250 Pages LED Video Walls Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of LED Video Walls. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of LED Video Walls Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of LED Video Walls market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of LED Video Walls
This newly published and insightful report sheds light on Market Insights of LED Video Walls, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of LED Video Walls Market.
The growing demand to display various information regarding several demands such as; the arrival and departure of buses, flights, and trains have enhanced the demand for indoor LED video walls. Also, the requirement to display information about several items in auditoriums, shopping malls, and others, is anticipated to strengthen the market for LED Video walls during the assessment period.
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Players in the market take various initiatives to offer better services and produce innovative products to secure the forefront position in the global LED video walls market. Some of the recent key developments in the market are:
- In January 2020, LG Business Solutions USA rolled out two new 55-inch LCD video wall panels that comprise a 0.44 mm bezel for virtually seamless video wall installations and a new embedded Smart Calibration tool that lessens the maintenance and installation time by 97%.
- In April 2022, the Oregon-based Planar, a known visualization technology provider, announced its plans to prepare a diverse portfolio of emerging broadcast technologies at NAB 2022. The enterprise will demonstrate the modern developments for broadcast production needs. It will range from cutting-edge fine pitch LED display solutions for in-camera virtual production to state-of-the-art motion capture (Mocap) solutions for fine camera tracking. NAB 2022 also marks the first NAB show since the launch of Planar Studios in 2021.
Major Factors Driving the LED Video Walls Market
Integration of Interactive Digital Signage Systems with IoT and AI to Bolster the LED Video Wall Market
Various enterprises are integrating Augmented Intelligence (AI) with LED video walls to offer HD quality visuals and advertisements. There has been an increasing application of LED video walls with AR at bus stops, airports, and railway stations. Besides, various clothing stores are also using interactive screens which allow the users to see the dresses without trying them physically. It has offered a large scope for the future market of LED video walls. Also,
Players in the market are working to develop LED video walls that meet the changing demands of consumers. For instance, Planar recently launched a line of fine pitch LED video wall displays, dubbed Planar DirectLight Ultra Series. The product line is likely to offer a high-resolution display built for excellent visual performance.
Developments in technologies such as; AI, machine learning, and big-data analytics have offered innovative methods and have boosted the adoption of LED video walls. For instance, various media houses have opted for interactive LED video walls for presenting news forecasts. Similarly, the posters holding banners are being replaced with LED video walls which gives the opportunity for various advertisements against the conventional method of single-board painting.
Transportation Sector to Offer Remunerative Growth Prospects
The transportation sector is expected to be the most significant consumer of LED video walls. LED video walls witness notable demands from airports, bus stops, and railway stations. The growing demand for digital content and information that are relevant to passengers has resulted in ads through a video wall which makes a significant share of development in transportation media revenues.
For instance, Orlando International Airport installed a 700-display video wall that offers cinematic video and updated flight details, check-in, and finding locations through the Automated People Mover (APM) and North Terminal. With the growing shift in consumer choices and behavior, players have been making a strategic investment in their products. This is likely to benefit the market in the coming years.
As per International Air Transport Association (IATA), Air travel in India is expanding at a rapid rate. India has the fastest-growing domestic air travel market in the world. The fast-paced development in airports of the country is likely to generate significant demand for LED video walls, thereby, benefitting the market in the forecast period.
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Key Segments Profiled in the Global LED Video Walls Market
Global LED Video Walls Market by Installation Type :
- Indoor LED Video Walls
- Outdoor LED Video Walls
Global LED Video Walls Market by Service :
- LED Video Walls by Installation
- LED Video Walls by Repairing/ Maintenance
- LED Video Walls by Rental
Global LED Video Walls Market by Region :
- LED Video Walls in North America
- LED Video Walls in Europe
- LED Video Walls in Asia Pacific
- LED Video Walls in Middle East & Africa
- LED Video Walls in South America
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More Valuable Insights on LED Video Walls Market
Fact.MR, in its new report, offers an unbiased Market Analysis of LED Video Walls, Sales and Demand of LED Video Walls, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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