Wireless Display Market –Industry Analysis and Forecast (2017-2026) _ by Offering (Hardware, Software and Services), by Technology Protocol (Mira cast, Wireless, and Others), by Application, and by Geography.
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.
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The report has detailed analysis of the Wireless Display Market on the basis of offering, technology protocol, application, and geography, complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Wireless Display Market globally, Top-down and bottom-up approaches have been used to estimate the global and regional size of this market.
Key factors expected to drive the growth of market include reduces wasted time to set up meeting rooms compared to wired connections. Rising smartphone propagation need for quicker wireless connectivity due to easy availability and use of digital multimedia, surging request across several consumer electronics devices.
However the major restraining factor for market growth is availability of cheaper replacements for connectivity, such as HDMI cables.
The hardware offering segment is expected to hold maximum no of share of the market.
The hardware offering segment is expected to hold maximum no of share of the Wireless Display Market during forecast period driven by number of companies have customized their products to garb various applications in the commercial space. The Wireless Display Market hardware is the principal component of the setup to facilitate effective peer-to-peer content transfer.
Consumer applications hold maximum number of share of the market during forecast period
Consumer applications is expected to have maximum number of share of market during forecast period reason of growing adoption of Over-The-Top (OTT)-based content across the world mainly in North America, Europe, and Asia Pacific (APAC). Increased the adoption of the wireless display technology in the consumer electronics sector because of technological innovations supporting greater video resolutions.
North America is expected to have the maximum number of share of market during forecast period
North America is expected to hold largest share of market during forecast period driven by enhanced use of Digital signage application by B2C firms from the retail, banking, and government sector. The Europe market is expected to grow at CAGR of 9.6% in Wireless Display Market.
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