According to a new market report by Lucintel, the future of the LED video wall market looks promising with opportunities in the educational institution, media and advertising, transportation, sports, transportation, and banking industries. The global LED video wall market is expected to grow with a CAGR of 11% from 2020 to 2025. The major growth drivers for this market are increasing demand for LED displays due low energy consumption and better display.
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In this market, direct view video wall, indoor led video wall, and blended video wall projection are the major types used.
Within this market, media and advertising is expected to witness the highest growth over the forecast period due to the increasing use of video wall in advertising.
Europe is expected to witness highest growth over the forecast period due to the increasing number of sporting events, live concerts, and corporate exhibitions in this region.
Koninklijke Philips N.V., Samsung Electronics Co. Ltd, Delta Electronics Inc., Planar (Leyard Company), DynaScan Technology, Inc among the major manufacturers of LED video wall market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global LED video wall market by product type, technology, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global LED Video Wall Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global LED video wall market by product type, technology, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Direct View Video Wall
Indoor LED Video Wall
Blended Projection Video Wall
By Technology [$M shipment analysis for 2014 – 2025]:
Hardware
Software
Network
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Educational Institute
Media and Advertising
Transportation
Sports
Banking
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.