Wireless display market is expected to gain market growth in the forecast period of 2022 to 2029.analyses the wireless display market to reach at an estimated value of USD 10.1 billion by 2028 and grow at a CAGR of 11.1% for the forecast period of 2022 to 2029.
Wireless display is the wireless display sharing technology that is fast becoming prevalent allowing any form of display that is wirelessly accessible to flat panel LED, LCD, projector, video wall, among others. It allows users to transfer content from one computer to the other without being connected to the other through a video cable.
The growing digitization or digitalization which has created demand for , rising disposable income along with adopting on-demand entertainment and easy connection and setup is simplified across the globe which will emerge as the major factor driving market growth. In addition to this, the increasing usage of smartphones, smart TVs, tablets and computers and rise in preference for visual advertising and promotional strategies in commercial spaces will further aggravate the market value. On the other hand, the factors such as cheap substitutes in wired connectivity devices like USB and HDMI and low awareness about wireless display technology hammer down the growth rate for the market.
In addition to this, growth in DOOH market and digital signage generate new opportunities for growing the market within the forecast period. However, high costs involved in wireless display technology will dampen the growth rate that further result as a challenge for the market.
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Global Wireless Display : Major Players
MediaTek Inc.
Apple Inc.
Google LLC
Intel Corporation
Roku, Inc.
Marvell Semiconductor Group Ltd.
Global Wireless Display : Types
Hardware
Software & Services
Global Wireless Display : Applications
Residential
Commercial
Global Wireless Display : Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Wireless Display report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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