The global LED video walls market is expected to secure US$ 5.4 Billion during the forecast period from 2022-to 2032 while exhibiting a CAGR of 6.2% during the time frame. Expansion of the market can be attributed to the increasing tourism across the globe. Moreover, the mode of the advertisement has also changed from conventional methods to digital media
On-going technological advancement and increasing integration of LED video walls with AI to offer HD quality visuals. There has been a significant growth of LED video walls with Augmented Reality (AR) at bus stops, railway stations, and airports. Moreover, several apparel stores are using advanced interactive screens to enable users to try the dress without physically trying it. Advancements in technologies such as; big data, machine learning, and AI have provided innovative methods and have enhanced the adoption of LED video walls.
The transportation sector is expected to be one of the most significant consumers of LED video walls. The LED video walls witness significant demands from bus stops, airports, and railway stations. Orlando International Airport installed a 700-display video wall that provides check-in, cinematic video, updated flight details, and finding locations through the Automated People Mover (APM) and North Terminal.
Key Takeaways from the Market Study:
“Increasing demand for large displays across the entertainment & gaming industry, growing internet penetration, and rapid digitalization are expected to boost the demand for efficient LED video walls in the coming time.”
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