Pico projector market worth $10.09 billion by 2020

DALLAS, USA: According to a new market research report "Pico Projector Market by Technology (DLP, LCOS, LBS), Type (USB, Standalone, Media Player, Embedded), Product Model, Brightness, Application (Aerospace & Defense, Automotive, Business & Education, Consumer, Healthcare) & Geography Forecasts & Analysis (2013-2020)", published by MarketsandMarkets, the total market is expected to generate revenue of $10.09 billion by 2020 growing at an estimated CAGR of 41.01 percent from 2012-2020.

The Pico projectors are an emerging technology set to revolutionize the global projector market by making projectors portable enough to fit into a person's pocket. Pico projectors can be in the form of a small handheld device, or in the form of a tiny light-engine added as an accessory to consumer electronics such mobile phones, cameras, laptops, and PDAs. The Pico projectors are portable and handy and therefore can be carried easily everywhere.