Global Video Walls Outdoor LED Display Market, By Technology (Surface Mounted, Individually Mounted), Colour Display (Tri-Colour, Monochrome, Full Colour) – Industry Trends and Forecast to 2029.
Video Walls Outdoor LED Display Market Analysis and Size
Video walls outdoor LED display are widely used in advertising in the current digital technology era. Such factors generate potential business opportunities for video wall outdoor LED display manufacturers worldwide. Growing demand for high-definition video content, combined with improved digital content quality, is expected to drive the global video walls outdoor LED display market during the forecast period.
Data Bridge Market Research analyses that the video walls outdoor LED display market which was growing at a value of 2.8 billion in 2021 and is expected to reach the value of USD 15.55 million by 2029, at a CAGR of 23.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Video Walls Outdoor LED Display Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Technology (Surface Mounted, Individually Mounted), Colour Display (Tri-Colour, Monochrome, Full Colour)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
JCDecaux (France), Lamar Advertising Company (U.S.), Clear Channel Outdoor Holdings, Inc. (U.S.), OUTFRONT Media (U.S.), Prismview LLC (U.S.), and Daktronics (U.S.) NEC Display Solutions, Ltd. (Japan), Stroer S.E. & Co. KGaA (Germany), Broadsign International LLC. (Canada), oOh!media Ltd. (Australia), Mvix, Inc. (U.S.), Christie Digital Systems USA, Inc. (U.S.), Ayuda Media Systems (U.S.), Deepsky Corporation Ltd. (Hong Kong), and Aoto Electronics Co., Ltd (China)
|
|
Opportunities
|
|
Market Definition
Video walls outdoor LED display manufacturing technically entails the fabrication of LEDs of various colour wavelengths on printed circuit boards (PCBs). Dual-inline packaging (DIP) or surface mounting device packaging may be used (SMD). These screens are strong and resistant to sun, pollution, and moisture damage.
Globsl Video Walls Outdoor LED Display Market Dynamics
Drivers
- Rise in the adoption from electronics industry and mobile app companies
Consumer electronics manufacturers, mobile app companies, and the service sector use video walls outdoor LED display to provide detaiLED information about products based on the user's browsing history and content interest. Most start-ups are investing in video walls outdoor LED display to raise awareness about product features and implement an effective market penetration strategy.
- Growing importance of digital marketing and growing adoption of smart devices
The video walls outdoor LED display market is expected to be driven by rising demand for digital advertisements and growing user adoption of smart devices. The growing demand for advanced digital marketing tools by advertisers and marketers to ensure effective digital product advertising is expected to drive up demand for video walls outdoor LED display among businesses. Companies are prioritising social media advertising based on user demographics in order to increase the conversion ratio of potential customers, which is expected to provide significant revenue opportunities to social media platforms via video walls outdoor LED display.
Opportunity
Video wall penetration in the media and advertising sectors is driving market growth. Large-scale adoption in malls and public areas such as railway stations, airports, and bus stops also contributes to market growth. Furthermore, outdoor events such as political gatherings, sporting events, product launches, and others are some of the growth factors for the video wall outdoor display market. The future growth of energy-efficient electronic products and low power density products is an opportunity for the future growth of energy-efficient electronic products and low power growth during the forecast period.
Restraints
Higher investment costs and financial uncertainties will act as a restraint, posing additional challenges to the growth of the video walls outdoor LED display market during the forecast period mentioned above.
This video walls outdoor LED display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the video walls outdoor LED display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Video Walls Outdoor LED Display Market
Companies are implementing digital platforms for business processes and marketing strategies in response to lockdown measures and to provide more reliable platforms for managing product advertising activities. Companies are targeting more customers based on their content preferences in order to provide precise product information and increase sales during the lockdown period. During the forecast period, the ever-increasing threat of COVID-19 is expected to boost demand for programmatic display advertising solutions and services.
Recent Development
- In 2021, BNZSA, Europe's leading I.T. B2B digital, data, and lead generation agency, announced the launch of programmatic display, allowing consumers to deepen relationships with potential clients using technographic techniques firmographic, and intent data to promote brand awareness and thought-leadership content.
- In 2021, Blackstone announced partnerships with Simpli.fi, a leading programmatic display advertising and agency management software. The company made a US$ 1.5 billion investment in the latter programmatic display agency firm, accounting for a majority stake.
Global Video Walls Outdoor LED Display Market Scope
The video walls outdoor LED display market is segmented on the basis of technology and colour display. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Surface Mounted
- Individually Mounted
Colour display
- Tri-Colour
- Monochrome
- Full Colour
Video Walls Outdoor LED Display Market Regional Analysis/Insights
The video walls outdoor LED display market is analysed and market size insights and trends are provided by country, technology and colour display as referenced above.
The countries covered in the video walls outdoor LED display market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the video walls outdoor LED display market due to the increasing number of sporting events around the world, manufacturers are expected to introduce new revenue models.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Video Walls Outdoor LED Display Market Share Analysis
The video walls outdoor LED display market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to video walls outdoor LED display market.
Some of the major players operating in the video walls outdoor LED display market are:
- JCDecaux (France)
- Lamar Advertising Company (U.S.)
- Clear Channel Outdoor Holdings, Inc. (U.S.)
- OUTFRONT Media (U.S.)
- Prismview LLC (U.S.)
- Daktronics (U.S.)
- NEC Display Solutions, Ltd. (Japan)
- Stroer SE & Co. KGaA (Germany)
- Broadsign International LLC. (Canada)
- oOh!media Ltd. (Australia)
- Mvix, Inc. (U.S.)
- Christie Digital Systems USA, Inc. (U.S.)
- Ayuda Media Systems (U.S.)
- Deepsky Corporation Ltd. (Hong Kong)
- Aoto Electronics Co., Ltd (China)
SKU-