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.
Browse full research report on Interactive Projector
Market: http://www.grandviewresearch.com/industry-analysis/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.)
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies
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)
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, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
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