Wireless Display Global Market Report 2024

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 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 $4.79 billion in 2023 to $5.51 billion in 2024 at a compound annual growth rate (CAGR) of 15.1%.
The expansion observed in the historical period in the wireless display market can be attributed to factors such as the increased adoption of smart devices, the rise in remote work and Bring Your Own Device (BYOD) practices, a focus on collaboration and productivity, and technological advancements. These factors collectively contributed to the growth of the wireless display market during the historic period.

The wireless display market size is expected to see rapid growth in the next few years. It will grow to $9.71 billion in 2028 at a compound annual growth rate (CAGR) of 15.2%. The anticipated growth in the forecast period in the wireless display market can be attributed to factors such as the increasing adoption of wireless display solutions in education and e-learning, the integration of wireless displays in healthcare and telemedicine applications, the growing prominence of gaming and esports, the demand for IoT and smart home integration, and the advent of 5G connectivity. Major trends expected in the forecast period include cross-platform compatibility, zero-trust security measures, the incorporation of augmented reality (AR) and virtual reality (VR) features, interactive displays, and the integration of AI-powered capabilities.

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 wireless display market is expected to witness growth due to the rising consumption of digital content. Digital content encompasses information, data, or media presented in electronic formats, and wireless displays enable the seamless streaming and viewing of such content across devices without the need for physical connections. In 2021, individuals in the US spent an average of 421 minutes daily on digital media, a figure that increased to 439 minutes (approximately seven hours and 19 minutes) in 2022. This upward trend in digital content consumption is a significant factor propelling the wireless display market.

Companies in the wireless display market are strategically launching new products to capture a larger market share. Product launches represent organized efforts to introduce innovative solutions to the market and make them accessible for purchase. For example, in October 2021, BenQ, a Taiwan-based technology products company, introduced a smart wireless portable projector featuring 2.1 channel speakers, curved ultra-wide entertainment monitors, and Mobiuz-series gaming monitors.

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 December 2021, Molex, a US-based connectivity systems manufacturer, acquired Keyssa Inc. for an undisclosed amount, expanding its microconnector portfolio with cable-free connectors designed for near-field, highly flexible, and device-to-device applications. Keyssa Inc. is a US-based provider of high-speed contactless connectors.

Major companies operating in the wireless display market include Amazon.com Inc., Actiontec Electronics Inc., Alphabet Inc., App Dynamic EHF, Apple Inc., Belkin International Inc., Cavium 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, Airtight Networks Inc., 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 2023. 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.


This product will be delivered within 3-5 business days.