PUBLISHER: The Business Research Company | PRODUCT CODE: 1657107
PUBLISHER: The Business Research Company | PRODUCT CODE: 1657107
Wireless display technology allows users to showcase content from a phone or computer on a TV or projector without the need for a video cable. This technology is commonly used for mirroring content and online streaming in residential applications.
The main types of technologies employed in wireless display systems include Wireless HD, WiDi, Miracast, AirPlay, Google Cast, Digital Living Network Alliance (DLNA), and others such as WHDI, WiGig, and UWB. WirelessHD, for instance, is utilized in consumer electronic devices for the transmission of high-definition video content. Wireless display solutions are available in hardware, software, and services formats, catering to various applications in consumer electronics, corporate and broadcast settings, digital signage, government, healthcare, education, industrial sectors, and more.
The wireless display market research report is one of a series of new reports from The Business Research Company that provides wireless display market statistics, including wireless display industry global market size, regional shares, competitors with a wireless display market share, detailed wireless display market segments, market trends and opportunities, and any further data you may need to thrive in the wireless display industry. This wireless display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The wireless display market size has grown rapidly in recent years. It will grow from $5.4 billion in 2024 to $6.15 billion in 2025 at a compound annual growth rate (CAGR) of 14.0%. The growth in the historic period can be attributed to increased adoption of smart devices, rise in remote work and byod, collaboration and productivity, technological advancements
The wireless display market size is expected to see rapid growth in the next few years. It will grow to $11.4 billion in 2029 at a compound annual growth rate (CAGR) of 16.7%. The growth in the forecast period can be attributed to education and e-learning, healthcare and telemedicine, gaming and esports, iot and smart home integration, 5g connectivity. Major trends in the forecast period include cross-platform compatibility, zero-trust security, augmented reality (ar) and virtual reality (vr), interactive displays, ai-powered features.
The market is experiencing growth due to the increased utilization of consumer products such as smartphones, tablets, computers, and smart TVs on a global scale. Wireless display technology facilitates the projection of content from a phone or computer onto a TV or projector without the need for a video cable. The escalating demand for consumer products, particularly smartphones, is driven by advantages like enhanced connectivity and remote functionality. This surge in the use of smartphones, tablets, computers, and smart TVs translates into an increased demand for displaying content on larger screens, contributing to the market's expansion. In 2022, the world witnessed 6.648 billion smartphone users, accounting for 83.72% of the global population. Moreover, the percentage of families with at least one computer rose from 89.3% in 2016 to 94.5% in 2021, projected to reach 95.2% in 2022. Consequently, the growing adoption of consumer products is a key driver propelling the wireless display market.
The growing consumption of digital content is anticipated to drive the growth of the wireless display market in the future. Digital content encompasses information, data, or media stored, accessed, or delivered in electronic formats. Wireless displays facilitate seamless streaming and viewing of digital content across various devices without the need for physical connections. For example, in January 2024, DataReportal, a Singapore-based digital research platform, reported that there are 5.61 billion unique mobile phone users worldwide at the start of 2024. According to GSMA Intelligence, 69.4% of the global population now utilizes mobile devices, which represents an increase of 138 million users (or 2.5%) since early 2023. Additionally, over 66% of the world's population accesses the internet, totaling 5.35 billion users. The number of internet users has grown by 1.8% over the past year, adding 97 million new users since the beginning of 2023, highlighting the ongoing expansion of digital connectivity across the globe.
Companies within the wireless display market are concentrating on introducing a variety of new products or devices to attract more customers. A product launch represents a coordinated and strategic initiative to present a new item to the market and make it available for purchase. For instance, in July 2024, LG Electronics Inc., a South Korea-based multinational corporation specializing in major appliances and consumer electronics, unveiled the M4 OLED TV. The LG M4 OLED signifies a significant advancement in TV technology, particularly with its wireless capabilities that simplify home setup. It delivers excellent picture quality, robust processing power, and solid support for gaming, making it an excellent option for anyone seeking the latest in TV technology.
Major players in the wireless display market are introducing groundbreaking wireless innovations to lead the market and meet evolving consumer preferences. Innovations in wireless displays include technologies such as wireless charging and data transmission, as well as flexible and transparent displays, providing users with seamless and wire-free visual experiences. For instance, in August 2023, LG Corporation, a South Korea-based electronics company, unveiled the world's first 97-inch wireless OLED TV, the LG Signature OLED M (model 97M3), requiring only a power cord. This TV, a testament to LG's OLED innovation, boasts the largest OLED screen in the ultra-premium segment, utilizing the Zero Connect Box for real-time 4K 120Hz video and audio transmission up to 10 meters. The box supports Dolby Vision and Dolby Atmos, offering various connectivity options and three times faster data transmission than Wi-Fi 6E.
In January 2023, Yamaha Corporation, a Japan-based audio equipment manufacturer, entered into a partnership with ScreenBeam Inc. This collaboration aims to improve wireless audio conferencing experiences, especially in hybrid work settings. The partnership integrates Yamaha's ADECIA Microphone and Speaker Solution with ScreenBeam's 1100 Plus wireless display receiver. ScreenBeam Inc. is a US-based provider specializing in wireless display technology.
Major companies operating in the wireless display market include Amazon.com Inc., Actiontec Electronics Inc., Alphabet Inc., Apple Inc., Belkin International Inc., Google LLC, Intel Corporation, Lattice Semiconductor Corporation, Marvell Semiconductor Group Ltd., MediaTek Inc., Microsoft Corporation, NETGEAR Inc., Qualcomm Incorporated, Roku Inc., Silicon Image Inc., Splashtop Inc., Squirrels LLC., Airtame ApS, Barco NV, BenQ Corporation, Crestron Electronics Inc., Dell Technologies Inc., Epson Corporation, InFocus Corporation, Kramer Electronics Ltd., LG Electronics Inc., Mersive Technologies Inc., Optoma Technology Inc., Samsung Electronics Co. Ltd.
North America was the largest region in the wireless display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the wireless display market report during the forecast period. The regions covered in the wireless display analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the wireless display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The wireless display market consists of sales of technologies that are used in wireless displays such as Wireless Home Digital Interfaces (WHDI), Wireless Gigabit Alliance (WiGig), and Ultra-wideband (UWB ). Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Wireless Display Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wireless display market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wireless display ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wireless display market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.