The global video wall market size reached US$ 17.9 Billion in 2023. Looking forward, the market is projected to reach US$ 94.0 Billion by 2032, exhibiting a growth rate (CAGR) of 20.23% during 2023-2032. 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.
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.
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.
2. What is the expected growth rate of the global video wall market during 2024-2032?
3. What are the key factors driving the global video wall market?
4. What has been the impact of COVID-19 on the global video wall market?
5. What is the breakup of the global video wall market based on the product?
6. What is the breakup of the global video wall market based on service?
7. What is the breakup of the global video wall market based on the technology?
8. What is the breakup of the global video wall market based on the vertical?
9. What are the key regions in the global video wall market?
10. Who are the key players/companies in the global video wall 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.
Video Wall Market Trends
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.
Key Market Segmentation
This report 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. The report has categorized the market based on product, service, deployment type, technology and vertical.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
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape
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.
Key Questions Answered in This Report
1. How big is the global video wall market?2. What is the expected growth rate of the global video wall market during 2024-2032?
3. What are the key factors driving the global video wall market?
4. What has been the impact of COVID-19 on the global video wall market?
5. What is the breakup of the global video wall market based on the product?
6. What is the breakup of the global video wall market based on service?
7. What is the breakup of the global video wall market based on the technology?
8. What is the breakup of the global video wall market based on the vertical?
9. What are the key regions in the global video wall market?
10. Who are the key players/companies in the global video wall market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Video Wall Market
6 Market Breakup by Product
7 Market Breakup by Service
8 Market Breakup by Deployment Type
9 Market Breakup by Technology
10 Market Breakup by Vertical
11 Market Breakup by Region
12 SWOT Analysis
14 Porter’s Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 138 |
Published | April 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 17.9 Billion |
Forecasted Market Value ( USD | $ 94 Billion |
Compound Annual Growth Rate | 20.2% |
Regions Covered | Global |
No. of Companies Mentioned | 14 |