The Pico Projector Market size is estimated at USD 3.40 billion in 2024, and is expected to reach USD 5.71 billion by 2029, growing at a CAGR of 10.90% during the forecast period (2024-2029).
The pico projector market appears moderately concentrated, with significant players adopting strategies like product innovation and mergers and acquisitions. Some of the significant participants in the market are Sony Corporation, Koninklijke Philips NV, and LG Electronics Inc. Some of the recent developments in the market are:
In August 2022, Yaber launched a smartphone-sized projector Pico P1. This DLP projector had a thickness of 0.52 in (13.2mm), weighs in at 5.2 oz (150 g), and benefits from a housing made from a composite material. It had a maximum resolution of 960 x 540 at 110 ANSI lumens, a contrast ratio 350:1, and display sizes ranging from 10-100 diagonal inches.
In May 2022, Philips launched PicoPix MaxTV. This was an all-in-one portable standalone unit with a built-in Android TV, which could project a 120-inch, actual 1080p resolution image for up to four hours on the built-in battery, with AI-driven Auto Focus and Auto Keystone correction and light sensor for adaptive brightness.
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