IMARC Group’s latest report, titled “Video Wall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” finds that the global video wall market size reached US$ 15.9 Billion in 2019. A video wall refers to an electronic display that is created by combining numerous screens to form a larger image or smaller windows of multiple images. It can be built using traditional television sets, video projectors and LCD or LED panels, cubes, tiles or projection screens. The video wall provides high image resolution and contrast, uniform brightness and real-time content sharing with improved touchscreen interactivity. Owing to this, this next-generation technology is being used at airports, stadiums, railway stations and museums to help reach information to a massive audience with multi-monitor setups.
Global Video Wall Market Trends:
One of the major factors driving the market growth is the increasing number of malls and public spaces, which has led to a rapid rise in the installation of video walls. These screens are used for grabbing the attention of passers-by and advertising various products. Apart from this, with the advancements technology, video walls have become more adaptable in terms of shapes, sizes, and software capabilities. Moreover, many companies are developing video wall software that can span content across multiple and varied displays in an array of configurations. They are also introducing video walls with high contrast ratio, anti-glare screen and improved response time, which help in increasing readability. Looking forward, the market value is projected to reach US$ 32.1 Billion by 2025, expanding at a CAGR of around 12.10% during 2020-2025.
Market Summary:
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