Executive Summary
Video walls market is projected to grow at a CAGR of 7.25% over the projected period to reach US$7.982 billion by 2022, from US$5.625 billion in 2017. The growing popularity of consumer electronics coupled with the development of advanced user-friendly walls is boosting the video wall market growth over the forecast period. Moreover, increasing investments and modernization of educational sector and rapidly digitalization of government sector is also significantly contributing to the market growth. The competitive market owing to the presence of several large players has resulted in declining price of displays over the last few years, while propelling the demand for these solutions. Continuous technology advancement such as the introduction of 3D video walls provides ample opportunities for vendors to expand their offerings and cater to wide range of customers. However, need for high initial investment is impeding its adoption to an extent.
By end-user, education sector will witness significant demand for video walls owing to the high demand for these products for various applications. The growing collaboration of education with IT and the increasing adoption of smart classrooms by educational institutes are expected to propel this segment’s growth over the forecast period. Improving education standards with penetration of internet will further spur up the demand for video walls over the next five years.
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Americas accounted for the largest market share during 2016 and is also expected to grow at a decent CAGR over the projected period. The rising adoption of video walls by various sectors such as retail, education, entertainment and others results in high demand for different solutions in this region. Moreover, standardization of advertising display regulations is significantly contributing to the regional growth. Asia Pacific is also expected to witness a high growth owing to growing adoption of technology coupled with higher investments across key sectors. Rapidly urbanizing economies like India, China and South Korea and favorable regulatory framework attracts international players, willing to expand their footprint and take advantage of fast growing market.
The global market for video walls is highly fragmented with several large players and decent market growth is expected to result in the entrance of new players while enhancing the competitive rivalry. The market is highly competitive in terms of price, technology, and features being offered by players. Product innovation is the key strategy adopted by players to sustain the competition. The players are also focused on market expansion through collaboration and strategic partnerships. Some of the major players discussed in the report include LG, NEC Display Solutions, Samsung, Sony, Barco, Panasonic, ADFLOW Networks, AU Optronics, and Leyard Optoelectronic among others.
Segmentation
Video walls market has been segmented by type, application, end-user, and geography as below:
By Type
- LCD Video Walls
- Plasma Display Panel Video Walls
- Projection Cube Video Walls
- Blended Projection Video Walls
By Application
- Menuboard
- Billboard
- Others
By End-User
- Education
- Communication and Technology
- Media and Entertainment
- Transportation
- Healthcare
- Retail
- Others
By Geography
Americas
- North America
- US
- Canada
- Mexico
- Others
South America
- Brazil
- Argentina
- Others
Europe Middle East and Africa
- Europe
- UK
- Germany
- France
- Spain
- Others
Middle East and Africa
- Saudi Arabia
- The United Arab Emirates
- Israel
- Others
Asia Pacific
- China
- Japan
- India
- South Korea
- Others
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Table of Content:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s 5 Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Industry Regulations
4.10. Scenario Analysis
5. Global Video Walls Market Forecast by Type (US$ billion)
5.1. LCD Video Walls
5.1.1. Market Size and Forecasts to 2022
5.2. Plasma Display Panel Video Walls
5.2.1. Market Size and Forecasts to 2022
5.3. Projection Cube Video Walls
5.3.1. Market Size and Forecasts to 2022
5.4. Blended Projection Video Walls
5.4.1. Market Size and Forecasts to 2022
6. Global Video Walls Market Forecast by Application (US$ billion)
6.1. Menuboard
6.1.1. Market Size and Forecasts to 2022
6.2. Billboard
6.2.1. Market Size and Forecasts to 2022
6.3. Others
6.3.1. Market Size and Forecasts to 2022
7. Global Video Walls Market Forecast by End User (US$ billion)
7.1. Education
7.1.1. Market Size and Forecasts to 2022
7.2. Communication and Technology
7.2.1. Market Size and Forecasts to 2022
7.3. Media and Entertainment
7.3.1. Market Size and Forecasts to 2022
7.4. Transportation
7.4.1. Market Size and Forecasts to 2022
7.5. Healthcare
7.5.1. Market Size and Forecasts to 2022
7.6. Retail
7.6.1. Market Size and Forecasts to 2022
7.7. Others
7.7.1. Market Size and Forecasts to 2022
8. Global Video Walls Market Forecast by Geography (US$ billion)
9. Competitive Intelligence
9.1. Market Share Analysis
9.2. Investment Analysis
9.3. Recent Deals
9.4. Strategies of Key Players
10. Company Profiles
10.1. LG
10.2. NEC Display Solutions
10.3. Samsung
10.4. Sony
10.5. Barco
10.6. Panasonic
10.7. ADFLOW Networks
10.8. AU Optronics
10.9. Leyard Optoelectronic
Continuous…
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