Transparency Market Research (TMR) presents a new publication, titled “Wireless High Definition (HD) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The report examines demand drivers, growth trends, and technological advances that will impact the development of the wireless high definition market for the forecast period between 2016 and 2024. The impact of government policies and telecommunication statutes are also studied in detail in this report.
Wireless high definition aka UltraGig is a proprietary standard of Silicon Image to wirelessly transmit high definition video content on consumer electronics. The association currently has more than 40 adopters; some prominent names in the consortium include Intel, Panasonic, Samsung, Sony, Broadcom, LG, NEC, SiBEAM, Toshiba, and Philips.
Wireless high definition transmits in the extreme high frequency 60 GHz radio band. It enables both lightly compressed as well as uncompressed digital transmission of high-definition audio and video data signals. This configuration makes it equivalent to a wireless HDMI.
The global wireless high definition market is gaining from the expeditious growth of consumer electronics segment. The launch of new telecommunication spectrum that enables faster internet has been a key factor fuelling the growth of this market. The recent applications of wireless high definition technology in 3G and 4G mobile devices, portable media players and gaming devices, and HD camcorders have led this market to rake in high profits.
The global wireless high definition market is gaining from the rising adoption of wireless high definition technology in industrial processes. Further, due to the use of wireless high definition in medical and consumer goods, remarkable progress is on cards for the wireless high definition market.
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Despite a considerable number of growth factors, the market is challenged by rising manufacturing costs and extensive prevalence of unmet needs. Issues pertaining to licensing of trademark technologies is also challenging the market’s growth. However, pitfalls in existing technology platforms is likely to provide significant opportunities for players in the wireless high definition market. In addition, rising proliferation of smartphones and wireless technologies is likely to aid the market’s growth in the upcoming years.
The report studies the global wireless high definition market based on a few parameters, viz. technology, application, and geography. Based on technology, wireless gigabit alliance, TransferJet, chip ASPs, wireless display, and others are the segments that divide this market. In terms of application, laptops, tablets, televisions, recorders, e-book readers, smartphones, CE media dongles, and set-top boxes are the segments of the wireless high definition market.
Regionally, the global market for wireless high definition can be divided into North America, Asia Pacific, Europe, and Rest of the World. While developed regions are likely to continue to display lucrative opportunities, market players are keen to tap into growth opportunities in emerging regions. For instance, the growing penetration of Internet in emerging economies such as China and India along with a large population of users of smart technologies will boost the growth of Asia Pacific wireless high definition market in the upcoming years.
The global wireless high definition market witnesses the dominance of some key companies such as LG Electronics, Samsung, Panasonic Corp., Toshiba, Dell, Microsoft, NEC, Sony, Nokia, NXP, Broadcom, and Intel. The report provides detailed profiles of key companies in the global wireless high definition market including product portfolios, marketing strategies, and mergers and acquisitions.