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The market is moderately fragmented due to presence of several brands operating in the market in the form of local, regional, and global players. The key players operating in the portable projector industry are Anker Innovations, BenQ, Optoma, Xiaomi corporation, ViewSonic corporation, LG electronics, and Epson America among the others. The mentioned key players all together comprises a market share of 25-30 % in 2023. The global players are involving in launching new technologically advanced products to remain competitive in the market. To reach broader consumer audience manufacturers are also involving in strategic activities such as mergers and acquisitions, collaborations.
Major players operating in the portable projector industry include:
The offline segment accounted for over 75% share of the portable projector market in 2023, attributed to the increasing consumer preference for shopping through different retail platforms that provide satisfactory and overall value-added services.
The market size of portable projector was reached USD 1.7 billion in 2023 and is anticipated to register a CAGR of 6.8% between 2024 and 2032, due to digitalization in the education sector.
North America portable projector market will hold over 30% revenue share by 2032, backed by the prevalence of mobile lifestyles and the increasing demand for flexible, on-the-go presentation solutions.
AAXA Technologies Inc., Acer Inc., Anker Innovations Limited, Asustek Computer Inc., BenQ Corporation, Epson America Inc., LG Electronics Inc., Optoma Corporatio, Philips International B.V., RIF6, LLC, Seiko Epson Corporation, Sony Corporation, VANKYO Technology Co., Ltd., ViewSonic Corporation, and Xiaomi Corporation.