one more factor expected to support growth of the target market. Markets in Europe, Latin America, and Middle East and Africa are estimated to grow at moderate rate in the global wireless display market.

Segmentation and Key Players Operating in Global Wireless Display Market:

Segmentation by offering:

• Hardware
• Standalone
• Brand Product Integrated
• Software and Services

Segmentation by application:

• Consumer
• Commercial
• Corporate & Broadcast
• Digital Signage
• Government (Defence, Command Center, and Public Offices)
• Healthcare
• Education
• Others (Automotive and Transportation, Industrial, and Hospitality)

Segmentation by technology protocols:

• WirelessHD
• WiDi
• Miracast
• AirPlay
• Google Cast
• DLNA
• Others (WHDI, WI Gig, and UWB)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa