Large venue and installation segment secures most valuable for projection, with value climbing by 5.2% in Q4 2022
While the overall market for projection is still navigating challenges left over from the pandemic, from economic insecurity to a change in corporate working habits, Q4 of 2022 saw Large Venue and Installation further cement its position as the most valuable segment.
Projection in Decline - But Strong Opportunities in High Brightness
The front projection market is projected to reach a value of $4.5 billion by 2026, new research from Futuresource Consulting finds. The figure is buoyed up by an industry-wide shift to high brightness, high resolution, and SSL (laser lightsource), which is the technology required to reach these upper-brightness categories.