Interactive Projector industry

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Interactive Projector industry Research
Report Forecast 2023
Interactive Projector industry Research Report
Forecast 2023
P a g e 1 Copyright
2017 Market Research Future.
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Interactive Projector industry Research Report
Forecast 2023
VIEW REPORTS
SAMPLE REPORTS
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Interactive Projector industry Research Report
Forecast 2023
Summary
Interactive projectors help the presenter to
connect with the projected images with the added
sensors that can track movements and add them to
the projected image. Interactive projectors
allow the presenter to interact with the
displayed image using an electronic/ mechanical
stylus or gestures using fingers. Interactive
projectors are extensively used in sectors such
as education, healthcare, media advertisement,
hospitality tourism, and enterprises among
others. Rapid advancements in technology over the
past few years have led most of the educational
institutions to focus on virtual as well as
e-learning methodologies which, in turn, is
driving the market growth of interactive
projectors hugely. Resultantly, the Interactive
Projector industry is garnering colossal traction
on the global platform. Recognizing the huge
traction, this market is witnessing, currently,
Market Research Future (MRFR) in its recently
published study report asserts that the global
Interactive Projector industry is expected to
reach approximately 3 BN USD with a whopping CAGR
of 21 CAGR during 2017-2023. Augmenting
adoption of interactive projectors in various
schools that have adopted interactive and
engaging teaching methods to facilitate the
learning experience predominantly drives the
market growth. Besides, extensive usages of
interactive projectors in organizations to
explain new modules to their employees during a
presentation foster the market growth. In
healthcare sectors, interactive projectors
extensively used to incorporate interactive games
to help the patients in stimulating physical
activity and encourage social interaction.
Widening uptake of the interactive projector in
the burgeoning healthcare industry is a key
driving factor supporting the market
growth. Additional factors substantiating the
market growth include advantages that interactive
projector deliver with the real-time access to
the content and informative data and inventions
in technologies. Simultaneously, the convenience
interactive projectors render to the users are
supporting the market growth, increasing the
popularity of these projectors. On the other
hand, factors such as the lack of awareness
towards this technology impede the market growth
especially in the developing regions, allowing a
slow adoption of these projectors. Also, the
high set-up cost incurred in the installation is
a key factor restricting the market growth of
interactive projectors.
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Interactive Projector industry Research Report
Forecast 2023
Competitive Analysis and Industry News
Fervent players driving the market for the
interactive projector include Seiko Epson
Corporation (Japan), ViewSonic Corporation (U.S),
BenQ Corporation (Taiwan), Dell Inc. (U.S),
Optoma Corporation (Taiwan), Hitachi, Ltd.
(Japan), Christie Digital (U.S), Touchmagix
(U.S), NEC Corporation (Japan), Sony Corporation
(Japan), Panasonic Corporation (Japan), Delta
Electronics (Taiwan), Boxlight Mimio (U.S),
Vivitek Corporation (U.K.), Infocus Corporation
(U.S), Casio (Japan), Mitsubishi Corporation
(Japan), and Touchjet, Inc. (U.S). The
Interactive Projector industry appears fiercely
competitive with the presence of several large
and small players operating in the market.
Well-established players incorporate
collaboration, acquisition, partnership, product
launch, and expansion in order to gain a
competitive advantage in this market.
Manufacturers are emphasizing on improving their
market performance by acquiring promising
companies in the fast-growing markets. Vendors
employ improvement strategies continuously to
analyze and update the software, implementing
improvements and launching new technologies to
meet the changing needs of the consumer.
Substantial investments are transpired in RD
sector from the major players which, in turn,
helping the market to grow. Growth in terms of
technologies and product innovations in the
market is also expected to create strong
investment opportunities for global
players. Market players strive to offer standard
and custom designed projectors that can provide
superior performance and provide long-term
service for demanding buyers. Emphasizing on
quality, using the latest production techniques
and quality standards, ensuring top quality and
maximum performance they develop the projectors
with the adept technologies, unique design, and
features. October 05, 2018 BenQ Corporation
(Taiwan) a global company involved in the sales
and marketing of consumer electronics, technology
products, and computing communications devices
launched its latest education interactive flat
panel display -RM5501K along with pioneering
products including laser projectors, digital
signage and dustproof projectors various
segments. October 18, 2018 Panasonic (India),
one of the global leaders offering a wide range
of Televisions, Home Appliances Consumer
Electronics launched its new top-end M Series
projector - the Panasonic MZ770 with 8,000 lumens
and a wide variety of suitable lenses that work
with many applications. M Series laser projectors
are 3LCD, a fantastic step up to move into the
laser space.
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MRFR has segmented the analysis into six key
dynamics for the scope of better
understanding- By Display Types Digital Light
Processing (DLP), Liquid Color Display (LCD) and
Liquid Crystal on Silicon (LCoS). By Projection
Distance Ultra-Short Throw, Short Throw, and
Standard Throw. By Resolution XGA, Wide XGA,
HD, and Wide UXGA among others. By Dimensions
2D, and 3D. By Application Education,
Healthcare, Media Advertisement, Hospitality
Tourism, and Enterprises among others. By
Regions Europe, North America, APAC and the
Rest-of-the-World (RoW).
Interactive Projector industry Research Report
Forecast 2023
Global Interactive Projector industry Segmental
Analysis
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Globally, the North American region accounts for
the leading market for interactive projectors.
Factors substantiating the market growth include
advancements in technologies and the market
proliferation of smart and connected devices.
These prevailing trends are also expected to
support the market to retain its dominance
throughout the forecast period. Presence of
well-established infrastructures that allows a
favorable environment for the development of
technologies alongside the presence of key
players in the region act as a tailwind to the
regional market, allowing it to witness
significant developments in technologies. The
Interactive Projector industry in the European
region is expected to witness rapid growth over
the forecast period owing to the burgeoning
tourism and healthcare sector. The emerging
travel industry in the region is supporting the
market growth favorably. Besides, the high
adoption of interactive projectors in the
government, as well as the corporate sector
drives the growth of the regional market. The
Asia Pacific region is emerging as a promising
market for interactive projectors which is
expected to grow at the fastest rate during the
forecast period. Burgeoning industries such as
media advertisement and travel and tourism help
the market to increase, allowing penetration of
these projectors. Besides, the proliferating
Healthcare sector provides impetus to the market
growth. Growing markets in countries such as
China, Japan, Korea, and India substantiate the
market growth, augmenting the demand for the
deployment of these projectors. Market players
are focusing on targeting the development of
advent interactive projectors to meet the
requirement of customers need which increases
the market size.
Interactive Projector industry Research Report
Forecast 2023
Regional Analysis
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Interactive Projector industry Research Report
Forecast 2023