Dallas, TX -- (SBWire) -- 10/14/2010 -- Pico projectors are a niche technology that would revolutionize the global projector market by not only making the projectors portable but also enable the projectors to fit into a persons pocket.

The two most significant segments of these projectors are embedded projectors and stand alone projectors. Stand alone projectors could be further classified as simple stand alone projectors which could be attached to any display device through USB ports and the media player projectors, which have an in built memory slot. Embedded projectors are pico projectors embedded within a device such as cell phones and laptops and can project any thing within this device.

The report gives insights to the different trends in this market, which segment would drive the growth and how this market would mature in the next five years. The market currently is in the explosive growth time period and witnessing price erosion. But over period of time the market would stabilize and this report tries to demystify this journey of the global pico projector market.

This market is still in a nascent stage, and thus presents plentiful opportunities to the early entrants. There are also significant possibilities for research and development further in the market.

Currently most projectors are stand alone or media player projectors. The demand for these projectors is higher than embedded projectors currently as they can be attached to any device, to project. There is a sense of multipurpose in these projectors that have given these an edge. These projectors can be attached to any media device through external ports and hence can be used with multiple gadgets. Embedded projectors are yet to take the market by the storm but this is the segment that would drive the pico projectors unit shipment .

As the market matures further pico projectors are likely to become standard accessories in a cell phone or a laptop as has been the case of built in cameras. Once sleek in phones with built in projectors hitting the market soon this boom is soon expected and most likely by end of 2011 we will see unit shipments increase tremendously for this segment. Companies like Samsung, LG and Nikon as mentioned earlier have already started shipping cell phones and digital cameras.

Even though projectors prices would fall as low as less than $20 by 2011, there would be new superior projectors coming into market every year which would keep the Average Sales Price (ASP) higher than what it is anticipated by the market watchers.

The world pico projectors market revenue is estimated to reach $ 6080.57 million by the end of 2014, with a compound annual growth rate (CAGR) of 120.56% 2009-2014.

GLOBAL PICO PROJECTORS MARKET REVENUES, BY GEOGRAPHY (2009)

Of the global projectors manufacturing market North American market holds a unit share of 425000 units with 85% where the major manufacturing takes place, the rest of the 15% is shared by Europe and Asia. Europe currently has nearly 12.5% of the share, and Asia having the rest 2.5 %.

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