Report ID: SQMIG25E2089
Report ID:
SQMIG25E2089 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
62 |
Figures:
75
In 2021, the Asia Pacific accounted for the largest share of the global LED video wall market. Over the course of the forthcoming years, the LED video wall market in the Asia Pacific is estimated to expand more quickly. The expansion is due to the rising interest in LED video walls in arenas, barns, fields, and public spaces. Particularly in locations with high clarity and superior visuals, consumption is growing. The industry is also being driven by Asia Pacific's growing adoption of advertising technology. Additionally, expanding infrastructure projects, particularly in developing nations, are fueling market expansion.
Due to increased advertising expenditures, the led video wall market in North America is estimated to rise significantly. As a result, the market for LED video walls is increasing. The report predicts that North America will account for a sizeable portion of the global LED video wall market.
Due to the dispute in Syria and Yemen, limited socioeconomic diversification, the urgent need to better education systems, complicated political and governance situations, and continuing elevated barriers to the economic and social wellbeing of significant segments of society, it is expected that the markets for LED video walls in the Middle East & Africa and South America will expand at a steady growth rate during the forecast.
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REQUEST FREE CUSTOMIZATIONLED Video Wall Market size was valued at USD 21 billion in 2019 and is poised to grow from USD 23.47 billion in 2023 to USD 47.5 billion by 2031, growing at a CAGR of 11.8% in the forecast period (2024-2031).
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Report ID: SQMIG25E2089