According to InfoComm’s 2014 Global AV Market Definition and Strategy Study, the AV market is projected to be a whopping $114 billion global industry by 2016. Technavio analysts forecast the global projector market to be in excess of USD 132 billion in 2019, growing at a CAGR of more than 18%, according to their latest report.
Soumya Mutsuddi, a lead analyst at Technavio says “Rising popularity of sporting events such as FIFA, ICC Cricket World Cup, and Olympics have led to the adoption of projector screens by businesses such as restaurant and cafes, which project these events live. Individuals also use projectors to view live sports events, play games, and watch movies at their homes.”
This emerging market is vast in terms of locations where the environmental projector housings are being deployed.
The VIZBOX projector enclosures have been installed in:
World Heritage sites
Sensory Rooms (3D and 4D)
One of the UK’s largest public cave systems,
Outdoors on University campus and business parks…
The list is endless. This is no surprise as projection is the fast growing AV sector in the world today.