PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1394226
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1394226
Wireless Display Market Assessment, By Offering [Hardware, Software], By End-user [Residential, Commercial], By Region, Opportunities and Forecast, 2016-2030F
Global wireless display market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years. With projected revenue of approximately USD 4.51 billion in 2022, the market is forecasted to reach a value of USD 9.74 billion by 2030, displaying a robust CAGR of 10.1% from 2023 to 2030.
The global wireless display market has witnessed a remarkable growth, driven by the proliferation of smart devices and increasing need for seamless content sharing and streaming. With the rise in smartphone, tablet, and laptop usage, consumers and businesses alike demand efficient wireless display solutions. These technologies enable users to wirelessly mirror their device screens on larger displays, fostering interactive learning, dynamic presentations, and collaborative work environments. Wireless display enabled with technologies such as Wi-Fi, Bluetooth, and Miracast, allow users to seamlessly project or mirror their device screens onto larger displays, such as smart TVs, projectors, and monitors, without needing physical cables. This convenience is a significant demand driver, especially in an era where mobility and remote work are paramount.
In addition to the consumer market, the corporate sector has embraced wireless display solutions to accommodate the Bring Your Own Device (BYOD) trend. Businesses are integrating these technologies into meeting rooms and conference spaces, allowing employees to share content effortlessly during presentations. Technological advancements, such as the evolution of Wi-Fi standards and the development of high-resolution displays, have further enhanced the capabilities of wireless display devices. As a result, the market has become highly competitive, with established technology companies and startups investing in innovative solutions.
Proliferation of Smart Devices Driving Wireless Display Market
The proliferation of smart devices, including smartphones, tablets, laptops, and smart TVs, is a significant driving force behind the growth of the wireless display market. As more people and businesses adopt these devices, there is a growing need for seamless connectivity solutions. Wireless display technologies enable users to share content from their smart devices on larger screens without the hassle of cables. This convenience aligns with the modern user's desire for flexibility and mobility. In workplaces, educational institutions, and homes, the demand for wireless display options has surged due to the convenience of presentations, collaborative work, and entertainment without physical connections. As the number of smart devices continues to rise globally, the wireless display market is poised for continuous expansion, catering to the increasing need for effortless content sharing and interactive experiences across various sectors.
Miracast enables seamless video and audio streaming between devices without cables. Utilizing Wi-Fi Direct, a wireless technology facilitating direct device-to-device connections, Miracast establishes a secure wireless link between compatible devices. Developed by the Wi-Fi Alliance, a coalition of technology firms dedicated to advancing Wi-Fi technology and establishing industry standards for wireless networking, Miracast exemplifies its commitment to promoting innovative and efficient wireless solutions.
Remote Work and Online Learning Influence Wireless Display Market
The shift towards remote work and online learning, accelerated by the COVID-19 pandemic, has significantly influenced the wireless display market. With more people working and learning from home, there's a heightened demand for efficient communication and collaboration tools. Wireless display technologies have become essential in this context, allowing seamless screen sharing during virtual meetings, presentations, and online classes. Employees and students can easily share their screens from laptops, tablets, or smartphones to larger displays, enhancing engagement and understanding.
As organizations and educational institutions embrace hybrid models, some employees or students work or learn remotely, and others are physically present, the need for versatile wireless display solutions continues to grow. These technologies facilitate dynamic collaboration, foster interactive learning environments, and bridge the gap between in-person and virtual interactions. Consequently, the wireless display market has seen increased adoption due to its crucial role in supporting remote work and online education, catering to the evolving needs of modern workplaces and educational settings.
North America Dominates the Wireless Display Market
North America's dominance in the wireless display market can be attributed to several key factors. The region boasts a highly developed technological infrastructure, including advanced wireless communication networks, making it conducive for the widespread adoption of wireless display technologies. Additionally, North America is home to many major technology companies and innovators, driving research, development, and commercialization of cutting-edge wireless display solutions.
The region's robust economy encourages the adoption of smart devices and associated technologies. Moreover, North American businesses and educational institutions are often early adopters of new technologies, including wireless display solutions, to enhance collaboration and productivity.
Government Initiatives
New European Union regulations enforcing stringent energy efficiency standards for displays have been enacted in 2023. The regulations, part of an EU eco-design initiative, employ an energy efficiency index based on display size and luminance. While professional displays, like those used in digital signage, are exempt, these rules are expected to influence new product development in the business-to-business sector. The regulations, which cap energy consumption, present challenges for 8K displays as they consume more than double the energy of 4K counterparts. Manufacturers selling 8K devices will likely need to implement energy-saving presets to comply, potentially limiting the use of 8K capabilities. Samsung, a proponent of 8K TVs, plans to ship devices with default brightness-limiting eco modes, allowing users to switch to higher brightness settings, remaining within regulations' bounds.
The Indian government has introduced new regulations in 2023, allowing giant digital LED billboards to be installed across the city and state. The rules empower officials to review applications and address irregularities. These digital displays can be placed at various public locations like bridges, bus stands, parks, and railway stations. Licenses are valid for three years, with renewal required two years in advance. Printed displays can scroll with a dwell time of 10 seconds and a transition time of one second, but animated displays and moving videos are prohibited in busy areas. Design approval from local bodies is mandatory. Application fees for hoardings are USD 24.02 (INR 2,000) with a license fee of USD 72.07 (INR 6,000), which can be increased by up to 20% for LED or LCD advertisements.
Impact of COVID-19
The COVID-19 pandemic significantly impacted the wireless display market, accelerating its growth and adoption worldwide. With lockdowns and social distancing measures in place, remote work and online education became the norm. Consequently, a surging demand for efficient communication and collaboration tools drove the need for wireless display solutions. Businesses swiftly embraced these technologies to facilitate virtual meetings, presentations, and remote collaboration. Educational institutions integrated wireless displays to create interactive online learning environments.
Moreover, the entertainment industry saw a spike in demand for wireless streaming solutions as people spent more time at home. The pandemic acted as a catalyst, highlighting the importance of seamless content sharing and collaborative tools, leading to increased investments and innovation in the wireless display sector. As a result, the market experienced rapid growth during the pandemic, with companies and consumers alike recognizing the value of wireless display technologies in navigating the challenges posed by the global health crisis.
Key Players Landscape and Outlook
The wireless display market is witnessing a swift growth trajectory due to the increasing emphasis placed by companies worldwide on establishing advanced digital infrastructure. Furthermore, the market expansion is greatly facilitated by industrial automation, along with significant investments made by companies to enhance research and development resources, engage in collaboration projects, bolster marketing efforts, and expand distribution networks. These factors collectively contribute to the rapid expansion of the market.
In August 2023, Samsung introduced the Odyssey Neo G9Monitor, which has a dual UHD screen with Quantum Matrix technology, to the India wireless market. The monitor delivers excellent imaging in any gaming environment, from dark to bright scenes, due to its usage of quantum micro-LED technology and the VESA Display HDR 1000 certification. Even during the most intense gaming sessions, the Matte Display minimizes distractions by reducing light reflection on the screen. Manual switching sources are eliminated due to Auto Source Switch+, which recognizes when connected devices are turned on and automatically changes to the new source signal.
Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on Global Wireless Display Market
4. Executive Summary
5. Global Wireless Display Market Outlook, 2016-2030F
- 5.1. Market Size & Forecast
- 5.1.1. By Value
- 5.2. By Offering
- 5.2.1. Hardware
- 5.2.2. Software
- 5.3. By End-user
- 5.3.1. Residential
- 5.3.2. Commercial
- 5.4. By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. South America
- 5.4.4. Asia-Pacific
- 5.4.5. Middle East and Africa
- 5.5. By Company Market Share (%), 2022
6. Global Wireless Display Market Outlook, By Region, 2016-2030F
- 6.1. North America*
- 6.1.1. Market Size & Forecast
- 6.1.1.1. By Value
- 6.1.2. By Offering
- 6.1.2.1. Hardware
- 6.1.2.2. Software
- 6.1.3. By End-user
- 6.1.3.1. Residential
- 6.1.3.2. Commercial
- 6.1.4. United States*
- 6.1.4.1. Market Size & Forecast
- 6.1.4.1.1. By Value
- 6.1.4.2. By Offering
- 6.1.4.2.1. Hardware
- 6.1.4.2.2. Software
- 6.1.4.3. By End-user
- 6.1.4.3.1. Residential
- 6.1.4.3.2. Commercial
- 6.1.5. Canada
- 6.1.6. Mexico
- 6.1.1. Market Size & Forecast
All segments will be provided for all regions and countries covered:
- 6.2. Europe
- 6.2.1. Germany
- 6.2.2. France
- 6.2.3. Italy
- 6.2.4. United Kingdom
- 6.2.5. Russia
- 6.2.6. Netherlands
- 6.2.7. Spain
- 6.2.8. Turkey
- 6.2.9. Poland
- 6.3. South America
- 6.3.1. Brazil
- 6.3.2. Argentina
- 6.4. Asia-Pacific
- 6.4.1. India
- 6.4.2. China
- 6.4.3. Japan
- 6.4.4. Australia
- 6.4.5. Vietnam
- 6.4.6. South Korea
- 6.4.7. Indonesia
- 6.4.8. Philippines
- 6.5. Middle East & Africa
- 6.5.1. Saudi Arabia
- 6.5.2. UAE
- 6.5.3. South Africa
7. Market Mapping, 2022
- 7.1. By Offering
- 7.2. By End-user
- 7.3. By Region
8. Macro Environment and Industry Structure
- 8.1. PESTEL Analysis
- 8.2. Porter's Five Forces Analysis
9. Market Dynamics
- 9.1. Growth Drivers
- 9.2. Growth Inhibitors (Challenges, Restraints)
10. Key Players Landscape
- 10.1. Competition Matrix of Top Five Market Leaders
- 10.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
- 10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
- 10.4. SWOT Analysis (For Five Market Players)
- 10.5. Patent Analysis (If Applicable)
11. Pricing Analysis
12. Case Studies (If applicable)
13. Key Players Outlook
- 13.1. Microsoft Corporation
- 13.1.1. Company Details
- 13.1.2. Key Management Personnel
- 13.1.3. Products & Services
- 13.1.4. Financials (As reported)
- 13.1.5. Key Market Focus & Geographical Presence
- 13.1.6. Recent Developments
- 13.2. Samsung Electronics Co., Ltd.
- 13.3. Google LLC
- 13.4. Apple Inc.
- 13.5. LG Electronics Inc.
- 13.6. Sony Corporation
- 13.7. Intel Corporation
- 13.8. Roku, Inc.
- 13.9. Epson Corporation
- 13.10. Barco NV
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
14. Strategic Recommendations
15. About Us & Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1. Global Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 2. Global Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 3. Global Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 4. Global Wireless Display Market Share, By Region, in USD Billion, 2016-2030F
- Figure 5. North America Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 6. North America Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 7. North America Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 8. North America Wireless Display Market Share, By Country, in USD Billion, 2016-2030F
- Figure 9. United States Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 10. United States Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 11. United States Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 12. Canada Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 13. Canada Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 14. Canada Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 15. Mexico Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 16. Mexico Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 17. Mexico Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 18. Europe Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 19. Europe Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 20. Europe Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 21. Europe Wireless Display Market Share, By Country, in USD Billion, 2016-2030F
- Figure 22. Germany Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 23. Germany Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 24. Germany Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 25. France Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 26. France Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 27. France Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 28. Italy Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 29. Italy Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 30. Italy Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 31. United Kingdom Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 32. United Kingdom Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 33. United Kingdom Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 34. Russia Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 35. Russia Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 36. Russia Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 37. Netherlands Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 38. Netherlands Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 39. Netherlands Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 40. Spain Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 41. Spain Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 42. Spain Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 43. Turkey Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 44. Turkey Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 45. Turkey Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 46. Poland Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 47. Poland Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 48. Poland Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 49. South America Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 50. South America Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 51. South America Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 52. South America Wireless Display Market Share, By Country, in USD Billion, 2016-2030F
- Figure 53. Brazil Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 54. Brazil Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 55. Brazil Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 56. Argentina Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 57. Argentina Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 58. Argentina Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 59. Asia-Pacific Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 60. Asia-Pacific Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 61. Asia-Pacific Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 62. Asia-Pacific Wireless Display Market Share, By Country, in USD Billion, 2016-2030F
- Figure 63. India Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 64. India Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 65. India Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 66. China Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 67. China Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 68. China Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 69. Japan Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 70. Japan Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 71. Japan Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 72. Australia Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 73. Australia Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 74. Australia Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 75. Vietnam Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 76. Vietnam Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 77. Vietnam Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 78. South Korea Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 79. South Korea Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 80. South Korea Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 81. Indonesia Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 82. Indonesia Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 83. Indonesia Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 84. Philippines Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 85. Philippines Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 86. Philippines Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 87. Middle East & Africa Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 88. Middle East & Africa Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 89. Middle East & Africa Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 90. Middle East & Africa Wireless Display Market Share, By Country, in USD Billion, 2016-2030F
- Figure 91. Saudi Arabia Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 92. Saudi Arabia Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 93. Saudi Arabia Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 94. UAE Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 95. UAE Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 96. UAE Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 97. South Africa Wireless Display Market, By Value, in USD Billion, 2016-2030F
- Figure 98. South Africa Wireless Display Market Share, By Offering, in USD Billion, 2016-2030F
- Figure 99. South Africa Wireless Display Market Share, By End-user, in USD Billion, 2016-2030F
- Figure 100. By Offering Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 101. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2022
- Figure 102. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022
