Global Wireless Display Market to Grow at 11.5% CAGR between 2018 and 2026

According to a new market report published by Credence Research, Inc., “Global Wireless Display Market (By Offerings (Hardware, Software and Services), By Technology (Google Cast, WiDi, Wireless HD, Miracast, Airplay, and Others), By Application (Residential and Commercial)) - Growth, Future Prospects and Competitive Landscape, 2018 – 2026”, the global wireless display market is expected to witness a growth of 11.5% CAGR during the forecast period from 2018 to 2026.

Product Insights:

The global wireless display market was valued at US$ 2.96 Bn in 2017 and is projected to witness a significant growth, growing at a CAGR of 11.5% during the forecast period from 2018 to 2026. Wireless displays are helpful in projecting the web content, pictures, videos, music, movies, etc. from any handheld device onto a projection screen or television. It aids enhanced content viewing over a peer-to-peer (P2P) media transmission to larger display gadget without using any wired medium.

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Competitive Insights:

Major players in the wireless display market include Google LLC, Amazon.com, Inc., Apple Inc., Intel Corporation, Microsoft Corporation, Roku, Inc., Netgear Inc., Cavium Inc., Actiontec Electronics, Inc., Belkin International, Inc., Lattice Semiconductors, and MediaTek Inc. among others. The wireless display providers are adopting a number of strategies to thrive in the competitive environment.

The market players are continuously making significant investments in the product innovations to aid the sale of their products and are also expanding in the market to withstand their competition and sustain their position. Partnerships and new product development remain the most significant strategies that are been adopted by the key players to obtain superiority over others.