Video walls are the large-scale visual display consisting of multiple monitors, projectors, or other display technologies that are tiled together as close as possible in a matrix to create a single, expansive display surface. The large-scale visual displays functions as an engaging tool that enhance users’ ability to see, understand, and share information with others. Video walls offer various advantages such as large, higher-resolution images than single displays. A large, high-resolution central display enables users to clearly view, interact with, and share information.
Technological advancements such as touch screen and near field communication are key factors expected to drive growth of the global video wall market. In addition, video walls’ user-friendly advancements and low price of the video wall technology is further expected to support growth of this market. Moreover, increasing adoption for video walls in various sector across the globe is the ongoing trend observed in the market, which is expected to support market growth in the near future. To drive customer engagement, businesses are shifting to interactive video walls. Police departments across the globe have adopted these solutions in order to improve their response towards the criminal activity. Educational institutions are using video walls to improve communication and engagement all around campus by replacing lecture hall projector systems with video displays. Hospitals and other healthcare providers are increasingly focusing on video walls installations to publish information and improve the patient experience.
The global video wall market report has been segmented on the basis of product, service, application, and region. On the basis of region, the global video market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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The North America market is dominating the global video wall market in terms of revenue due to increasing number of sporting events, live concerts, and corporate exhibitions. The market in Asia Pacific is projected to witness fastest growth in terms of revenue, owing to increasing adoption video wall and reduction in the video wall prices.
Key players operating in the global video wall market include, LG Display Co., Ltd., Panasonic Corporation, Samsung Electronics Co., Ltd., Sony Corporation, NEC Display Solutions, Koninklijke Philips N.V., ViewSonic Corporation, Acer Inc., Panasonic Corporation and Planar Systems Inc.