The video wall market was valued for $6,836.20 million in 2022 and is estimated to reach $17,461.00 million by 2032, exhibiting a CAGR of 10.12% from 2023 to 2032.
Video walls include high-brightness displays as one of its characteristics; these screens are made to emit more light than other commercial-grade digital signs on the market, which can resist demanding outdoor conditions. These panels are far more resistant to these harsh environments than the consumer-grade televisions. Both rich and developing nations are adopting video wall technology, albeit this technology is rising quickly in less developed nations. The video wall is the newest advancement in display technology, enabling multi-monitor setups to expand customer reach. The quality of the video wall is determined by the monitors' brightness and contrast.
A new development in the field occurred when display devices were used as video walls outside of residences. It has several uses, including displaying advertisements, information, and graphics, among others. LED video walls are a particular kind of video wall solution. It is a multipart display system that works together as a single unit to display content on a single screen. Digital signage includes LED video walls, which are crucial. Due to their excellent performance, adaptability, and low maintenance requirements, these video walls are becoming more and more popular. Since LED video walls may be used indoors as well as outdoors, they are sold for a variety of applications.
For the purpose of analysis, the video wall market scope covers segmentation based on display technology, application, and region. The report provides information on various display technology, including LED video wall and LCD video wall. Furthermore, the major applications covered in the study include government and public, retail, travel and hospitality, education, healthcare, and media and entertainment. In addition, it analyzes the current market trends across different regions such as North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key video wall market leaders profiled in the report include Sony Corporation, Toshiba Corporation, Panasonic Corporation, LG Electronics Inc., Barco NV, Planar Systems, Inc., Acer Inc., ViewSonic Corporation, Samsung Electronics Co Ltd., and Koninklijke Philips N.V. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration, and business expansion to increase the video wall market share during the forecast period.
The report includes the study of the video wall market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Video walls include high-brightness displays as one of its characteristics; these screens are made to emit more light than other commercial-grade digital signs on the market, which can resist demanding outdoor conditions. These panels are far more resistant to these harsh environments than the consumer-grade televisions. Both rich and developing nations are adopting video wall technology, albeit this technology is rising quickly in less developed nations. The video wall is the newest advancement in display technology, enabling multi-monitor setups to expand customer reach. The quality of the video wall is determined by the monitors' brightness and contrast.
A new development in the field occurred when display devices were used as video walls outside of residences. It has several uses, including displaying advertisements, information, and graphics, among others. LED video walls are a particular kind of video wall solution. It is a multipart display system that works together as a single unit to display content on a single screen. Digital signage includes LED video walls, which are crucial. Due to their excellent performance, adaptability, and low maintenance requirements, these video walls are becoming more and more popular. Since LED video walls may be used indoors as well as outdoors, they are sold for a variety of applications.
For the purpose of analysis, the video wall market scope covers segmentation based on display technology, application, and region. The report provides information on various display technology, including LED video wall and LCD video wall. Furthermore, the major applications covered in the study include government and public, retail, travel and hospitality, education, healthcare, and media and entertainment. In addition, it analyzes the current market trends across different regions such as North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key video wall market leaders profiled in the report include Sony Corporation, Toshiba Corporation, Panasonic Corporation, LG Electronics Inc., Barco NV, Planar Systems, Inc., Acer Inc., ViewSonic Corporation, Samsung Electronics Co Ltd., and Koninklijke Philips N.V. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration, and business expansion to increase the video wall market share during the forecast period.
The report includes the study of the video wall market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the video wall market analysis from 2022 to 2032 to identify the prevailing video wall market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the video wall market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global video wall market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Application
- Media and Entertainment
- Healthcare
- Retail
- Travel and Hospitality
- Government and Public
- Education
By Display Technology
- LED Video Wall
- LCD Video Wall
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Sony Corporation
- Panasonic Corporation
- LG Electronics Inc.
- Planar Systems, Inc.
- Acer Inc.
- Samsung Electronics Co Ltd.
- Toshiba Corporation
- Barco NV
- ViewSonic Corporation
- Koninklijke Philips N.V.
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: VIDEO WALL MARKET, BY DISPLAY TECHNOLOGY
CHAPTER 5: VIDEO WALL MARKET, BY APPLICATION
CHAPTER 6: VIDEO WALL MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, the video wall market was valued at $6.8 billion in 2022, and is estimated to reach $17.5 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032.A video wall is a large-scale display system that consists of several separate display screens, often LCD or LED panels, tiled or grid-like together to produce a single, cohesive, and immersive visual show. These displays collaborate to provide a continuous and contiguous picture or video output, thereby acting as one giant display surface.
The video wall industry is expanding rapidly, owing to several major drivers and possibilities. One of the key drivers is the growing need for immersive and aesthetically appealing display solutions in a variety of industries such as retail, entertainment, healthcare, and control rooms. Video walls provide high-resolution, large-scale screens that can captivate crowds and improve user experiences, making them a popular choice for companies wishing to engage consumers or improve operational efficiency.
Furthermore, advances in display technologies such as OLED and LED have resulted in lower bezels, increased brightness, and greater colour reproduction, making video walls more appealing and adaptable for applications ranging from advertising to data visualisation. Furthermore, the integration of video walls with interactive and touch-sensitive technology has paved the way for novel interactive applications in retail, education, and interactive displays. Overall, the video wall market is expected to expand further as organisations and industries work to leverage the potential of visually appealing displays and interactive technology to improve their operations and engage their audiences.
The remarkable visual performance and adaptability of LED video walls is the fundamental impetus behind their increasing acceptance and expansion. LED technology has numerous benefits, including high brightness levels, brilliant colour reproduction, and great contrast ratios, making LED video walls suitable for displaying attractive, attention-grabbing graphics in a variety of settings. This is especially useful in businesses such as advertising, shopping, and entertainment, where the ability to attract consumers and successfully transmit messages is critical.
The ability of LCD video walls to produce high-quality pictures, dependability, and cost-effectiveness has led to their wide availability and adoption. LCD (Liquid Crystal Display) technology offers high picture quality, colour accuracy, and uniform brightness throughout the full video wall, making it suited for a variety of applications. This dependability is especially important in businesses such as control rooms, where constant data monitoring and 24/7 operation necessitate consistent and trustworthy displays.
LCD panels have gotten more inexpensive over the years, making them an economical option for enterprises wishing to adopt large-scale displays. The availability of numerous screen sizes and resolutions enables for design and installation flexibility, fitting a wide range of space restrictions and content needs.
Furthermore, continued LED technological developments have resulted in narrower bezels and lower power consumption, allowing for sleeker and more energy-efficient video wall installations. This not only improves the aesthetics but also lowers running expenses, making LED video walls a long-term cost-effective option for enterprises.Furthermore, the size and shape flexibility of LED panels enables personalised installations to match particular space needs, further pushing their appeal across sectors seeking new ways to create immersive and dramatic visual experiences. Overall, LED video walls' greater visual quality and versatility remain important drivers of their wider deployment.
The global video wall market is segmented into display technology, application, and region. On the basis of display technology, it is categorized into LED video wall and LCD video wall. As per application, it is fragmented into government and public, retail, travel and hospitality, education, healthcare, and media and entertainment. Region wise, the video wall market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study include Sony Corporation, Toshiba Corporation, Panasonic Corporation, LG Electronics Inc., Barco NV, Planar Systems, Inc., Acer Inc., ViewSonic Corporation, Samsung Electronics Co Ltd., and Koninklijke Philips N.V. The players in the market have been actively engaged in the adoption various strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market. For instance, in September 2022, ViewSonic showcased its wide range of integrated visual display solutions at audio-visual event at InfoComm India. It is an event for leading technology companies to showcase their latest technologies and solutions. It helps users work and communicate using innovative solutions for a hybrid environment.
Key Market Insights
By display technology, the LED video wall segment was the highest revenue contributor to the market. However, the same segment is estimated to be the fastest growing segment during the forecast period.The retail segment generated the largest share in 2022 and expected to follow the same trend during the forecast period.
Based on region, Asia-Pacific was the highest revenue contributor, accounting for $3.38 billion in 2022, and is estimated to reach $9.35 billion by 2032, with a CAGR of 10.98%.
Companies Mentioned
- Sony Corporation
- Panasonic Corporation
- LG Electronics Inc.
- Planar Systems, Inc.
- Acer Inc.
- Samsung Electronics Co Ltd.
- Toshiba Corporation
- Barco NV
- ViewSonic Corporation
- Koninklijke Philips N.V.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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