According to a new report, published by KBV research, The Global Interactive Projector Market size is expected to reach $11.6 billion by 2030, rising at a market growth of 22.2% CAGR during the forecast period.
The Liquid-Crystal-on-Silicon (LCoS) segment is exhibiting a CAGR of 24.7% during (2023 - 2030). The growing demand for LCoS-based interactive projectors can be attributed to their numerous benefits. LCoS technology provides sharper and more vibrant images with high contrast ratios, making the projected content visually appealing and engaging. LCoS projectors often have higher resolutions, allowing for detailed and clear visuals.
The Education segment is generating the maximum revenue in the Global Interactive Projector Market, by Application in 2022; thereby, achieving a market value of $5 billion by 2030. The market is expected to be propelled by the increasing demand for environmentally sustainable and energy-efficient projectors in the education sector. In addition, increasing spending on education worldwide will likely impact segment expansion. The significant advancements in the educational sector and the growing need for effective e-learning and presentation solutions are two critical elements driving the market's development.
The Short throw segment would experience a CAGR of 22.9% during (2023 - 2030). A short throw projector is defined by its ability to produce large images while minimizing eye pollution and shadows. These projectors are typically mounted on walls or ceilings near the area from which the image will be projected. Short-throw projection typically denotes a viewing distance from three to eight feet between the projector and the screen. These benefits propel the growth of the segment.
The North America region dominated the Global Interactive Projector Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.1 billion by 2030. The Europe region is anticipated to witness a CAGR of 22% during (2023 - 2030). Additionally, The Asia Pacific region is poised to grow a CAGR of 23% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/interactive-projector-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Qisda Corporation (BenQ), Casio Computer Co., Ltd., Dell Technologies, Inc., Delta Electronics, Inc., Boxlight Corporation, Sharp NEC Display Solutions, Ltd. (Sharp Corporation), Coretronic Corporation, Panasonic Holdings Corporation, Seiko Epson Corporation and Hitachi, Ltd.
By Technology
By Application
By Projection Distance
By Geography
Companies Profiled