Business

Video Wall Market (19.8% CAGR) 2019 to 2027: Global Industry Size, Share, Growth, Trends and Forecast

According to a new market research report published by Acute Market Reports “Global Video Wall Market – Growth, Future Prospects and Competitive Analysis,2019 – 2027”,the overall Video Wall market worldwide and had registered a market value of US$ 4.20 Bn in 2018 and is set to grow with a CAGR of 19.8 % during the forecast period.

Market Insights

The global video wall market is highly driven by increasing urbanization and digitalization globally. The utilization of internet has increased the digitalization that is considered as one of the major factor which is driving the video wall market globally as companies are using it for advertising which attracts the customers and also increases the client base. Additionally, the education industries are using the wall videos to improve the educational experience of an individual, increase communication with the student and the visitors in the campus, and others.

Browse Full Report Originally Published by Acute Market Reports at https://www.acutemarketreports.com/report/video-wall-market

Based on vertical, the Video Wall market has been segmented as retail, retail banking, quick service restaurants (QSR), corporate, government, entertainment, healthcare, transportation, education, others. The education segment dominates the vertical segment and accounts a market share of more than 25% in 2018. The education industry is using video walls to provide more information to the student and enhance their experiences. For education purpose the video walls are used in research labs, K-12 schools, colleges and universities, campus safety and others. However, the corporate segment is expected to be the fastest growing segment in near future.

Asia-Pacific is expected to be the fastest growing region due increasing disposable income among the individuals and declining prices of LEDs and LCDs in the region. Additionally, the presence of various manufacturers such as Toshiba, Samsung, Sony and others for the video walls in the region is expected to drive the market. The China accounts the largest market share in the region due to low cost manufacturing and presence of various local players in the country.

Some of the prominent players operating in the Video Wall market include Navori SA, LG Display Co. Ltd., NEC Display Solutions, Toshiba Corporation, Adflow Networks, Omnivex Corporation, AU Optronics Corp., Panasonic Corporation, Koninklijke Philips N.V., Samsung Electronics Co. Ltd., and Sony Corporation.

Report Scope by Segments

By Module Segment

• LED Video Wall Display Modules

• LCD Video Wall Display Modules

• Others

By Technology Segment

• Panel Based Video Wall

• Cube Based Video Wall

• Projection Based Seamless Displays

By Application Segment

• Indoor Advertisement

• Outdoor Advertisement