Projector Shipments to More Than Double Between 2002 and 2006, IDC Says
FRAMINGHAM, MA – OCTOBER 29, 2002 – Digital projectors with increased brightness and higher resolutions are becoming more and more common in business and home theater environments. According to a new study from IDC, Worldwide Projector Forecast and Analysis, 2001-2006, worldwide projector shipments will climb from 1.5 million in 2002 to 3.5 million in 2006. However, increased pressure to reduce average selling prices will translate to only a 3.9% compound annual growth rate (CAGR) for worldwide revenues over the forecast period.
Smaller form factors have also been key to driving shipment growth in the projector market. "The sub-five pound projector category is growing quickly as features increase and prices decrease," says Jennifer Gallo, analyst for IDC's PC Displays and Projectors service. "These form factors are offering end-users much more flexibility and giving them some realistic and cost- effective options to meet their projection needs."
On a regional level, the United States leads the way with shipments andrevenues outpacing all other geographic regions through 2002. However, in 2003 Western Europe will emerge as a market leader and hold that positionuntil 2005 when the U.S. reemerges as the market leader. In addition, Asia/Pacific will experience aggressive growth levels throughout the forecast period.
Other important issues discussed in the study are:
Vendors are introducing projectors with various wireless technologies.
Networking support and simple computer functionality have begun to be incorporated into projectors and this trend will continue throughout the forecast period.
The home theater projector market is driving a great deal of product innovation.
Brightness requirements for digital front projectors continue to increase.
IDC's study, Worldwide Projector Forecast and Analysis, 2001-2006 (IDC #28065), contains a worldwide projector forecast, split by region, technology, category, and purchase channel. The study gives vendor shares as well as market share figures on microdisplay technology, distribution/purchase channel, and projector interface. The study covers five main regions of the world: the United States, Western Europe, Japan, Asia/Pacific, and the rest of the world (ROW).
To purchase this document, call IDC's sales hotline at 508-988-7988 or contact Jim Nagle at email email@example.com.
IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in- depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world's leading IT suppliers, IT organizations, ebusiness companies, and the financial community. Additional information can be found at www.idc.com. IDC is a division of IDG, the world's leading IT media, research and exposition company.
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