PUBLISHER: IMARC | PRODUCT CODE: 1467658
PUBLISHER: IMARC | PRODUCT CODE: 1467658
The global video wall market size reached US$ 17.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 94.0 Billion by 2032, exhibiting a growth rate (CAGR) of 19.6% during 2024-2032. The increasing demand for effective advertisement tools, rising number of live streaming events, and the growing installation of video walls in schools represent some of the key factors driving the market.
A video wall is a large display that consists of multiple screens or panels arranged together to create a single image. It can be built using traditional video projectors, television sets, LCD or LED panels, cubes, tiles, or projection screens. It can be organized in a traditional square or rectangular framework or a creatively shaped presentation with screens arranged in a relatively less conventional manner. It can be controlled from a central location, which makes it easy to manage and update content across multiple screens or locations. It 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. It is generally used in public spaces, control rooms, and other settings wherein a large, high-resolution display is needed for entertainment, advertising and conveying information.
There is an increase in the adoption of video walls in different settings, including shopping malls, museums, restaurants, public spaces, and corporate spaces, worldwide to offer wayfinding, messaging, marketing, and outdoor advertising. They are used for advertising numerous products and grabbing the attention of passers-by. This, coupled with the rising demand for effective advertisement tools, represents one of the major factors bolstering the market growth around the world. Moreover, the growing number of live streaming events, such as concerts, sports games, and music festivals that allow remote view and engagement, is influencing the market positively. In addition, the increasing use of video walls in the retail sector, as they help display exhaustive product catalogs and enhance the shopping experience of the customers, is favoring the growth of the market. Apart from this, the rising installation of video walls in schools and other academic institutions on account of their numerous advantages, such as flexibility and allowing users to switch between layouts whenever needed, is propelling the growth of the market. Furthermore, key players are launching video wall software that can span content across multiple and diverse displays in various configurations. They are also introducing video walls with laser projection technology that offer improved response time, high contrast ratio, and anti-glare screens and help in increasing readability.
IMARC Group provides an analysis of the key trends in each sub-segment of the global video wall market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product, service, deployment type, technology and vertical.
LCD Display System
LED Display System
LPD Display System
Others
The report has provided a detailed breakup and analysis of the video wall market based on the product. This includes LCD display system, LED display system, LPD display system, and others. According to the report, LED display system represented the largest segment.
Housing
Installation
Content Management
A detailed breakup and analysis of the video wall market based on the service has also been provided in the report. This includes housing, installation, and content management. According to the report, housing accounted for the largest market share.
Touch Based
Touch Less
Multi Touch
Others
The report has provided a detailed breakup and analysis of the video wall market based on the deployment type. This includes touch based, touch less, multi touch, and others.
Rear Projection Display
Narrow Bezel Display
A detailed breakup and analysis of the video wall market based on the technology has also been provided in the report. This includes rear projection display and narrow bezel display. According to the report, narrow bezel display accounted for the largest market share.
Retail
IT and Telecommunication
Government and Defense
Media and Entertainment
Others
The report has provided a detailed breakup and analysis of the video wall market based on the vertical. This includes retail, IT and telecommunication, government and defense, media and entertainment, and others. According to the report, media and entertainment represented the largest segment.
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. According to the report, Europe was the largest market for video wall. Some of the factors driving the video wall market in Europe included product innovations, market strategies, technological advancements, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global video wall market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.