Video Walls Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Video Walls Market size was estimated at USD 18.2 billion in 2022 and is projected to reach USD 44.2 billion in 2030 at a CAGR of 11.7% during the forecast period 2023-2030.
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Video walls are the most widely used digital technology in the transportation sector and have been installed in major hubs of the transportation industry such as airports, train stations and bus terminals. The growing demand for traveler-related digital content and information, enabling interactive displays via video walls, is a large part of transportation media revenue growth. For this reason, we are seeing changes in consumer behavior in terms of customer retention in all modes of transportation, and we are strategically building brands based on the customer's mindset.
The emergence of new technologies such as AI, ML, and big data have created new content delivery methods that contribute to the growth of the video wall market. For example, video walls equipped with his AI capabilities that can instantly display personalized communications are expected to have a significant impact on viewers.
Delvens Industry Expert's Standpoint
Artificial intelligence, machine learning and big data analytics are examples of emerging opportunities that have enhanced the use of video walls. As a result, the market has grown. For example, news broadcasters use interactive video walls to broadcast news forecasts. With the increasing use of indoor video walls, there is a growing need to display different information to meet different needs such as: B. Arrival and departure of trains, buses and planes at railway stations and airports. Moreover, demand for video walls is expected to increase during the forecast period as shopping malls, auditoriums and other venues are required to display information about various products.
Competitive Landscape
- Sony Corporation
- Samsung Electronics
- Toshiba Corporation
- Panasonic Corporation
- LG Electronics
- NEC Display Solutions
- Koninklijke Philips N.V.
- Barco
- Leyard
- Panasonic Corporation
- Christie Digital Systems USA, Inc.
- Delta Electronics, Inc.
- AU Optronics Corp.
- Navori SA
- Prysm, Inc.
- Unilumin
- Shenzhen CLT LED Technology Co., Ltd
- ViewSonic Corporation
- Daktronics, Inc.
- Delphi Display Systems, Inc.
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Key Findings
- Based on type, the market is segmented into direct-view LED video walls, indoor LED video walls, and blended projection video wall systems. Direct View LED video walls are expected to hold a large market share during the forecast period.
- Based on application, the market is classified into indoor and outdoor applications. Outdoor LED video walls are expected to hold the largest market share during the forecast period, and are also expected to drive the market due to increasing demand from various industries such as entertainment, transportation, and logistics.
- The preference for installed LED video walls is mainly due to the growing demand for LED video walls in the fields of education, sports, hotels and catering.
Recent Developments:
September 2022 – View sonic launches first 135" foldable all-in-one LED display solution kit with nearly 50% reduction in package size compared to previous designs. This makes transportation easier and less costly as it fits in conventional freight elevators and large passenger elevators. This solution set is suitable for events, trade shows, or short-term use.
June 2022 - PPDS, provider of Philips digital signage, interactive displays, direct view LED and professional TV products and complementary solutions, announces the launch of an expansion of Philips X-Line video wall displays, all offering high image performance. Announced. and Clarity provide a format for content in professional and commercial environments.
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