Global Video Walls Industry

Global Video Walls Industry

  • April 2021 •
  • 118 pages •
  • Report ID: 5900503 •
  • Format: PDF
Abstract:
- Global Video Walls Market to Reach $30.6 Billion by 2027
- Amid the COVID-19 crisis, the global market for Video Walls estimated at US$8.4 Billion in the year 2020, is projected to reach a revised size of US$30.6 Billion by 2027, growing at a CAGR of 20.4% over the analysis period 2020-2027. Retail, one of the segments analyzed in the report, is projected to record a 27.2% CAGR and reach US$4.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Retail Banking segment is readjusted to a revised 22.6% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 19.9% CAGR
- The Video Walls market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2027 trailing a CAGR of 19.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.2% and 17.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.
- Hospitality Segment to Record 19% CAGR
- In the global Hospitality segment, USA, Canada, Japan, China and Europe will drive the 19% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$4.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.6 Billion by the year 2027.

- Select Competitors (Total 44 Featured) -
  • Adflow Networks
  • AU Optronics Corporation
  • LG Display Co., Ltd.
  • Navori SA
  • NEC Display Solutions
  • Omnivex Corporation
  • Panasonic Corporation
  • Royal Philips Electronics N.V.
  • Samsung Electronics Co., Ltd.
  • Sony Corporation