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The Global Wireless Display Market was valued at USD 2.63 billion in 2016 and is projected to reach USD 6.92 billion by 2025, growing at a CAGR of 11.35% from 2017 to 2025.
Wireless Display (WiDi) is a technology that enables users to stream music, movies, photos, videos and apps without wires from a compatible computer to a compatible HDTV or through the use of an adapter with other HDTVs or monitors. Wireless display have several benefits that includes - share content between portable devices and TV, can get high quality picture and sound on a large screen, convenient dual screen multi-tasking, securely and privately presentations, update software remotely, cost reductions, and better bandwidth management.
1. Market Drivers
1.1 Growing digital signage and dooh market
1.2 Advancements in display technologies
1.3 Rising adoption of on-demand entertainment
1.4 Increasing usage of smart TVs, smart phones, tablets, and computers
1.5 Easy setup and connection
2. Market Restraints
2.1 Issues with interoperability of technology protocols
2.2 Availability of cheaper substitute in wired connectivity devices
The Global Wireless Display Market is segmented on the technology protocol, component, application, and region.
1. Technology Protocol:
1.9 Google Cast
2. By Component:
2.1 Software and Services
2.2.1 Brand Product Integrated
3. By Application:
3.1.3 Corporate & Broadcast
3.1.5 Digital Signage
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
5. Lattice Semiconductor
6. Actiontec Electronics
8. Belkin International
14. Squirrels LLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Wireless Display Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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