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Oct 8, 2020 8:00 AM ET

Global Wireless Display (Wi-Di) Market is set for a Rapid Growth and is Expected to Reach USD 7,000 Million Globally by 2026

iCrowd Newswire - Oct 8, 2020

Zion Market Research has published a new report titled “Global Wireless Display (Wi-Di) Market by product (Hardware, Software and Services) by technology (Intel, Airplay and Miracast) by application (Audio, Video and Pictures) and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026”. According to the report, the Wireless Display (Wi-Di) Market analysis was valued at around USD 3,330 million in 2019 and is expected to reach over USD 7000 million by 2026, growing at a CAGR of around 11.2% during the forecast period from 2020 to 2026.

Wireless Display (Wi-Di) as the name implies Wi-Di promotes wireless technology for streaming videos, movies, audios or pictures. Streaming can be easily done between compatible devices. For instance, a video can be streamed from a smartphone to its compatible High Definition Television (HDTV). Wireless Display (Wi-Di) technology is embedded on a chip called wireless display adapter. Wireless Display (Wi-Di) technology is used in smartphones and laptops to display the context on screen over the Television screen and can support the resolution upto 1080p.

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Wireless Display Market

Wireless Display (Wi-Di) promotes mobility, attains less maintenance and is highly secure. For instance, a wireless hotspot device can be connected as a network and the connection with main network is not required, thus keeping the projected presentation secure which in turn prevents any kind of information leakage from the industry.

The Wireless Display (Wi-Di) technology named Miracast is not compatible with recent versions of android. For instance, android device of version 4.2.1 was unsuccessful to project when updated to 4.2.2. Additionally the netgear Push2TV costs approximately USD60 which was considered as restraint in market, whereas Androids with jelly beam and latest version include Miracast support in them.

Wireless Display (Wi-Di) utilizes Airplay technology which is a proprietary technology. Airplay technology is attuned only with Apple Television. However, audio devices like Sony, Pioneer and Philips are compatible. Airplay held a considerable growth in market. Airplay is estimated for attraction in gaming where high end graphics are required with multiple user screens. Airplay supports device to device streaming that involves the hardware specifications of wireless display.

Miracast uses Wide-Fidelity (Wi-Fi) as direct means of interfacing with another laptop or computer. Wired interfaces are not involved for displaying the output. Wireless Display (Wi-Di) will be receiving support from Miracast in its 3.5 materialization. The androids will have Miracast inbuild in them. The growth of Wireless Display (Wi-Di) technology is emerging in the market by commercial firms, government sectors and retail.

The market of wireless display (Wi-Di) is classified into hardware, software and services. The software solutions including streaming services, operating systems provides easy installation, upgradation and flexibility. The primary component of Wi-Di set up is hardware. Companies are more focused on updating the features of display devices. Approximately two third of the Wi-Di market revenue is accounted by the hardware.

North America is the leading region as most of the headquarters are situated there. Some of the key market players in market are, Inc., Roku, Inc., Google, Inc., Apple, Inc., Action tec Electronics, Inc., Airtame, Inc., Lattice Semiconductor ,  Squirrels LLC and App Dynamic ehf.

This report segments the Wireless Display (Wi-Di)  market analysis as follows:

Global Wireless Display (Wi-Di) Market Analysis by Product-

Global Wireless Display (Wi-Di) Market Analysis by Technology-

Global Wireless Display (Wi-Di) Market Analysis by Application-

Global Wireless Display (Wi-Di) Market Analysis by Region-

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Keywords:    Wireless Display (Wi-Di) Market

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