The global interactive projector market size 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:
https://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
interactive projector 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 request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/interactive-projector-market/request/rs1
Grand
View Research has segmented the interactive projectors 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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