Press release
Global Wireless Display Market: Strong Projected Growth, New Trends, and Key Players from 2024-2029
Global Wireless Display Market
What Is The Projected Market Size Of The Global Wireless Display Market And Its Growth Rate?
• The wireless display market has seen substantial growth, with its size set to rise from $5.4 billion in 2024 to $6.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.0% driven by increased adoption of smart devices and the rise in remote work.
• Rapid growth in the market size is anticipated to continue, reaching an estimated $11.4 billion in 2029 with a CAGR of 16.7%, due to factors such as education and e-learning, healthcare and telemedicine, gaming and esport, IoT and smart home integration, and 5G connectivity.
What Is Driving The Growth In The Wireless Display Market?
The growth of the wireless display market is largely attributable to the increasing usage of consumer products like smartphones, tablets, computers, and smart TVs globally. Wireless display technology enables the sharing of content from a phone or a computer on a TV or projector without needing a video cable, thus the demand for these consumer products both drives and fuels the growth of the market. For instance, in 2022 alone, the world had 6.648 billion smartphone users, accounting for 83.72% of the global population. Furthermore, data from the US Census Bureau's Current Population Survey (CPS) and American Community Survey (ACS) indicates that the percentage of families owning at least one computer rose from 89.3% in 2016 to 94.5% in 2021 and is projected to reach 95.2% in 2022.
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Who Are the Key Players Driving Wireless Display Market Growth?
Major companies influencing the growth of the wireless display market include:
• Amazon.com Inc.
• Actiontec Electronics Inc.
• Alphabet Inc.
• Apple Inc.
• Belkin International Inc.
• Google LLC
• Intel Corporation
• Lattice Semiconductor Corporation
• Marvell Semiconductor Group Ltd.
• MediaTek Inc.
• Microsoft Corporation
• NETGEAR Inc.
• Qualcomm Incorporated
• Roku Inc.
• Silicon Image Inc.
• Splashtop Inc.
• Squirrels LLC.
• Airtame ApS
• Barco NV
• BenQ Corporation
• Crestron Electronics Inc.
• Dell Technologies Inc.
• Epson Corporation
• InFocus Corporation
• Kramer Electronics Ltd.
• LG Electronics Inc.
• Mersive Technologies Inc.
• Optoma Technology Inc.
• Samsung Electronics Co. Ltd.
What Are The Key Trends In The Wireless Display Market?
Noteworthy trends in the wireless display market, which are set to drive its rapid growth, include:
• Cross-platform compatibility
• Zero-trust security
• Augmented Reality (AR) and Virtual Reality (VR)
• Interactive displays
• AI-powered features.
What Are The Segments Of The Global Wireless Display Market?
The global wireless display market is divided into the following segments:
1) By Offering: Hardware, Software And Services
2) By Technology: WirelessHD, WiDi, Miracast, AirPlay, Google Cast, Digital Living Network Alliance (DLNA), Other Technologies
3) By Application: Consumer, Corporate And Broadcast, Digital Signage, Government, Healthcare, Education, Industrial, Other Applications
Which Region Leads The Wireless Display Market?
North America was the largest region in the wireless display market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the future. Other regions covered in the wireless display market report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Wireless Display Market Global Market Report?
- Market Size Analysis: Analyze the Wireless Display Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Wireless Display Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Wireless Display Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Wireless Display Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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