In 2032, it’s predicted that the market for wireless displays will grow to $12,989.0 million. The use of various wireless display adapter types is predicted to increase over the next ten years as commercial preference for visual marketing and advertising tactics increases.
The demand for wireless screens increased by 10.4% between 2016 and 2021. According to FMI, the worldwide wireless display market is anticipated to reach US$ 4,338.0 Million in 2022. By doing away with the need for VGA or HDMI converters and AV cables, wireless display streamlines the process of connecting smartphones, tablets, and PCs to projectors and room displays.
The market for wireless displays is the area of technology that enables users to wirelessly send audio and video material from a computer or mobile device to a display device like a TV or monitor. With the help of this technology, there is no longer any need for physical connections like cables between the source and display devices.
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The market for wireless display technology has been growing rapidly in recent years, driven by factors such as the increasing demand for flexible and mobile work environments, the rise of smart homes, and the growing popularity of streaming services.Although the market for wireless displays has grown significantly, it still confronts difficulties such device incompatibilities and bandwidth and signal strength restrictions. However, as the
Competition Analysis
Some of the prominent companies present in the global wireless display market include
- Google, Inc.,
- Apple Inc.,
- Microsoft,
- Roku, Inc.,
- Lattice Semiconductor,
- NETGEAR, Cavium,
- Actiontec Electronics, Inc., and
- Belkin International, Inc. among others.
The majority of the leading players are aiming to launch state-of-the-art wireless displays as per the requirements of a wide range of end-use industries. They are also joining hands with numerous educational institutions to supply their Bluetooth PC monitors for the betterment of students. A few other companies are engaging in mergers & acquisitions and joint ventures to strengthen their positions in the global wireless display market.
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Key Segments Profiled in the Global Wireless Display Market
Wireless Display Market by Offering Type:
- Hardware
- Software
- Services
Wireless Display Market by Application:
- Consumer
- Commercial
- Corporate
- Educational
- Government
- Healthcare
- Others
Wireless Display Market by Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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