Both companies’ combined total market share in projectors increased 8.3% to 51.3% compared with the same quarter last year.

The 8.3% rise can be attributed to a growing trend in larger screen projector applications for business and home users, the fact that bigger (60+ inches) flat screen panels are often cost prohibitive and that projectors have continued to move into new markets that involve increased interactivity and wireless projection.

Futuresource Consulting covers market research in areas including Consumer Electronics, Entertainment Content & Delivery, Education Technology, Print & Imaging, Professional Display Technologies, Broadcast Equipment and Optical Disc Manufacturing and is widely acknowledged as one of the industry standards.

The Futuresource figures are broken down into two main categories, business and home. In business Epson has increased its market share 9% to 52.2% and in home it’s up 5% to 46.6%. As the number one vendor Epson has also pioneered many of the technologies that have led to the overall 8% growth of the projector market including wireless projection, bring your own device (BYOD), increased collaboration, smarter meetings and most recently Finger Touch enabled interactive projector solutions.

It’s in the area of interactive projectors that Epson ANZ dominates as the technology continues to replace expensive interactive whiteboards. The company has enjoyed significant success with interactive finger touch projectors for educational institutions and is launching its interactive finger touch projector for the business community, MeetingMate, at the Integrate 2014 show on 26 August at Homebush in Sydney.

Epson Australia general manager for its business division Craig Heckenberg says, “The latest set of Futuresource results confirm our ongoing commitment to producing high quality products that represent excellent value for money whilst being underpinned by first class partners in the Pro AV, IT and retail channels.”