Visual Presenter Market Report Overview
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global visual presenter market size was USD 354.2 Million in 2021 and market is projected to touch 783.975 Million by 2031, exhibiting a CAGR of 8.2% during the forecast period.
In many universities and learning institutions, a presenter can be utilized to swiftly scan and save documents. The current of is helpful in reading and copying, especially when current scanners are unavailable. In addition, many educators use the service to deliver video lessons. Educators can document the lectures and materials in use in class to accompany their lessons, which is useful for sharing with students after lecture or for those who missed class due to illness. Furthermore, smart boards have taken the role of blackboards, chrome books have taken the place of laptops, and the presenters have taken the place of projectors in classrooms. Additionally, presenter for instructors who are always looking for new ways to keep kids interested and transmit facts that they can understand.
COVID-19 Impact: Interruption in Supply Chains to Deplete Market Growth
The world is experiencing an economic crisis as a result of the COVID-19 pandemic. The pandemic, like many other markets, has caused the market's growth rate to slow. This is because educational institutions and business offices, which generate the majority of service demand, are currently non-operational in a number of nations, reducing demand for the consumer goods. Furthermore, COVID-19 has disturbed the service supply chain, hampered the presenter manufacturing and distribution. Yet, the market is projected to recover quickly in the near future.
The makers are seeing an increase in demand for their goods as more individuals turn to working remotely and training during the lockdown. Furthermore, COVID-19 has raised awareness of distant employment and educational solutions, which is projected to drive growth for the service. On the other side, many companies are having difficulty satisfying this increased demand due to supply chain issues. The market's growth is projected to accelerate after the supply chain challenge is remedied.
Latest Trends
"Wire Connectivity to Intensify Market Magnification"
The visual presenter market can be categorized into two segments based on connection type: wired and wireless. During the targeted period, the wire connectivity presenter category is likely to lead the market in terms of size. The wired connectivity presenter provides high quality, fast video/image streaming, which might be difficult for wireless connectivity presenters at times. Also, wired connectivity presenters are typically less expensive than wireless connectivity presenters. These factors have combined to propel the wired connectivity category to the market's top spot.
Visual Presenter Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into two-side-light-benchtop, one-side-light-benchtop, separate-bottom, portable
Two-side-light-benchtop is the leading part of the type segment
- By Application Analysis
According to application, the market can be segmented into education and teaching training, business meeting, public inspection system
Education and teaching training is the leading part of the application segment
Driving Factors
"Rapid Digitalization to Boost Market Share"
The education sector is rapidly digitizing. More than just a textbook is involved in studying. Interactive whiteboards, and projectors are among the digital technologies utilized in classes to make education more interactive and participatory. With increased digitalization, the necessity for the service in the educational sector is increasing which is benefitting the overall visual presenter market share. The education industry is currently the leading demand generator for the presenters. Several educational institutions throughout the world use the service for a variety of purposes, including showing textbooks and 3D objects, as well as real-time video recordings for demonstrations.
"Growing Necessity of Wireless Presenter to Expand Market Forwarding"
The wired presenter now dominates the visual present market. The need for wireless presenters, on the other hand, is projected to expand in the coming years. The increasing influence of wireless presenters can be ascribed to their ability to allow users to effortlessly move and share data inside a room. The wireless capability also enables the user to position and focus the presenter anywhere in the room. A variety of businesses have added wireless presenters to their product line to capitalize on the growing demand for these devices.
Restraining Factors
"Lack of Power Supply to Deplete Market Advancement "
Numerous emerging countries still lack dependable internet access and power supplies. This is one of the key challenges impeding the spread of digital technologies in poor countries. Because the presenters are ICT devices, they require electricity and an internet connection to function; the lack of a consistent internet connection and an electricity supply limits the use of the service. Furthermore, the lack of a reliable internet connection and an adequate power supply impedes the acceptance of online learning and working. This element also has a detrimental effect on the development of visual presenter market growth, despite the fact that these gadgets have proven to be helpful in distance teaching and working remotely.
Visual Presenter Market Regional Insights
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"Huge Requirement form the Education Sector to Foster Market Growth in North America"
North America dominates the sector as a whole and was responsible for the largest portion of global revenue. Over the projected period, North America is projected to command the highest visual presenter market share. One of the primary aspects contributing to the region’s dominant position in the market is huge requirement from the education sector. North America boasts a robust education industry and a number of prestigious and technologically advanced educational institutions. Also, various organizations that provide the presenters have a foothold in this region, which helps drive the development of the industry and the region.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
The analyst provides a comprehensive picture of the market through the study, synthesis, and summarization of data from various sources, as well as an examination of important variables such as financial gain, sales prices, competition, and promotions. It identifies the key industry influencers and presents various market facets. The information provided is thorough, reliable, and the result of extensive primary and secondary research. The market report provides a comprehensive competitive landscape as well as an in-depth vendor evaluation methodology and analysis based on both qualitative and quantitative studies to accurately forecast market growth.
The reports cover important advances with in market, as well as inorganic and organic growth strategies. Various companies are concentrating on organic business expansion such as product announcements, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth strategies observed in the market. The above activities have paved the way for market participants to expand their business and customer base. With the growing demands for filter products in the international market, market participants in the market are expected to benefit from substantial growth opportunities in the near future.
List of Market Players Profiled
- Seiko Epson (Japan)
- Hitevision (China)
- SMART Technologies (Canada)
- Yuanzhan Capital (China)
- WolfVision (Austria)
- ELMO Company (Japan)
- Shenzhen Yesvision Technology (China)
- Lumens Digital Optics (South Korea)
- Fujian Jieyu Computer Technology (China)
- Guangzhou Techland Electronics (China)
- IPEVO (U.S.)
- BAUCHE INTERNATIONAL GROUP (France)
- Pathway Innovations and Technologies (U.S.)
- QOMO (U.S.)
- HUE HD (U.S.)
- OKIOLABS (South Korea)
- XUNWEI Information Technology (China)
Report Coverage
The industry's growth was significantly influenced by the tactics employed by market participants in recent years, such as extensions. The report provides details and information on the companies and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other criteria considered for this market are the firms that develop and provide new products, the areas in which they operate, mechanisation, innovative techniques, making the most money, and using their products to have a large social impact. This analysis examines the global and regional effects of the outbreak mostly on the market. The study describes the market share features, and market growth by type, industry, and customer sector.
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 354.2 Million in 2021 |
Market Size Value By |
US$ 783.975 Million by 2031 |
Growth Rate |
CAGR of 8.2% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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What value is the global visual presenter market expected to touch by 2031?
The global visual presenter market is expected to touch USD 783.975 Million by 2031.
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What CAGR is visual presenter market expected to exhibit during 2021-2031?
The visual presenter market is expected to exhibit a CAGR of 8.2% over 2021-2031.
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Which are the driving factors of the visual presenter market?
Rapid digitalization and growing necessity of wireless presenter to drive the visual presenter market.
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Which are the top companies operating in the visual presenter market?
Seiko Epson, Hitevision, SMART Technologies, Yuanzhan Capital, WolfVision are the top companies operating in the visual presenter market.