wireless-display-market

Wireless Display Market By Offerings (Hardware, Software and Services), By Technology (Google Cast, WiDi, Wireless HD, Miracast, Airplay, and Others), By Application (Residential and Commercial) - Growth, Future Prospects and Competitive Landscape, 2024 – 2032

27 Mar 2019 Format PDF icon PPT icon XLS icon Request Sample

Overview:                      

The global wireless display market was at a CAGR of 11.5% during the forecast period from 2023 to 2030. Wireless display technology has evolved greatly over the last few years and is now witnessing more widespread use and adoption. Wireless displays are those that can be accessed wirelessly from a separate compatible device such as smartphone, tablet or laptop, allowing enhanced content viewing over a peer-to-peer media transmission to a larger display gadget without using wires. The traditional broadcast pattern of displays supporting only one directional flow of information has become antiquated. It has been replaced by the paradigm of wireless display that is shared and accessible by multiple people for having a more interactive and engaging experiences. Wireless display has expanded the use of mobile devices and other handheld devices from solely private, isolated involvements to enrich and inform social, shared experiences.

Wireless Display Market

Increasing adoption and use of various handheld devices has made the consumption of digital content one of the largest and fastest growth areas in the field of consumer electronics. The ubiquity of Wi-Fi has helped facilitate that growth as majority of wireless display solutions available in the market operate over standard IP networks like Wi-Fi. It is used for streaming videos, music, etc. to the compatible wireless display adapters.

Wireless display technology is becoming prevalent, making displays wirelessly accessible and is empowering participants in the room to share information more naturally and freely. Increasing adoption of wireless display technology in residential application for mirroring or streaming online content from external sources is expected to facilitate the market growth in the years to come. Moreover, growing availability of multiple wireless display options at minimal costs coupled with rising preference to adopt evolving technologies in consumer electronics are further projected to enhance the market growth across the globe.

Hardware accounted for the Largest Market Share in 2021

In 2021, hardware segment accounted for largest market share in the global wireless display market. The segment is likely to grow to at a significant rate during the forecast period from 2023 to 2030. Hardware is the primary component of the wireless display set-up as it helps facilitating an effective content transfer. The wireless display providers have been innovating and updating their hardware offerings on a continuous basis to meet the growing customer needs. Moreover, availability of various devices such as dongles, adapters and other streaming devices at a low cost has been contributing to the growth of this segment.

North America Garnered Largest Market Share in 2021

The global wireless display market, based on geography was led by North America in 2021 and is likely to grow substantially throughout the forecast period from 2023 to 2030. The growth of this region is mainly accredited to the technological advancements and increased adoption of display technologies across the commercial and residential applications. Growing penetration of smart devices is yet another most important growth stimulants for the market in the region. North America has a well-established infrastructure, which thereby allows faster implementation of advanced technologies.

Competitive Insights

The wireless display providers are continuously making substantial investments in the product innovations that are likely to aid the sale of their products. Some of the major players in the wireless display market include Google LLC, Amazon.com, Inc., Apple Inc., Intel Corporation, Microsoft Corporation, Roku, Inc., Netgear Inc., Cavium Inc., Actiontec Electronics, Inc., Belkin International, Inc., Lattice Semiconductors, and MediaTek Inc. among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Wireless Display market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Wireless Display market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Offerings
  • Hardware
  • Software
  • Services

Technology
  • Google Cast
  • WiDi
  • Wireless HD
  • Miracast
  • AirPlay
  • Others (DLNA, WHDI, WiGig, UWB, etc.)

Application
  • Residential
  • Commercial

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Wireless Display market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Wireless Display market?
  • Which is the largest regional market for Wireless Display market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Wireless Display market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Wireless Display market worldwide?
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