Global Interactive Projectors Market 2016-2020
Market outlook of the interactive projectors
Technavio’s market research analyst predicts the global interactive projectors market to grow tremendously at a CAGR of around 27% during the forecast period. The low cost of interactive projectors, when compared to other interactive devices such as interactive whiteboards and interactive flat panel displays, is the key growth driver for this market. Interactive projectors can be used on any surface and performs and provides the same quality of an interactive whiteboard.
The emergence of e-learning and virtual learning is also expected to contribute to the market growth of interactive projectors during the forecast period. E-Learning is gaining popularity in educational institutions all over the world, and the interactive projector is an ideal tool to deliver content with rich media. Virtual learning helps foster interactivity between students and teachers and has enabled the ease of access to education. It enables distance learning through live sessions, webinars, and video lectures.
Segmentation by technology and analysis of the interactive projectors market
- Short throw projectors
- Ultra-short throw projectors
Short throw projectors work best when the projection screen is perfectly flat, but can be used on a wide range of surfaces including whiteboards, blackboards and green screens. They come in a variety of form factors, from highly portable to large versions designed for permanent or semi-permanent installations.
Segmentation by end-user and analysis of the interactive projectors market
- Education sector
- Corporate sector
The education sector dominated the market during 2015, accounting for a market share of around 88%. The increased government initiatives and the adoption of e-learning are driving the market growth in this sector. Interactive projectors allow teachers/facilitators to present content in a more dynamic, comprehensive, and engaging manner than traditional methods of teaching.
Geographical segmentation and analysis of the interactive projector market
APAC dominated the global market during 2015, accounting for a market share of around 41%. Countries such as India, China Thailand, Malaysia, and Singapore are the major contributors in this region.
Competitive landscape and key vendors
There are only a few prominent vendors in the market; however, considering its potential, several vendors such as Texas Instruments (world's renowned semiconductor devices manufacturers) and Touchjet have entered this market.
The leading vendors in the market are -
- Seiko Epson
- Smart Technologies
Other prominent vendors in the market include Barco, Boxlight, Casio, Hitachi, Mitsubishi Electrical and visual imaging system, Ricoh, Sony, Texas Instruments, and Touchjet.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global interactive projectors market?
- What are the key market trends impacting the growth of the interactive projectors market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global interactive projectors market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the interactive projectors market?
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