Press release
LED Video Walls Market To Expand At A CAGR Of 11.3% From 2022 To 2031
The outdoor segment of the LED video walls market is projected to reach the value of US$ 20.31 Bn by end of 2022, which is likely to be attributed to a considerable demand for LED video walls from industries such as education, BFSI, sports, and retail.Get Report Details- https://www.transparencymarketresearch.com/led-video-walls-market.html
In the automotive industry, an outdoor LED video wall is used for vehicle consoles and provides an attractive appearance to the vehicle. Therefore, LED video walls are rapidly becoming an essential component or accessory in the automotive & transportation industry.
Rise in demand for digitalization due to COVID-19 that caused connectivity resilience & urbanization due to rapid and historic transformation of human social roots is a key factor boosting the education and BFSI & retail industries, and therefore, the LED video walls market.
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Outdoor LED displays and outdoor TVs find wide applications in the education sector for campus events message board, campus directory or wayfinding, conference alerting system, and time & weather information. In the retail sector, LED video walls can create a special impact with spectacular displays and high picture quality that invigorate brand communication. The narrow pixel pitch provides excellent picture quality at close orbit and enhances brand communication. Display board owners and advertisers are gaining excellent return on investment (ROI) along with 100,000 hours of service life.
LED tiles for outdoor displays that are designed with SMD (Surface-Mount Device) technology are highly suitable for indoor applications such as lobbies, retail stores, boardrooms, etc. These walls offer rich color-reproduction, superior resolution, and overall spectacular viewing experience, which is expected to boost the demand for these walls and consequently, propel the market.
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Outdoor LED video walls have a robust design and possess high brightness. These walls include outdoor displays that offer various features such energy saving, high brightness, finer pixel pitches for outdoor, water resistance, etc. The fashion & apparel providers such as Norway Superdry, White Crow clothing, Intermarche Grocery Store, and Slate NY are benefiting from the features mentioned above to engage and attract customers.
How LED Video Walls Market will recover after covid19- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=10271
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