Shashie Pawar

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Pico Projector Market to Witness Huge Growth by 2023

In this rapidly changing world of technology, pico projector market is projected to show major growth prospects during the forecast period. Major factor driving the growth of pico projector market is the increasing adoption of consumer electronics and growing innovations in the consumer electronics segment. The global pico projector market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the pico projector market in Asia Pacific is expected to witness significant growth and hold the largest market share during the forecast period. China, Korea and Japan are anticipated to drive the growth of pico projector market. This is owing to the presence of large number of established key players like LG Electronics and Sony Corporation in that region. In addition to this, China, being the manufacturing hub of consumer electronic devices, is leading the growth of pico projector market.  Increasing investments in research and development in the field of electronics by the major players like Samsung Electronics is another factor fueling the growth of pico projector market. This is expected to be a major factor for the growth of pico projector market. Growing demand for superior pico projectors is another factor driving the growth of pico projector market in the region.

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