Portable Projector Market is segmented By Technology (Digital Light Processing, Liquid Crystal Display, Liquid Crystal on Silicon, Others), By Project....
Market Size in USD
CAGR9.8%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.8% |
Market Concentration | Medium |
Major Players | AXA Technology, Xiaomi Corporation, Philips International B.V., LG Electronics, Seiko Epson Corporation |
The Global Portable Projector Market is estimated to be valued at USD 1.7 Bn in 2024 and is expected to reach USD 3.6 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2031. The COVID-19 pandemic has accelerated the demand for portable projectors as more people worked and learnt from home, fueling the need for flexible display options. The market is witnessing favorable trends such as rising adoption of portable projectors in corporate spaces and classrooms. Projectors offer advantages over stationary displays such as ease of movement and multi-device connectivity. Growing demand for large venue projection and interactive flat panels in educational institutions will drive the portable projector market during the forecast period. Technological advancements enabling higher resolution, brightness and connectivity at affordable prices are expanding the addressable market for portable projectors.