Press release
Wireless Display Market 2021-2030: Revolutionary Growth Fueled by Demand for Seamless Connectivity
Wireless Display Market
The rise in demand for wireless display technologies, the increase in the use of smart computing devices, such as smartphones, TVs, tablets, and computers, and the surge in demand for OTT media services drive the growth of the global wireless display market. On the other hand, the high manufacturing costs of wireless displays are expected to hinder the growth. On the contrary, government initiatives and strategies adopted by market players in the future.
Access the Full Report @ https://www.alliedmarketresearch.com/wireless-display-market-A14245
COVID-19 Scenario:
- The COVID-19 pandemic has caused workforce & travel restrictions, disrupted the supply chain, interrupted production, and reduced demand in many sectors. The decline in construction projects is anticipated to hinder the wireless display market growth.
- Reduction in the production by OEMs and decline in demand for electronic devices has hampered the wireless display market.
- As the vaccine campaigns are initiated around the globe, the recovery from the pandemic is expected to get better, especially in regions such as North America and Europe.
The report segments the global wireless display market based on technology protocol, offering, application, and region.
Based on the application, the consumer segment accounted for the largest market share in 2020, contributing to more than two-fifths of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the healthcare segment is estimated to witness the fastest CAGR of 14.3% from 2021 to 2030.
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Based on offering, the hardware segment contributed to the highest market share in 2020, contributing to around four-fifths of the total market share, and is anticipated to dominate the market during the forecast period. On the other hand, the software & services segment is expected to manifest the fastest CAGR of 13.8% from 2021-2030.
Based on region, Asia-Pacific, followed by North America and Europe contributed to the highest share in 2020, holding more than one-third of the total share, and is expected to maintain dominance throughout the forecast period. The same region is expected to portray the fastest CAGR of 11.9% from 2021-2030.
Key players of the global wireless display market analyzed in the research include Intel Corporation, Apple Inc., Roku, Inc., Google LLC, Microsoft Corporation, Marvell Semiconductor Group Ltd., Lattice Semiconductor, MediaTek Inc., NETGEAR, Inc., and Amazon.com, Inc.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
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