Global Portable Projection Screen Market 2017-2021

Overview of the global portable projection screen market

Technavio’s market research report predicts that the global portable projection screen market will grow at a CAGR of about 7% during the forecast period. The rising market for pico projectors is one of the primary drivers for market growth. Pico projectors are handheld devices with the ability to project digital data on any surface such as walls, boards, or screens. These devices are also known as pocket projectors due to their small and compact size along with being lightweight and easy to carry. Moreover, the pico projectors can also adjust the brightness depending on the surroundings which is not possible on the tripod type and floor standing type portable projection screens. As a result of these features, there is an increase in the adoption of these projectors among the education, banking, financial services, insurance, automotive, aerospace and defense, and healthcare sectors. This will in turn, accelerate the growth of the portable projection screen market.

With the evolution of technology and the introduction of an extensive range and product categories of projector screens, there will be an increase in the trend of owning advanced portable screens among the end-users. Moreover, there is already a rise in the popularity of home-based portable projection screens among individual users. This will induce more vendors to offer portable projector screens of sizes lower than 30 inches and in different price ranges and build material making them affordable to the individual users, which will subsequently fuel market growth. 

Competitive analysis and key vendors