— David Correa
WILMINGTON, DELAWARE , UNITED STATES, September 25, 2023 /EINPresswire.com/ — Allied Market Research published a report on the Video Wall Market by Display Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2023-2032.
The global video wall market size was valued at $6.8 billion in 2022, and is projected to reach $17.5 billion by 2032, growing at a CAGR of 10.1% from 2023 to 2032.
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A video wall is a display technology that consists of multiple individual display screens, such as LCD or LED panels, arranged in a grid-like pattern to create a larger and more visually impactful display. These screens are typically tiled together seamlessly, both physically and in terms of content, to form a single, cohesive image or video presentation.
When many screens are connected to display a single bigger image or multiple windows of images, the result is a multi-screen wall known as a video wall. A video wall does not need to be complicated; it may just be one source picture shown on several displays. Alternately, it may be used to simultaneously show different visuals on different screens coming from different places, such as live video streams. These video walls can be permanently put on a wall or deployed on portable mounting devices.
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The competitive environment of the video wall industry is further examined in the report. It includes details about the key players in the market’s strengths, product portfolio, video wall market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.
Some of the major key players of the video wall industry include:
⦁ Planar Systems Inc.
⦁ Barco NV
⦁ Acer Inc.
⦁ LG Electronics Inc.
⦁ Sony Corporation
⦁ Koninklijke Philips N.V.
⦁ Samsung Electronics Co Ltd.
⦁ ViewSonic Corporation
⦁ Toshiba Corporation
⦁ Panasonic Corporation
The video wall market is expected to leverage high potential for the LED video wall during the forecast period. The current business scenario is witnessing an increase in demand for video walls, particularly in developing regions such as China, India, and UK, owing to increase in advancements in video wall products. Companies in this industry are adopting various innovative techniques such as mergers and acquisition activities to strengthen their business position in the competitive matrix.?
The major factor that drives the growth of the video wall market across Asia-Pacific is the immense digital needs of emerging economies with high populations in countries such as China, India, and Indonesia. In addition, market players are looking to launch new products to strengthen their market position.
For instance, in October 2021, Barco India expanded its innovative LED video wall portfolio by launching the new IEX series. With each tile having a 16:9 aspect ratio, the new series can be used to create native Full HD or UHD screens, which would allow customers to display videos in the most common formats in full, without distortion or unused canvas.
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Key Benefits for Stakeholders:
⦁ This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the video wall market analysis from 2022 to 2032 to identify the prevailing video wall market opportunities.
⦁ Market research is offered along with information related to key drivers, restraints, and opportunities.
⦁ Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
⦁ In-depth analysis of the video wall market segmentation assists to determine the prevailing market opportunities.
⦁ Major countries in each region are mapped according to their revenue contribution to the global market.
⦁ Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
⦁ The report includes the analysis of the regional as well as global video wall market trends, key players, market segments, application areas, and market growth strategies.
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
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