Interactive projector offers preferable solutions for presenters to help them actively participate in communications with their audiences as the images are projected. It typically mimics the function of interactive whiteboards or any surface where the projection of images is made. This facilitates presenters to involve in a dynamic interaction with the projected images with the help of a mechanical or an electrical stylus or more often just a finger. Advanced interactive projectors could allow the copying or printing, replaying, or capturing of user-generated data with or without the original projected images.
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Participants are forecasted to take to capturing untapped regions and extending product portfolio through long-term commitments. Innovation of product technologies for the purpose of offering better visual experiences could be a critical encouragement for participants to cash in on. Seiko Epson Corp., NEC Display Solutions, Ltd., Dell Technologies, Inc., Casio Computer Co., Ltd., and BenQ Corporation could be some of the top participants in the worldwide interactive projector market.
The global interactive projector market is anticipated to gain momentum in growth with healthcare application growing at a handsome rate in the recent years. In healthcare centers, information could be conveyed to visitors, staff, and patients with the use of interactive projector. Patients in waiting rooms could also be provided with information related to healthcare products and services and health insurance using interactive projector. The education sector is foreseen to raise demand for interactive projector because of rising need for environment-friendly and energy-efficient projectors. Demand in the market could also be positively influenced by increasing outlay of K-12 education in the U.S.
The smart homes industry is prophesied to set the tone for significant growth in the global interactive projector market with increase in market penetration owing to the emergence of internet of things (IoT). Teachings fostering critical thinking are said to be adopted by the education sector of the U.S., turning away from fact-based instructions due to the implementation of the Common Core State Standards (CCSS). Projects such as FAITH introduced by the government of Turkey in the education sector is projected to further push market growth in the near term.
Interactive projector is available in different types based on projection distances, viz. ultra-short, short, and standard throws. 0.38 to 0.50 is studied to be a short throw projector’s ideal throw ratio. Amount of light on the presenter’s eyes and shadows are observed to be significantly reduced with shorter projection distances. In this regard, a high growth rate could be displayed by the ultra-short throw projector market in the coming years. With a view to offer illumination solutions lasting for a long period of time, companies are predicted to invest heavily in research and development for improving frequency lamp replacement cycle, which is often complained about by end users.
The regional analysis covers:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
The rising demand for e-learning on account of promising factors such as time saving, availability, and easy accessibility is expected to augur well for the world interactive projector market. Players looking to clinch profitable business deals in the world interactive projector market could be favored with the increasing adoption of web-based teaching methods in the education industry. A considerable growth is projected to take shape in the world interactive projector market as a large number of students opt for digital education to improve their resumes. Furthermore, the corporate industry is anticipated to make its contribution to the world interactive projector market on the back of the augmenting significance of online training.
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The study presents reliable qualitative and quantitative insights into:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand chain of the market
- Market valuation (revenue and/or volume)
- Key trends/opportunities/challenges
- Forces defining present and estimated future state of the competitive landscape
- Technological developments
- Value chain and stakeholder analysis
Owing to a mounting awareness among end users and presence of bio-diverse cultures, Europe, North America, and other developed regions are envisaged to secure a telling growth in the international interactive projector market. However, in respect of revenue, North America could be one of the most influential regions in the international interactive projector market. This is envisioned to be on account of the surging penetration of bring your own device (BYOD) concept and prevailing large size of consumer base.
Thailand’s smart classroom policy and other government initiatives could be key for spurring the growth of Asia Pacific in the international interactive projector market. Other initiatives taken by emerging economies such as India, Malaysia, and Indonesia to modernize education systems are foreseen to be other factors driving the demand in Asia Pacific.
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