Press release
Large Format Displays Market Revenue is expected to Surpass US$ 21,403.8 Mn by the end of 2027
Higher mean time between failure, increasing sports and international events across the globe, and rapid global modernization and urbanization are some of the factors anticipated to boost revenue growth of the global large format display market. However, high costs, an increasing adoption of smart TV, and growing preference towards online advertising are some of the factors likely to restrain market revenue growth during the forecast period.
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The global large format display market is segmented on the basis of Screen Size (32” to 40”, 40” to 80”, >80”); Type (Standalone, Video Wall, Outdoor, Touchscreen); Deployment Type (Installed, Rental); Backlight Technology (LED Backlit, CCFL); Industry (Government & Public, Hospitality, Retail, Corporate, Education, Healthcare, Sports, Others); and Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, Middle East & Africa).
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The report profiles some of the leading players operating in the global large format display market such as SAMSUNG, LG Electronics, NEC Corporation, Panasonic Corporation, Koninklijke Philips N.V., Barco, Sharp Corporation, BenQ Corporation, Planar Systems Inc., and Christie Digital Systems USA, Inc. Companies in the global large format display market are entering into long-term contracts with business partners to increase sales revenue and new innovation strategy, thereby enabling large format display vendors to reach new potential customers in emerging markets.
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