Video Wall Market Projected to Reach US$ 49.3 Billion by 2028

IMARC Group, a leading market research company, has recently released a report titled “Video Wall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global video wall market research report, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

A video wall represents a large display that comprises numerous screens or panels arranged together to create a single image. It can be built using traditional video projectors, television sets, liquid crystal display (LCD) or light-emitting diode (LED) panels, cubes, tiles, or projection screens. The video wall has different resolutions depending on the number of panels and their individual resolutions. It provides uniform brightness, high image resolution and contrast, and real-time content sharing with improved touchscreen interactivity. These electronic displays are generally used in public spaces, control rooms, and other settings wherein a large, high-resolution display is needed for entertainment, advertising, and conveying information.

How big is the video wall market?

The global video wall market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 49.3 Billion by 2028, exhibiting a growth rate (CAGR) of 21.6% during 2023-2028.

Current Trends Shaping the Video Wall Market

The widespread adoption of this large display in several settings, such as shopping malls, museums, restaurants, public spaces, and corporate spaces, to offer wayfinding, messaging, marketing, and outdoor advertising is primarily driving the video wall market. Furthermore, the rising usage of these electronic displays for advertising various products and grabbing the attention of passers-by and the escalating demand for effective advertisement tools are also augmenting the market growth. Apart from this, the increasing installation of this large display in schools and other academic institutions, on account of their various advantages, such as flexibility and allowing users to shift between layouts whenever needed, is positively influencing the global market.

Moreover, key players are launching video wall software that can span content across multiple and diverse displays in numerous configurations, which is further bolstering the market growth. Besides this, the introduction of these electronic displays with laser projection technology that offers improved response time, high contrast ratio, and anti-glare screens and helps increase readability is expected to drive the video wall market in the coming years.

Who are the key players operating in the industry?

The report covers the major market players including: 

• Daktronics, Inc. (ADFLOW Networks),
• AU Optronics Corp.,
• Samsung Electronics Co., Ltd.,
• LG Display Co. Ltd.,
• Barco NV,
• Acer Inc.,
• Christie Group plc,
• Panasonic Corporation,
• Sony Corporation,
• Koninklijke Philips N.V,
• NEC Display Solutions,
• Planar Systems, Inc.,
• Sharp Corporation,
• Toshiba Corporation, etc.

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What is included in market segmentation?

The report has segmented the market into the following categories:

Product Insights:

• LCD Display System
• LED Display System
• LPD Display System
• Others

Service Insights:

• Housing
• Installation
• Content Management

Deployment Type Insights:

• Touch Based
• Touch Less
• Multi Touch
• Others

Technology Insights:

• Rear Projection Display
• Narrow Bezel Display

Vertical Insights:

• Retail
• IT and Telecommunication
• Government and Defense
• Media and Entertainment
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

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