Pico projector, also referred to as pocket or handheld projector technology, is a compact, easy-to-use version of a traditional projector. In general, pico projectors are available as stand-alone modules for use across various end user segments. However, in current times, pico projectors are being widely integrated in smart devices such as mobile phones, tablet PCs, laptops, digital cameras and camcorders. On the basis of technology, pico projectors can be categorized into three types, DLP (Digital Light Processing), LCoS (Liquid Crystal on Silicon), and LBS (Laser Beam Splitter/Steering) based pico projectors. In 2013, DLP based pico projectors accounted for majority of the share in global revenues, followed by LCoS and LBS-based projectors. Over the last three years, stand-alone pico projectors have witnessed increasing penetration in the SME (Small Medium Enterprises) sector across the globe. In embedded pico projector segment, growth was mainly witnessed in Head-Up Displays (HUDs), Head-Mounted Displays (HMDs), Smart Glasses, Smartphones and Digital Cameras.
According to “Global Pico Projector Market Forecast & Opportunities, 2019”
, the global pico projector market is projected to grow at a CAGR of 41% during 2014-19, with the Americas and Asia-Pacific expected to significantly contribute to this growth. With overall global IT spending crossing USD3 trillion in 2013 and SMEs accounting for USD870.8 billion, SMEs emerged as the leading revenue contributors in global pico projector market in 2013. Other than IT spending, rising mobile workforce is another major factor driving growth in the global pico projector market. In the coming years, new generation HD micro-display chips are expected to record higher volume shipments. Apart from growing laser based projectors, OLED technology is also expected to play a significant role in revolutionizing pico projector market over the next five years. Presently, Texas Instruments, Himax Technologies and Syndiant are the leading players operating in global pico projector market. “Global Pico Projectors Market Forecast & Opportunities, 2019”
discusses the following aspects about the pico projector market, globally:
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- Global Pico-Projector Market Size, Share & Forecast
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- Price Point Analysis
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- Competitive Landscape & Strategic Recommendations
- To gain an in-depth understanding of global pico projector market
- To identify the on-going trends and anticipated growth during the next five years
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The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with global pico projector vendors and channel partners. Secondary research included an exhaustive search of relevant publications like company annual report, financial reports and proprietary databases.