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Airplay Wireless Display Market Is Expected To Reach The Value Of USD 9.13 Billion By 2029

Submitted by mpradipm on Fri, 02/02/2024 - 00:10

The global Airplay Wireless Display Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Airplay Wireless Display market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses that the airplay wireless display market which was growing at a value of 3.82 billion in 2021 and is expected to reach the value of USD 9.13 billion by 2029, at a CAGR of 11.50% during the forecast period of 2022-2029.

Top Companies in the Global Airplay Wireless Display Market:
Amazon.com, Inc. (U.S.), Apple Inc. (U.S.), Google LLC (U.S.), Intel Corporation (U.S.), Microsoft Corporation (U.S.), Marvell Semiconductor Group Ltd. (U.S.), Roku, Inc. (U.S.), Lattice Semiconductor (U.S.), MediaTek Inc. (U.S.), among others.

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Market Segmentation:

Offerings

• Hardware

• Software

• Services

Application

• Consumers

• Commercial

• Corporate & broadcast

• Education

• Healthcare

• Digital signage

• Government

• Defence

• Command centre

• Public offices

• Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Drivers:

Widespread Adoption of AirPlay Technologies in Entertainment and Education Sectors:

The AirPlay wireless display, a widely embraced wireless connection standard, establishes a protocol for linking external monitors to devices through Wi-Fi. In the entertainment realm, AirPlay is commonly used for wirelessly streaming content from personal devices to HDTVs, offering simplicity in home Wi-Fi environments. Additionally, AirPlay finds applications in education, fostering collaboration and mobility in classrooms. The increasing utilization of AirPlay wireless display technology across entertainment, business, and education sectors creates significant growth prospects for the wireless display market.

Extensive Penetration of Personal Devices Coupled with Rapid Technological Advancements:

Rapid technological progress and widespread adoption in various applications, encompassing tablets, smartphones, computers, and smart TVs, are anticipated to propel revenue growth in the market. The surge in over-the-top (OTT) content availability contributes to the expansion of the AirPlay wireless display industry, particularly in consumer applications. In business applications, the market is driven by cost savings achieved through simplified setups, reducing time spent configuring meeting rooms.

The compatibility of wireless displays with 4K technology, offering higher-resolution content, is fostering adoption in consumer electronics. Moreover, the introduction of innovative products by companies is expected to further drive market growth in this region.

Opportunity:

Various governments in emerging economies are implementing measures and formulating strategies to boost the adoption of digital multimedia devices. The increasing use of digital signage in banking, retail, government, and DOOH (Digital Out of Home) sectors is poised to propel the wireless display industry forward.

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