Portable Projector Statistics By Revenue, Volume, Per-Capita Sales and Market Size

Maitrayee Dey
Written by
Maitrayee Dey

Updated · Oct 30, 2024

Rohan Jambhale
Edited by
Rohan Jambhale

Editor

Portable Projector Statistics By Revenue, Volume, Per-Capita Sales and Market Size

Introduction

Portable Projector Statistics: The portable projector market has emerged as a dynamic and rapidly evolving sector within the consumer electronics industry, characterized by technological advancement and diverse applications across multiple sectors. The convergence of increasing demand for flexible display solutions in business, education, and entertainment sectors has driven substantial market expansion.

The Portable Projector Statistics shows us how the industry has witnessed remarkable transformation by integrating advanced features such as wireless connectivity, improved resolution capabilities, and enhanced portability.  Accordingly, we can understand its increasing adoption across global markets.

Editor’s Choice

  • The global portable projector market reached USD 1.53 billion in 2023, with projected growth of USD 1.65 billion by the end of 2024.
  • LED projectors dominate with 60% of global portable projector sales in 2023.
  • Asia-Pacific leads with 35% market share, followed by North America at 30%.
  • The education sector accounts for 22% of the global portable projector market.
  • Business presentations drive 35% of portable projector sales.
  • Mid-range projectors (USD 200-USD 400) represent 50% of all sales.
  • 40% of portable projectors sold feature wireless capabilities.
  • Mini and pico projectors comprise 18% of the total market share.
  • Laser projectors account for 10% of sales, with expected growth to 15% in 2024.
  • The home entertainment sector saw a 15% increase in market demand in 2023.
  • WUXGA & 1080p resolution grew from 12% to 21% market share.
  • Global PC monitor and projector revenue is projected at USD 40.82 billion for 2024.
  • The average price per unit stabilized at around USD 165 globally.
  • Volume is expected to reach 262.17 million units by 2029.
  • Per capita sales volume has remained steady at 0.03 pieces since 2022.

PC Monitor And Projector Revenue Worldwide

revenue-of-the-pc-monitors-projectors-market-worldwide-from-2019-to-2029

(Reference:statista.com)

  • Portable Projector Statistics show that the C monitors and projectors market experienced fluctuations, with a notable peak in 2021 and a subsequent drop in 2022.
  • Revenue in 2019 for the PC monitors and projectors market was USD 37.52 billion.
  • The revenue dropped to USD 38.57 billion, reflecting a significant decrease from the 2021 peak.
  • Revenue in 2024 is projected to be USD 40.82 billion, showing a gradual recovery after the dip in 2022.

Average PC Monitor And Project Price

average-pc-monitors-projectors-price-worldwide-from-2019-to-2029

(Reference:statista.com)

  • Portable Projector Statistics show that the average price of PC monitors and projectors has consistently increased since 2019, though minimal increases.
  • Despite global economic changes, PC monitors and projectors’ prices have remained steady, reflecting stable demand and supply.
  • The average price of PC monitors and projectors worldwide was USD 162.73 in 2019.
  • From 2025 to 2029, the price will remain relatively stable, only around USD 165.
  • Over the 10 years from 2019 to 2029, the price range fluctuates within USD 3, suggesting substantial market equilibrium in pricing strategies.

The Volume of PC Monitors And Projects Worldwide

volume-of-the-pc-monitors-projectors-market-worldwide-from-2019-to-2029

(Reference:statista.com)

  • Portable Projector Statistics show that despite the decline in 2022, the market is expected to recover and gradually grow steadily through 2029.
  • The volume has experienced fluctuations, peaking in 2021 and then declining, possibly due to external factors such as supply chain issues or economic challenges.
  • In 2022, the volume decreased to 85 million units, marking a significant decline from the 2021 peak.
  • By 2029, the volume will reach 17 million units, indicating a steady growth trajectory.

Pre-capita Sales of PC Monitors And Projectors

per-capita-sales-volume-of-pc-monitors-projectors-worldwide-from-2019-to-2029

(Reference:statista.com)

  • Portable Projector Statistics show that PC monitors and projectors’ per capita sales volume has remained mostly stable, with only a temporary increase in 2021.
  • The per capita sales volume dropped back to 03 pieces in 2022.
  • From 2023 to 2029, the per capita sales volume will stay stable without significant changes.
  • The lack of anticipated growth in per capita sales volume suggests that demand for PC monitors and projectors will remain stable in the foreseeable future without significant shifts in global consumption patterns.

Worldwide Projector Market Share

(Reference:statista.com)

  • Portable Projector Statistics show that the market is shifting towards higher-resolution projectors, with growing shares for WUXGA & 1080p and the emergence of 4K projectors.
  • WUXGA & 1080p grew from 12% in Q2 2015 to 21% by Q4 2017, showing the increasing demand for higher-resolution projectors.
  • While 4K projectors began to emerge during the period, their adoption rate was slow but increasing, as seen from their introduction by Q3 2017.

Portable Projector Market Forecast

Portable Projector Market Size

(Source: Precedence Research)

  • The global portable projector market size surpassed USD 1.74 billion in 2023 and is projected to reach USD 3.60 billion by 2034, growing at a compound annual growth rate (CAGR) of 6.83% from 2024 to 2034.
  • In 2023, the North America portable projector market size was USD 590 million.
  • North America held the largest market share of 34% in 2023.
  • Asia Pacific is expected to experience significant growth during the forecast period.
  • The digital light processing (DLP) technology segment generated the highest market share of 65% in 2023.
  • The 50-200 inches projector size segment contributed the largest market share of 58% in 2023.
  • The wireless connectivity segment is expected to see significant growth in the market during the forecast period.
  • The home entertainment end-user segment dominated the market in 2023.
  • The offline distribution channel captured the largest market share of 76% in 2023.

Portable Projector Market by region

  • The U.S. portable projector market size was USD 200 million in 2023 and is estimated to grow to USD 430 million by 2034, with a CAGR of 7.20% from 2024 to 2034.

Type of Projectors

  • Virtual retinal display
  • Magic lantern
  • Overhead projector
  • Handheld projector
  • Opaque projector
  • Revolving lanterns
  • Shadow projector
  • Steganographic mirror
  • Mini portable home theatre projector
  • Camera obscura
  • Movie projector
  • Magic mirror
  • Video projector
  • Large-format slide projector
  • Slide projector
  • Document camera
  • Concave mirror
  • Real-time
  • Enlarger
  • Still images

(Source: wikipedia.org)

List of Projector Companies

Full Line Projector Manufacturers

  • BenQ
  • Barco
  • Epson
  • Canon
  • ASUS
  • Sony
  • Christie
  • Samsung
  • LG
  • ViewSonic
  • Optoma
  • Panasonic
  • NEC
  • Ricoh
  • Hisense
  • Sharp
  • XGIMI
  • Digital Projection
  • EIKI
  • Dukane
  • InFocus
  • Epson Europe

Limited Line, Specialty Consumer, and Pico Manufacturers

  • Acer
  • Aurzen
  • Appotronics
  • Elite Projector
  • Etoe
  • Dangbei
  • Formovie
  • HP
  • LM3X
  • JmGO
  • NexiGo
  • Fujifilm
  • Philips
  • Ultimea
  • Vankyo
  • VAVA
  • Wemax
  • Yaber
  • AWOL Vision
  • Norxe

Specialty Home Theater Manufacturers

  • JVC
  • SIM2
  • Wolf Cinema
  • Dream Vision
  • Visionair-e
  • Leica
  • Cineversum
  • ScreenPlay

Limited Line and Other Brands

  • AAXA
  • Caiwei
  • Anker
  • Kodak
  • miroir
  • Pico Genie
  • RCA
  • NOMVDIC
  • Changhong

Companies No Longer Producing Projectors

  • 3M
  • Dell
  • Compaq
  • Hitachi
  • Sharp Japan
  • Mitsubishi
  • Proxima
  • Apollo
  • Casio
  • Fujitsu
  • Maxell
  • Toshiba
  • Sanyo
  • Brookstone
  • Polaroid
  • IQI
  • AmPro
  • Apin
  • ASK Proxima
  • AVIO
  • Brilens
  • Chisholm
  • Faroudja
  • HTP
  • IBM
  • iGo
  • Lenovo
  • Lucem
  • Marantz
  • Oculon
  • Olympus
  • Planar
  • Runco
  • RoyalTek
  • Sanwa
  • Sahara
  • Sagem
  • SYBA
  • TouchJet
  • XEROX
  • Zenith
  • Yokogawa
  • ZTE
  • Vivitar
  • Tursion
  • ViviBright

Conclusion

The portable projector market demonstrates robust growth potential and increasing diversity in applications and technology. Portable Projector Statistics show that a projected market value of USD 1.65 billion by 2024 reflects strong consumer confidence and expanding use cases across various sectors.

The industry’s evolution is characterized by significant technological advancements, particularly in LED and laser projection systems while maintaining competitive pricing in the mid-range segment to ensure broader market accessibility. The industry’s ability to adapt to changing consumer needs while maintaining competitive pricing suggests a positive outlook for the portable projector market in the coming years.

Sources

FAQ.

What is the current market size for portable projectors?

As of 2023, the global market is valued at US$1.53 billion, with expected growth to US$1.65 billion by 2024

Which region leads in portable projector sales?

Asia-Pacific leads with a 35% market share, driven by demand from China, India, and Japan.

What is the most popular price range for portable projectors?

The mid-range segment between US$200-400 accounts for over 50% of sales

What type of projection technology is most common?

LED projectors dominate with 60% of global portable projector sales.

How much of the market is driven by business use?

Business presentations account for approximately 35% of portable projector sales.

What percentage of projectors have wireless capabilities?

About 40% of portable projectors come with wireless connectivity features.

How significant is the education sector in the market?

Education accounts for 22% of the global portable projector market.

What is the expected market volume by 2029?

The market volume will reach 262.17 million units by 2029.

How has the home entertainment sector impacted sales?

Home entertainment drove a 15% increase in market demand during 2023.

What is the current trend in projector resolution?

Higher resolutions like WUXGA & 1080p are gaining popularity, growing from 12% to 21% market share.

Maitrayee Dey
Maitrayee Dey

Maitrayee Dey has a background in Electrical Engineering and has worked in various technical roles before transitioning to writing. Specializing in technology and Artificial Intelligence, she has served as an Academic Research Analyst and Freelance Writer, particularly focusing on education and healthcare in Australia. Maitrayee's lifelong passions for writing and painting led her to pursue a full-time writing career. She is also the creator of a cooking YouTube channel, where she shares her culinary adventures. At Smartphone Thoughts, Maitrayee brings her expertise in technology to provide in-depth smartphone reviews and app-related statistics, making complex topics easy to understand for all readers.

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