[January 25, 2013]

Research and Markets: Global HDMI and DisplayPort-enabled Equipment Market 2012-2016: Market Facing a Challenge With Respect To the High Cost of Production

Research and Markets (http://www.researchandmarkets.com/research/vsz4tb/global_hdmi_and) has announced the addition of the "Global HDMI and DisplayPort-enabled Equipment Market 2012-2016" report to their offering.

TechNavio's analysts forecast the Global HDMI Enabled Equipment market to grow at a CAGR of 19.7 percent over the period 2012-2016 and the DisplayPort Enabled Equipment market to grow at a CAGR of 31.6 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing demand in plasma/LCD TVs. The Global HDMI and DisplayPort Enabled Equipment markets have also been witnessing the integration of HDMI and displayPort features in a single IC. However, the high cst of production could pose a challenge to the growth of these markets.

The key vendors dominating this market space are NXP Semiconductors, Silicon Image Inc., STMicroelectronics (News - Alert) N.V, and Transwitch Corp.

Commenting on the report, an analyst from TechNavio's Hardware team said: ''The Global High-definition Multimedia Interface (HDMI) and DisplayPort-enabled Equipment market is witnessing the trend of the integration of HDMI and DisplayPort features. Vendors have designed and developed HDPlay transceivers which combine both HDMI and DisplayPort functionality in a single IC. This has reduced the size and space that the HDMI and DisplayPort will require. This integration has connectivity such that HDPlay can be connected to a wide range of multimedia devices.''

According to the report, the increasing demand for HDMI in plasma/LCD TVs is one of the major growth drivers for the Global HDMI and DisplayPort-enabled Equipment markets. However, the advancement in technology and the increase in user preference for high-definition products have caused the adoption rate to grow much more rapidly. HDMI connectors have various benefits such as they can transmit high-quality digital audio and video signals and they are easily compatible with high-definition video products. Thus, these are some of the benefits which have increased the adoption rate of HDMI in plasma/LCD TVs.

Further, the report reveals that the Global HDMI and DisplayPort-enabled Equipment markets are facing a challenge with respect to the high cost of production.

For more information visit http://www.researchandmarkets.com/research/vsz4tb/global_hdmi_and

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