Hdmi and Displayport Market Trends Growth, Analysis and Forecast to 2020

Technavio Announces the Publication of its Research Report Global HDMI and Display Port Market 2016-2020

Technavio recognizes the following companies as the key players in the global HDMI and display port market: Lattice Semiconductor, NXP Semiconductors, and STMicroelectronics.

Browse full report with TOC@ https://marketreportscenter.com/reports/368513/global-hdmi-and-displayport-market-2016-2020

Commenting on the report, an analyst from Technavios team said: Growth of digital signage market will be a key trend for market growth. Digital signage is used in navigation, place making, exhibitions, public installations, marketing, and outdoor advertising. It uses technologies like LCD, LED, and projection to display content such as digital images, video, and information and can be found in public spaces, transportation systems, museums, stadiums, retail stores, hotels, restaurants, and corporate buildings. Interfaces such as HDMI and DisplayPort enable digital signage to display information from the source device to display device.”

According to the report, increasing adoption of DisplayPort technology in laptops and computers will be a key driver for market growth. The increasing adoption of DisplayPort technology in laptops and computers is one of the major growth drivers in the global HDMI and DisplayPort market. DisplayPort interface has almost replaced the hodgepodge of digital video connectors that were used in PCs and laptops. DisplayPort connectors are multi-tasking, and a single CPU can be connected to multiple screens and carry the audio and video signals. In addition, DisplayPort technology provides higher bandwidth than HDMI, which leads to high data transfer rate. As of 2016, the DisplayPort interface is available in USB-C type format on some high-end devices such as Apple MacBook.

Further, the report states that intense competition among vendors will be a challenge for the market. The global HDMI and DisplayPort market is a highly...