The
global interactive projectors market is anticipated to reach USD 4.56 billion
by 2025, according to a new report by Grand View Research, Inc. An interactive
projector is an institutional tool that makes any surface interactive. It
offers efficient user interaction, real-time learning, multi-touch
collaboration, and PC-free interactivity and enables easy integration of
materials.
Embedded
and energy efficient projection technology offers smart devices that use
gesture interface and simple touch to interact with users. The increasing
adoption of e-learning in the education and corporate sector is expected to
drive the demand for the interactive projector market. With the advent of
faster telecommunication technologies and networking, the e-learning market is
anticipated to witness a significant growth over the projected period. The
developing countries like Malaysia, Vietnam, and Thailand transformed the
interactive projector marekt into a bustling industry with vast revenue
opportunities for e-learning.
The
Bring Your Own Device (BYOD) market is driven by factors such as reduced
hardware cost and increased proliferation of smartphones. Employees prefer
using a single device for both professional and personal work to avoid theft
and difficulty involved in carrying two separate devices; influencing the
interactive projector demand. The increasing focus on product innovations, such
as integration of projector with handheld digital cameras and mobile phones. is
anticipated to improve the functionality of a projector in the education
segment.
Technology
obsolescence is one of the major factors expected to hinder the market demand.
Furthermore, vendor-developer partnerships may pose numerous challenges. The
growing need for highly developed IT infrastructure is anticipated to be a
challenge for the industry demand. Additionally, the advent of these services
in smartphones and tablets is projected to fuel the market demand in the
upcoming years.
In depth research report on Interactive Projector
Market
Further key findings from the report suggest:
·
Increasing penetration of open
IoT platform that supports various applications, networks, and devices is
likely to spur the market demand
·
The Liquid-Crystal-on-Silicon
(LCoS) projection technology is expected to portray high growth rate with a
CAGR of over 24.4% over the projected period
·
The 3LCD technology segment
dominated the market in terms of revenue in 2016 as it provides higher color light
output
·
The increasing focus on product
innovations, such as integration with handheld digital cameras and mobile
phones, is anticipated to improve projector functionalities in the education
segment
·
The ultra-short throw segment
is expected to have high growth rate over the forecast period
·
Various government initiatives
undertaken by the emerging economies of the Asia Pacific region, to modernize
the education sector, are expected to drive the market demand
·
The key players of the market
include Optoma Technology, Inc. (U.S.), Delta Electronics, Inc. (Taiwan),
Panasonic Corp. (Japan), and Boxlight Mimio (U.S.)
Grand
View Research has segmented the interactive projector market based on
technology, projection distance, application, and region:
Interactive Projector Technology Outlook (Revenue,
USD Million, 2014 - 2025)
·
Digital Light Processing (DLP)
·
3LCD
·
Liquid-Crystal-on-Silicon
(LCoS)
Interactive Projector Projection Distance Outlook
(Revenue, USD Million, 2014 - 2025)
·
Standard throw
·
Short throw
·
Ultra-short throw
Interactive Projector Application Outlook (Revenue,
USD Million, 2014 - 2025)
·
Education
·
Business
·
Healthcare
·
Others
Interactive Projector Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
·
U.S.
·
Canada
·
Mexico
·
Europe
·
Germany
·
UK
·
France
·
Asia Pacific
·
China
·
India
·
Japan
·
South America
·
Brazil
·
The Middle East and Africa
(MEA)
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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