The projection market is undergoing many dynamic changes. Front LCD and front-reflective (mainly DLP) technologies compete with each other for most projection applications. The front-projector market is still emerging, with new technologies (such as liquid-crystal-on-silicon, or LCOS), new product categories developing (like <EQ3-pound projectors), and new suppliers entering the market. In the rear-projection market, although rear CRT remains the dominant force in large TV applications, new products based on rear DLP, LCD, and LCOS will take more market share from rear-CRT technology. This paper analyzes changing scenarios in the projection market by examining the developments over last five years. Also, this paper touches on what to expect in the next five years.