Market Snapshot

Market Overview

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.

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. All corporate workspaces, control rooms, and public spaces contain vast amounts of data and information that must be conveyed to employees, audiences, or customers in order to capture their attention or provoke a response. I have. Video walls help you share information visually and effectively in real time. 

The COVID-19 pandemic has created a boom in virtual worlds, where meetings and conferences are held online for the first time. Video walls in meeting rooms have proven useful when international colleagues need to attend meetings or conferences and cannot travel. Due to the pandemic, many cross-border training programs, concerts and awards are also being held via virtual products, further fueling the growth of the market. 

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.

Market Portfolio

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. Typically used for outdoor exhibitions, these video walls consist of huge displays. These display systems were originally designed for outdoor use, but as trends have changed, they now offer better pixel options for indoor displays as well. Benefits of direct-view video walls include maximum brightness settings, a wide variety of pixel options, and virtually no bezels for a seamless experience. 

• 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. Moreover, increasing use of advertising by businesses to attract more customers will drive the growth of the market. For example, New York's Times Square has many outdoor LED video walls displaying commercials and other information. 
   
• 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. It also facilitates brand communication and stays at the forefront of satisfying corporate and private event customers, while direct lighting LED technology reduces the energy consumption of sports his bars by up to 30%. In addition, LED video walls offer superior image quality, energy consumption savings, integrated management solutions, and improved image uniformity and brightness. These factors are driving the LED video wall market. 
   
• Based on geography, the global video wall market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Europe is expected to become an important market for LED video wall displays at the regional level. Due to the increasing number of sporting events around the world, manufacturers are expected to introduce new revenue models to the video wall market.

Regional Analysis

North America to Dominate the Market

• The North American video wall market is expected to witness double-digit growth during the forecast period, owing to continuous technological developments and increasing adoption of next-generation technologies. 
   
• Asia-Pacific could become a major source of demand for LED video wall displays. Moreover, the presence of many important companies in the Asia-Pacific region should provide potential growth opportunities for LED video wall display manufacturers.