Report: Pocket Projector Market Poised for Rapid Growth
Posted in: pico projector, projector, Today's Chili
According to market research firm DisplaySearch’s recently released Pocket Projector Technology and Market Forecast Report, the market for pocket projectors is poised for strong growth in 2010 and beyond. DisplaySearch forecasts that the total pocket projector market will grow from 0.5 million units and $117 million in revenues in 2009 to 142 million units and $13.9 billion in revenues in 2018, a compound annual growth rate (CAGR) of 70 percent for revenues and 88 percent for units (as shown in the graph here, which is from the report).
“There were over 130 new pocket projector models released in the market in 2009, along with the first releases of embedded projectors into the market. Despite this, pocket projectors still face challenges of low brightness, short battery life and high price. Continuing progress in all the technologies surrounding pocket projectors will be needed to achieve the expected growth,” noted Jennifer Colegrove. Director of Display Technologies at DisplaySearch.
Post a Comment