In-Stat: Pico projector market to exceed $1.1B in 5 years
April 14th, 2009
by Ben Averch
By Vivek Naik, TMCnet Contributor
In-Stat has forecast in its research forecast titled, “Embedded Picoprojectors Ready To Break Out” that the picoprojector revenue stream will cross the $ 1.1 Billion mark by 2014 with mobile hand held devices and accessory projectors accounting for significant market shares.
The next popular categories that integrate picoprojectors would be fixed and mobile computing devices, and a whole range of multi-functional consumer electronic products such as a digital photo frame, personal media players, digital cameras, and digital camcorders.
“As mobile devices add more multimedia capabilities, embedded picoprojectors can add a big-screen experience to a very small device,” said David Chamberlain, Author of the report and Principal Analyst, Cellular Devices, Mobile Consumer and Mobile Video Services, In-Stat.
In-Stat found that illumination technologies are rapidly and continuously evolving by the day with manufacturers able to produce and supply Light Emitting Diodes (News – Alert) (LED’s) and green lasers, and that the demand for such gizmos integrated within other devices will be so huge that the volumes will easily drive down modular costs to the extent that picoprojectors will become part and parcel of relatively low cost cell phones and media players.
“Technological advances in miniaturization, signal processing, and light sources—including green laser—are making picoprojectors a realistic feature for small battery powered devices like cell phones, media players, computing devices, and other consumer electronics,” said Chamberlain.
The future for picoprojectors is guaranteed since there is evidence of consumers willing to pay more for additional technologies such as good quality cameras, reported TMCnet, to be included in a single hand held mobile device.
Tags: pico projector
This entry was posted on Tuesday, April 14th, 2009 at 3:48 PM and is filed under Industry News, Pico Projectors.
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