Wireless Presentation Solutions Market to See 16 Percent CAGR

The Wireless Presentation Solutions Global Market Report reveals that sales of WPS, which is a segment of the rapidly evolving meeting and classroom collaboration market, grew 35 percent from 2016 to 2017, accounting for over $480 million in revenues, with further growth forecast in the short to medium term.

“The opportunities available in this space are vast,” says Anthony Brennan, research analyst at Futuresource Consulting. “There is growing demand in corporate and education markets for increased content sharing from a range of mobile devices to a main display. However, evolving end-user demands and the entrance of vendors from a wide range of backgrounds pose a significant threat to established WPS hardware companies.”

Although the dedicated WPS hardware segment, led by Barco ClickShare, is predicted to grow throughout the forecast period, with a 2017-2022 CAGR of 16 percent, ASPs are forecast to decline, as the market shifts to entry level solutions and competition intensifies. WPS vendors face a growing threat from an array of product categories, which are integrating wireless screen sharing as a secondary feature. In addition, the longer-term adoption of software-based solutions is expected to impact sales of proprietary hardware as the market matures. Futuresource forecasts that competition across product categories will escalate moving forwards, bringing new vendors to the segment and posing a unique threat to the make-up of the market.

Despite this, the outlook for dedicated WPS hardware solutions remains healthy in the short to mid-term, with demand for sharing content from multiple devices in meeting and classrooms growing. This is particularly evident in Western Europe and North America, where volumes are most concentrated. China presents an anomaly in the worldwide market, with the country dominated by domestic players and international brands struggling to gain a foothold. The role of low-cost solutions coming from China adds even more pressure to this rapidly changing market.

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In a unique industry first, this report sizes and profiles the global WPS category, providing detailed market sizing, brand share analysis and forecasting for hardware-based commercial grade wireless presentation solutions in B2B markets.

The report also forecasts market growth of competing technologies and discusses the developments in software based WPS and trends in the integration of wireless presentation capabilities as a feature into other meeting and classroom hardware. In addition, the report offers an overview of the competitive landscape providing key vendor profiling and shipment information.

Gary Kayye

About Gary Kayye

Gary Kayye, founder of rAVe Publications, is one of the most prominent personalities in the audiovisual industry. He has been a contributor to WIRED magazine and a technical advisor and columnist for Sound & Communications magazine as well as an opinionated columnist for rAVe [Publications] since 2003. In addition to his writing and market analysis, Gary has been a product, marketing and business operations consultant to dozens of AV companies in the U.S. and overseas. Clients have included companies such as Sony, Sharp, Epson, Lutron, InFocus, Sanyo, Mitsubishi, NEC and Philips.   Gary, who has been involved with the audiovisual market for over 20 years, was the recipient of the InfoComm 2003 Educator of the Year Award and the 2007 NSCA Instructor of the Year Award. Over the years, he has donated much of his time as an active volunteer in the AV industry’s trade association and served as chairman of InfoComm’s Professional Education & Training Committee (PETC), chairman of the ICIA Design School Committee and chairman of InfoComm’s Installation School Committee. In addition, he has served on the InfoComm board of governors. He also helped grow the InfoComm Projection Shoot-Out as the premiere AV industry trade show special event serving on the committee from 1991 through 1997, and was instrumental in launching the Shoot-Out in the European market at the Photokina Expo in 1994 and 1996 as well as the Asian market at the 1995 and 1997 INFOCOMM Asia shows.   Prior to founding his own company, Gary was vice president of sales and marketing for AMX Corporation (www.amx.com), a manufacturer specializing in professional AV and residential AV control systems. Prior to AMX, Gary spent nine years at Extron Electronics (www.extron.com), rising to the position of vice president of sales and marketing. Gary earned his bachelor’s degree in journalism in 1987 from the University of North Carolina and is currently Adjunct Faculty at UNC in the School of Journalism teaching a class on how future technologies will affect the future of advertising, PR and marketing.   He is also the founder of Swim for Smiles, a non-profit that raises money for the N.C. Children’s Hospital through swimming and other fitness-related events for kids. You can contact him at gary@ravepubs.com..