Worldwide Projector Shipments to Reach 2.7 Million in 2006, IDC Says
FRAMINGHAM, MA – JUNE 11, 2002 – Smaller, lighter, and brighter projectors are translating into healthy market growth as worldwide unit shipments will reach 2.7 million in 2006, a 24.6% compound annual growth rate (CAGR) from 2002-2006, according to IDC. Falling price points for projectors will also help drive growth but temper overall revenues. IDC analysts will present preliminary findings from their upcoming worldwide projector forecast at a breakfast briefing during InfoComm (June 13, 2002).
Sub-five lb. projectors are the fastest growing segment of the market, as average selling prices dip below $3,000. "Decreasing prices are beginning to make these projectors a more realistic option for those planning a purchase in the near future," says Bob O'Donnell, IDC Research Director of Device Technology. "Although not as aggressive, we expect the 5-10 lb. category to continue to grow as well."
Regionally, the United States is the worldwide projector volume leader, and that trend will continue. However, in terms of growth, the emerging Asia/Pacific region will come on strong over the next five years, experiencing a healthy CAGR of 44.2% from 2002 through 2006.
PC vendors, which are now entering the projector market, will make a significant impact by taking share away from traditional projector vendors
Purchasers are demanding (and getting) higher resolution and higher brightness projectors at attractive price points
PC distribution channels are ideal for sales of small form-factor projectors
The education market will focus on form factor concerns as much as price concerns
Although it's starting out small, the home theater projector is beginning to have a significant impact on most projector vendors' plans
IDC's upcoming report, Worldwide Projector Forecast and Analysis, 2001-2006, contains a worldwide projector forecast, split by region, technology, category, and purchase channel. The report gives vendor shares as well as market share figures on microdisplay technology, distribution/purchase channel, and projector interface. The report covers five main regions of the world: the United States, Western Europe, Japan, Asia/Pacific, and the rest of the world (ROW).
IDC's worldwide projector market briefing will take place on Thursday, June 13, 2002 at the Treasure Island Hotel and Casino, Las Vegas, NV.
To register for this complimentary, one-hour (7:30-8:30 a.m.) briefing, contact Demetrios Louloudes at 508-935-4356 or firstname.lastname@example.org.
To order a copy of the report, Worldwide Projector Forecast and Analysis, 2001-2006, please contact Jim Nagle at 508-935-4549 or 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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