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Interactive Projector Market to Reach US$ 20.9 Bn in Value by 2032, with Asia Pacific Leading the Way

According to a recent analysis released by Fact.MR, the interactive projector market share is anticipated to reach US$ 20.9 billion by 2032 with an estimated CAGR of 19.8 percent throughout the projected period. According to the survey, the use of interactive projectors is reflected in the increased demand. It is anticipated that interactive projector sales would increase dramatically. Additionally, sales of interactive projectors will increase by US$ 6.7 billion by 2026. It is anticipated that rising interactive projector sales would also help the market share of interactive projectors increase.

The analyst continuously observes and evaluates the pandemic’s direct and indirect effects on various end-use sectors while keeping in mind the unknowns surrounding COVID-19. These observations are included in the research because they are significant market contributors.

Key Takeaways:

The substantial advantages of interactive projectors over traditional projectors, rising acceptance of interactive projectors in the education sector, and the low cost of projectors in comparison to interactive whiteboards are the factors that are propelling the market’s growth.

The advantages of DLP projectors, including their greater contrast ratio, images that are impervious to dust thanks to sealed optics, and lower prices compared to 3LCD projectors, are credited with the expansion.

To eliminate shadows, limit the amount of light that reaches a presenter’s eyes, and help with installations when space is limited, ultra-short throw projectors are anticipated to increase at the fastest rate between 2016 and 2022.

Competitive Environment

One of the leading companies in the sector is BenQ Corporation (Qisda Corporation), which competes with Boxlight, Casio Computer Co. Ltd., Dell Technologies Inc., Delta Electronics Inc., Hitachi Digital Media Group, NEC Display Solutions Ltd. (NEC Corporation), Optoma Technology, Inc. (Coretronic Corporation), Panasonic Corp., Seiko Epson Corp., and Touch jet Inc.

In October 2020, the Epson Epiq Vision lineup expanded to include the Epson Epiq Vision Ultra LS300, Mini EF12, and Mini EF11 streaming laser projectors. Customers get an incredible viewing experience for streaming and gaming content thanks to built-in Android TV, exclusive Yamaha sound, and Epson’s cutting-edge laser-array projection technology.

In June 2020, LG will introduce the 720p Cine Beam PH30N projector. It has a 2-hour-long built-in rechargeable battery and is easy to set up.

In January 2019, Canon announced the Rayo S1 projector, which enables consumers and corporate executives to play music files, and display photos, movies, and documents from their smartphones.

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