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Large Format Display Market Size

  • Report ID: GMI7776
  • Published Date: Jan 2024
  • Report Format: PDF

Large Format Display Market Size

Large Format Display market was valued at around USD 15.5 billion in 2023 and is estimated to expand at 6.8% CAGR from 2024 to 2032. The factors driving the market of large format display are increasing demand for digital Signage, growth in outdoor advertising, and rising popularity in events and entertainment.

 

The surge in the popularity of Large Format Displays (LFDs) in events and entertainment is a driving force for market growth. LFDs contribute to immersive visual experiences, offering dynamic content delivery and versatile deployment in various event spaces. Their adaptability facilitates innovative stage designs, interactive exhibits, and dynamic signage in entertainment venues. LFDs play a crucial role in enhancing brand visibility, providing sponsorship opportunities, and creating visually captivating displays in concerts, trade shows, and virtual events. With their ability to engage audiences through live streaming, social media integration, and interactive content, LFDs continue to be a vital component in shaping the evolving landscape of events and entertainment.

 

Authors: Ankit Gupta, Sunita Singh

Frequently Asked Questions (FAQ) :

Large format display industry was valued at around USD 15.5 billion in 2023 and is estimated to reach USD 27.3 billion by 2032, owing to the increasing demand for digital signage, growth in outdoor advertising, and rising popularity of events and entertainment.

LED technology segment held the largest market share of 63.6% in 2023 and is poised for growth through 2032, driven by its energy efficiency, high brightness, and versatility.

North American large format display market is slated to grow at CAGR of 5.8% through 2032, favored by well-established and resilient retail infrastructure, providing a conducive environment for the widespread adoption of LFDs in commercial and consumer settings.

Barco NV, Samsung Electronics Co., Ltd. and LG Display Co., Ltd. are some of the main companies operating in the large format display industry.

Large Format Display Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 347
  • Countries covered: 19
  • Pages: 200
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