DisplaySearch says pocket projectors will grow from 0.5 million units and $117m in revenues in 2009 to 142 million units and $13.9 billion in 2018, (a CAGR of 70 percent for revenues and 88 percent for units).
“There were over 130 new pocket projector models released in the market in 2009, along with the first releases of embedded projectors into the market. Despite this, pocket projectors still face challenges of low brightness, short battery life and high price. Continuing progress in all the technologies surrounding pocket projectors will be needed to achieve the expected growth,” notes Jennifer Colegrove, Director of Display Technologies at DisplaySearch.
Now the pocket projector market is dominated by stand-alone devices, which will reach 45m units and $8.9 billion in 2018.
But DisplaySearch says embedded/dedicated projectors shipments will surpass stand-alone units in 2014, as limitations in consumption, size, brightness and price improve. Embedded pocket projectors will reach 97m units and $5 billion in 2018.
Read the entire report here: http://www.displaysearch.com