Press Releases from Transparency Market Research (73644 total)
Assistive Technologies for Visually Impaired Market Forecast 2031: Innovation in …
Assistive technologies for the visually impaired encompass hardware and software that enable reading, mobility, and access to information. Products range from braille displays and computers to smart glasses, audiobooks, and low‐vision apps. Valued at US$ 3.5 Bn in 2020, the market is projected to expand at a 13.7 % CAGR from 2021 to 2031, surpassing US$ 13.9 Bn by 2031. Growth is fueled by rising digital inclusion mandates, technological breakthroughs,…
Global Maritime Digitization Market to Reach USD 367.7 Billion by 2031, Driven b …
The global maritime digitization market is on a trajectory of rapid transformation, poised to reach US$ 367.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 9.3% from its valuation of US$ 167.7 billion in 2022. The industry's expansion is propelled by the integration of cutting-edge technologies including AI, IoT, blockchain, and advanced analytics, aimed at improving operational efficiency, safety, and environmental sustainability.
Market Overview: Maritime digitization refers…
Global Media (Video) Processing Solutions Market to Hit USD 64.5 Billion by 2031 …
The global Media (Video) Processing Solutions Market is experiencing rapid transformation and expansion, propelled by surging demand for high-definition and immersive video content across entertainment, education, gaming, advertising, and enterprise communication. Valued at USD 18.8 billion in 2022, the industry is projected to reach USD 64.5 billion by 2031, expanding at a compelling CAGR of 14.8% from 2023 to 2031, according to a new market research report.
Market Overview: Media (video)…
Crumb Rubber Market Grows: From US$ 1.4 Billion in 2020 to Over US$ 2.4 Billion …
The global crumb rubber market, valued at over US$ 1.4 billion in 2020, is projected to exceed US$ 2.4 billion by 2031, driven by a compound annual growth rate (CAGR) of 4.8% from 2021 to 2031. Crumb rubber, derived from recycled tires, is widely used in applications such as sports surfaces, asphalt modification, and molded products due to its durability and eco-friendly properties. This article explores the market dynamics, key…
Digital Printing Market Set to Surpass USD 54.4 Billion by 2031, Fueled by Deman …
The digital printing market is witnessing robust growth, fueled by rapid technological advancements, increasing demand for personalized and on-demand printing, and a growing emphasis on sustainable printing solutions. Digital printing enables the direct transfer of digital files onto various substrates, delivering high-resolution output with enhanced speed and flexibility. Its versatility has led to widespread adoption across multiple industries, including packaging, textiles, publishing, and advertising, where customization and quick turnaround are…
PET Foam Core Market Grows: From US$ 84.2 Million in 2021 to US$ 165.7 Million b …
The global PET foam core market, valued at US$ 84.2 million in 2021, is projected to reach US$ 165.7 million by 2031, driven by a robust compound annual growth rate (CAGR) of 7.2% from 2022 to 2031. PET (polyethylene terephthalate) foam core, known for its lightweight, high strength, and recyclability, is widely used in composite structures for wind energy, marine, transportation, and construction applications. This article explores the market dynamics,…
Electronic Toll Collection System Market Set to Reach USD 33.9 Billion by 2034 A …
The Electronic Toll Collection (ETC) System Market is experiencing strong growth, propelled by technological advancements and the widespread adoption of intelligent transportation systems. ETC systems facilitate contactless toll payments, allowing vehicles to pass through toll points without stopping-reducing congestion and improving traffic efficiency. As part of efforts to modernize infrastructure and streamline toll revenue collection, governments and transportation authorities are increasingly deploying these systems worldwide.
Electronic Toll Collection (ETC) System Market…
Dive Slate Market to Expand at 5.4% CAGR, Reaching USD 339.6 Million by 2034 Ami …
The global dive slate market continues to make waves in the underwater accessories sector, demonstrating robust growth and innovation. Valued at US$ 190.6 million in 2023, this niche yet vital market is projected to expand at a compound annual growth rate (CAGR) of 5.4% between 2024 and 2034. By the end of this forecast period, the market is anticipated to reach US$ 339.6 million, driven by technological advancements, evolving consumer…
Personal Gadget Insurance Market to Reach US$ 79.2 Bn by 2034, Fueled by Digital …
The global Personal Gadget Insurance Market is witnessing a significant transformation driven by digital innovation and the growing reliance on high-value personal electronics. Valued at US$ 25.4 billion in 2023, the industry is forecast to grow at a robust CAGR of 10.9% from 2024 to 2034, ultimately reaching a market size of US$ 79.2 billion by 2034. With increasing consumer demand for comprehensive and seamless protection plans, key industry players…
Conductive Plastic Compounds Market Surges: From US$ 11.0 Billion in 2021 to US$ …
The global conductive plastic compounds market, valued at US$ 11.0 billion in 2021, is projected to reach US$ 30.6 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 10.9% from 2022 to 2031. Conductive plastic compounds, which combine polymers with conductive fillers like carbon nanotubes or metal fibers, are critical for applications requiring electrical conductivity, EMI shielding, and lightweight materials. This article explores the market dynamics,…
Electric Pet Massager Market Growth Outlook: 6.4% CAGR to 2034 as Pet Humanizati …
The global Electric Pet Massager Market is entering a promising era of growth, driven by rising pet ownership, increasing emphasis on pet wellness, and evolving consumer preferences for personalized care products. Valued at US$ 373.6 million in 2023, the industry is set to expand at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2034, reaching an estimated US$ 738.5 million by the end of the forecast period.
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Single-walled Carbon Nanotube Market Soars: From US$ 358.0 Million in 2021 to US …
The global single-walled carbon nanotube (SWCNT) market, valued at US$ 358.0 million in 2021, is projected to surge to US$ 24.1 billion by 2031, driven by an extraordinary compound annual growth rate (CAGR) of 52.4% from 2022 to 2031. SWCNTs, known for their exceptional electrical, thermal, and mechanical properties, are revolutionizing applications in electronics, energy storage, and advanced materials. This article explores the market dynamics, key drivers, challenges, and future…
UV Protection Patches Market to Reach USD 636.6 Million by 2034, Growing at 4.4% …
The global UV protection patches market is poised for significant expansion, driven by increasing public awareness of skin health and the growing prevalence of wearable skincare technology. According to recent industry analysis, the market was valued at US$ 396.8 million in 2023 and is expected to grow at a steady CAGR of 4.4% over the next decade, reaching approximately US$ 636.6 million by 2034. Major industry players, such as Sun…
Southeast Asia Cultivated Meat Market to Reach USD 2.3 Billion by 2034, Growing …
The Southeast Asia cultivated meat market is experiencing a transformative surge, as regional demand for sustainable and ethical protein sources continues to climb. In 2023, the industry was valued at approximately US$ 99.4 million, with an impressive compound annual growth rate (CAGR) of 34.6% projected between 2024 and 2034. By the end of this forecast period, the market is anticipated to reach an estimated US$ 2.3 billion, underpinned by regulatory…
Advanced Materials for Semiconductor Market to Hit USD 176.4 Billion by 2034, Dr …
Advanced materials play a vital role in the semiconductor industry, driving innovation and enabling the development of high-performance electronic devices. Essential components such as substrates, epitaxial wafers, dielectrics, and conductive materials are fundamental to the fabrication of next-generation semiconductors. The surging demand for advanced electronic products, along with rapid technological advancements, is fueling the growth of the advanced materials for semiconductor market.
The Advanced Materials for Semiconductor Market is set to…
Global Ink Market Grows: From US$ 17.3 Billion in 2021 to Over US$ 24.1 Billion …
The global ink market, valued at US$ 17.3 billion in 2021, is projected to surpass US$ 24.1 billion by 2031, driven by a compound annual growth rate (CAGR) of 3.3% from 2022 to 2031. Inks, essential for printing, packaging, and industrial applications, are experiencing steady demand due to growth in these sectors and advancements in eco-friendly formulations. This article explores the market dynamics, key drivers, challenges, and future opportunities shaping…
System Integrator Market Forecast: USD 52.3 Billion Valuation by 2034, Driven by …
The System Integrator Market plays a pivotal role in helping businesses seamlessly integrate their IT and operational systems. System integrators design, implement, and manage complex solutions by combining hardware, software, and networking components, offering tailored services to meet specific industry requirements. Market growth is being driven by the rapid adoption of advanced technologies and the growing demand for streamlined, efficient operations across various sectors.
The System Integrator Market is projected to…
Pressure Transducers Market Forecasts USD 5.6 Billion Valuation by 2031, Growing …
The global Pressure Transducers Market is projected to expand at a steady CAGR of approximately 3.30% from 2022 to 2031, reaching a valuation of over USD 5.6 billion by the end of the forecast period. This growth is driven by the rising demand for precision sensing technologies, the growing adoption of automation across industrial sectors, and the widening application of pressure transducers in healthcare, automotive, and energy industries.
The global Pressure…
Type 4 Hydrogen Cylinder Industry Set to Quadruple, Rising from USD 992.0 Mn in …
The global type 4 hydrogen cylinder market, valued at US$ 992.0 Mn in 2023, is projected to advance at a CAGR of 13.2% from 2024 to 2034, reaching US$ 4.4 Bn by the end of the forecast period. The increasing need for safe and efficient hydrogen storage-especially given hydrogen's propensity for leakage due to its small molecular size-is fueling market expansion. High-grade storage containers made from materials like high-density polyethylene…
Power Management Software Market to Reach USD 4.5 Billion by 2031, Growing at 9. …
The global power management software market is set to transform modern industries by optimizing energy consumption and reducing operational costs. Valued at US$ 1.9 Bn in 2022, the market is projected to grow at a CAGR of 9.1% from 2023 to 2031, reaching an estimated US$ 4.5 Bn by the end of the forecast period. Increasing energy prices and environmental concerns are driving businesses to adopt innovative solutions that enhance…
EV Battery Pack Modules Market to Hit USD 85.8 Billion by 2031, Growing at 15.7% …
The global battery pack modules market for electric vehicles (EVs) is set for extraordinary growth, propelled by the escalating demand for eco-friendly transportation and the continuous drive toward more efficient, cost-effective battery solutions. Valued at US$ 23.1 Bn in 2022, the market is projected to expand at a robust CAGR of 15.7% from 2023 to 2031, reaching an estimated US$ 85.8 Bn by the end of the forecast period.
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Global Marine Propulsion Market Set to Grow from $10.4B in 2022 to $16.6B by 203 …
The global marine propulsion market was valued at US$ 10.4 Bn in 2022 and is projected to expand at a CAGR of 5.3% from 2023 to 2031, reaching an estimated US$ 16.6 Bn by 2031. The market growth is fueled by the increasing demand for fuel‐efficient propulsion systems amid expanding global maritime trade, rising environmental regulations, and a shift toward sustainable energy sources in marine applications.
Uncover essential discoveries and trends…
Solar Street Lighting Industry to Reach USD 16.9 Billion by 2031, Driven by Urba …
The global solar street lighting industry, valued at US$ 4.4 billion in 2022, is projected to grow at an impressive CAGR of 16.0% from 2023 to 2031, reaching an estimated US$ 16.9 billion by the end of the forecast period.
The market growth is primarily driven by increasing demand for greener solutions and a heightened focus on energy conservation. As renewable energy usage continues to surge globally, solar street lighting offers…
Engineering R&D Services Outsourcing Market to Reach USD 400.0 Bn by 2031, Drive …
According to a recent market analysis, the global Engineering R&D Services Outsourcing Market was valued at US$ 148.0 Bn in 2022 and is projected to reach US$ 400.0 Bn by 2031, expanding at a CAGR of 11.8% during the forecast period from 2023 to 2031. This growth is being fueled by the increasing adoption of advanced technologies, digital transformation across industries, and the growing demand for cost-effective and flexible engineering…
Edge Data Center Market to Hit USD 57.8 Bn by 2031, Growing at 22.1% CAGR Driven …
The global Edge Data Center Market was valued at USD 9.7 Bn in 2022 and is projected to reach USD 57.8 Bn by the end of 2031, expanding at an impressive CAGR of 22.1% from 2023 to 2031. This rapid growth is fueled by the increasing demand for real-time data processing, the rise of streaming services, growth in IoT and AI-driven technologies, and the adoption of autonomous vehicles.
Market Overview: Edge…
Passenger Information System Market to Reach USD 62.6 Bn by 2031 Amid Surge in R …
The global passenger information system market was valued at USD 25.4 Bn in 2022 and is projected to reach USD 62.6 Bn by 2031, expanding at a CAGR of 10.6% during the forecast period (2023-2031). These systems, which deliver real-time and static information to passengers through various mediums, are fast becoming essential for modern transit networks aiming to enhance operational efficiency, commuter experience, and safety.
Discover essential conclusions and data from…
Passenger Information System Market to Reach USD 62.6 Bn by 2031 Amid Surge in R …
The global passenger information system market was valued at USD 25.4 Bn in 2022 and is projected to reach USD 62.6 Bn by 2031, expanding at a CAGR of 10.6% during the forecast period (2023-2031). These systems, which deliver real-time and static information to passengers through various mediums, are fast becoming essential for modern transit networks aiming to enhance operational efficiency, commuter experience, and safety.
Discover essential conclusions and data from…
Optical Lens Edger Market Forecast 2031: Growth Driven by Expanding Eye Care Ser …
Optical lens edgers are critical pieces of ophthalmic and camera‐manufacturing equipment that cut, grind, bevel, and groove lenses to fit frames or housings. Modern all‐in‐one systems integrate edging, blocking, drilling, grooving, and tracing functions, accommodating materials from glass and high‐index plastics to polycarbonate and acrylic resins. With 1.3 billion people worldwide experiencing vision impairment-80 % of which is avoidable-efficient lens finishing is essential to meet growing corrective‐lens demand.
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Canes and Crutches Market Forecast 2031: Aging Population and Rising Orthopedic …
Canes and crutches are fundamental assistive mobility devices that enhance independence and reduce fall risk for elderly individuals and those with temporary or permanent ambulatory impairments. Valued at US$ 957.4 Mn in 2021, the global market is projected to grow at a 3.4 % CAGR, reaching over US$ 1.39 Bn by 2031. Growth reflects demographic shifts, rising incidence of musculoskeletal disorders, and innovations in lightweight, user‐friendly designs.
Preview crucial insights and…
Teeth Whitening Products Market Forecast 2031: Aesthetic Awareness and Product I …
Teeth whitening products employ bleaching agents-hydrogen peroxide or carbamide peroxide-to remove surface stains and discoloration. Available as over‐the‐counter (toothpastes, gels, strips, powders, mouthwashes) and professional treatments (in‐office laser whitening, take‐home kits), these products vary in strength and application method. Valued at US$ 5.8 Bn in 2021, the market is poised to grow at a 6.2 % CAGR through 2031, reaching over US$ 10.6 Bn, as consumers increasingly prioritize smile aesthetics…
Intraosseous Devices Market Forecast 2031: Increasing Emergency Care Adoption an …
Intraosseous (IO) devices enable rapid delivery of fluids and medications into the bone marrow when intravenous access is difficult or delayed. Widely adopted in pediatric and adult emergency care, IO infusions provide a lifesaving alternative during cardiac arrest, major trauma, and shock. Valued at US$ 448.7 Mn in 2021, the global IO devices market is projected to grow at a 5.6 % CAGR from 2022 to 2031, reaching over US$…
Plasma Sterilizers Market Forecast 2031: Rising Demand for Low-Temperature Steri …
Plasma sterilizers utilize gas plasma-most commonly generated with hydrogen peroxide-to sterilize delicate and technologically advanced medical devices at low temperatures. Unlike conventional steam sterilizers (autoclaves) that can damage sensitive equipment with high temperature and humidity, plasma sterilizers provide a controlled, low‐temperature alternative. Valued at US$ 590.0 Mn in 2021, the global plasma sterilizers market is forecast to grow at a 6.4 % CAGR through 2031, reaching over US$ 1,101 Mn…
Smart Enterprise Market Set to Reach USD 846.4 Mn by 2031, Fueled by Digital Tra …
The global smart enterprise market is witnessing a rapid evolution, with the industry projected to grow from USD 277.8 Mn in 2022 to USD 846.4 Mn by 2031. The market is expected to expand at an impressive CAGR of 13.3% from 2023 to 2031, according to new research highlighting major drivers, developments, and future opportunities.
Market Overview: Smart enterprise systems represent the convergence of operational technology (OT) and information technology (IT)…
Global Marine Fleet Management Software Market Soars with 10.8% CAGR, Hitting US …
The global marine fleet management software market is poised for robust growth, expected to rise from USD 1.0 Bn in 2022 to USD 2.5 Bn by the end of 2031, expanding at a healthy CAGR of 10.8%. This dynamic growth is fueled by the increasing digitalization of the maritime industry, the growing demand for real-time fleet insights, and a sharp focus on operational efficiency, safety, and compliance.
Marine fleet management software…
IoT Sensors Market Projected to Hit USD 258.0 Billion by 2034, Driven by Smart D …
The Internet of Things (IoT) is transforming industries by enabling intelligent connectivity and real-time data-driven decision-making. Central to this evolution are IoT sensors-critical devices that capture data from the physical environment and transmit it for processing and actionable insights. These sensors are integral to a wide range of applications, including smart homes, industrial automation, healthcare, and transportation. With rapid advancements in sensor technology and increasing adoption across sectors, the IoT…
Telecom Power System Market Forecast to Surpass USD 8.0 Billion by 2034, Boosted …
Telecom power systems are essential for maintaining a stable and reliable power supply across telecommunication networks, ensuring uninterrupted connectivity and communication services. These systems comprise key components such as rectifiers, batteries, inverters, controllers, and power distribution units-each designed to meet the dynamic and growing energy demands of the telecom industry. The market is experiencing notable growth, driven by the rapid rollout of 5G technology, the expanding mobile subscriber base, and…
Smart Card IC Market to Reach USD 5.2 Billion by 2034, Growing at a CAGR of 3.7% …
The smart card integrated circuit (IC) market is witnessing robust growth, driven by the rising adoption of secure payment systems, identity verification technologies, and advanced access control solutions. The accelerating pace of digital transformation, combined with continuous technological advancements, is fueling demand for smart card ICs across key sectors such as banking, telecommunications, healthcare, and transportation. These trends are not only expanding market opportunities but also paving the way for…
Ginseng-based Cosmetics Market Outlook 2034: Industry to Grow at 5.9% CAGR, Reac …
The global market for ginseng-based cosmetics is witnessing robust growth as consumers around the world increasingly seek natural, effective skincare solutions. Valued at US$ 598.5 million in 2023, this market is poised to expand at a CAGR of 5.9% from 2024 to 2034, ultimately reaching US$ 1.1 billion by 2034. Leading brands and innovators within the industry are launching cutting-edge products to strengthen their market presence. For example, in September…
Middle East Bags Market Insights: 2.7% CAGR Driving Industry Growth Toward USD 2 …
The Middle East bags market is set to witness steady growth over the next decade, driven by increased consumer spending, product innovation, and regional expansion strategies. According to recent industry data, the market was valued at US$ 21.7 billion in 2023 and is projected to expand at a CAGR of 2.7% from 2024 to 2034, reaching a value of US$ 28.9 billion by the end of the forecast period.
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U.S. Dermal Fillers Market Set for 8.4% CAGR Growth Through 2034, Driven by Risi …
The U.S. dermal fillers market has witnessed robust growth over the past few years and continues to expand steadily. Valued at approximately US$ 1.4 billion in 2023, the market is projected to grow at an impressive CAGR of 8.4% from 2024 to 2034, ultimately surpassing US$ 3.4 billion by the end of 2034. Driven by innovations in product development and growing consumer demand for non-invasive aesthetic procedures, the market is…
Dog Grooming Products Market Forecast: USD 3.9 Billion by 2034, CAGR 7.2%, Drive …
The global dog grooming products market is poised for remarkable growth, as evolving consumer preferences, increasing pet ownership, and growing awareness regarding pet hygiene continue to drive demand worldwide. Valued at US$ 1.8 billion in 2023, this industry is on a robust upward trajectory. According to recent market research, it is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2034, reaching an impressive…
At-Home Testing Kits Market Forecast: 5.9% CAGR Through 2034, Driven by Consumer …
The global at-home testing kits market is poised for consistent growth over the next decade, with a projected compound annual growth rate (CAGR) of 5.9% from 2024 to 2034. This upward trend reflects the increasing consumer demand for privacy, convenience, and faster health diagnostics, as well as an evolving healthcare landscape that prioritizes patient-centric solutions. The market, which stood at US$ 7.3 Bn in 2023, is expected to reach US$…
Global Active RFID Battery Market Set to Hit USD 19.6 Billion by 2031, Says Tran …
The global batteries for active RFID market, valued at US$ 6.6 billion in 2022, is set to experience significant growth over the next several years. With an estimated CAGR of 12.8% from 2023 to 2031, the market is projected to reach US$ 19.6 billion by the end of 2031. This growth is driven by the rising adoption of IoT and automation technologies, increased demand for real-time asset tracking, and enhanced…
Global AI in Oil and Gas Industry Valued at USD 2.8 Billion, Forecast to Hit USD …
The global AI in oil and gas market is set to experience robust growth, driven by an increasing focus on cost management and enhanced safety measures that reduce environmental impact. Valued at US$ 2.8 Bn in 2023, the market is forecast to grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2034, reaching US$ 10.1 Bn by the end of 2034. AI technologies are revolutionizing the…
Middle East District Heating Market to Reach USD 8.6 Billion by 2034, Growing at …
The Middle East district heating market is set to grow steadily as rapid urbanization, sustainable development programs, and heightened energy efficiency awareness drive demand. Valued at US$ 6.7 Bn in 2023, the market is projected to reach US$ 8.6 Bn by 2034, with a compound annual growth rate (CAGR) of 2.1% from 2024 to 2034. Improvements in district heating systems-including smart grid solutions, advanced controls, and digital optimization tools-are enhancing…
Middle East & Africa Mining and Processing Equipment Market to Reach USD 448.0 M …
The Middle East & Africa (MEA) mining, material handling, and mineral processing equipment market is poised for moderate growth as robust foreign direct investments, government initiatives, and technological advancements drive expansion. Valued at US$ 276.6 Mn in 2022, the market is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031, reaching US$ 448.0 Mn by 2031. The region's abundance of natural resources, especially…
Geophysical Exploration Equipment Market to Cross USD 18.9 Billion by 2031, Grow …
The global geophysical exploration equipment market is set to grow steadily as robust investments in exploration activities and technological advancements drive demand across various sectors. Valued at US$ 13.2 Bn in 2022, the market is projected to expand at a compound annual growth rate (CAGR) of 4.1% from 2023 to 2031, reaching US$ 18.9 Bn by the end of 2031. Increased energy and mineral demands, coupled with a surge in…
Fine Pixel Pitch LED Displays Market Set to Reach USD 7.5 Bn by 2031, Growing at …
The global Fine Pixel Pitch LED Displays Market is poised for exponential growth, projected to rise from US$ 1.6 Bn in 2021 to US$ 7.5 Bn by 2031, expanding at a remarkable CAGR of 17.4% during the forecast period from 2022 to 2031. Analysts attribute this robust expansion to rising demand for high-definition, energy-efficient, and space-saving display technologies across diverse sectors including media, advertising, transportation, and corporate environments.
Market Overview: Fine…
Smart Lighting Market to Surge Past USD 83.52 Billion by 2031 Amidst Smart City …
The global smart lighting market is on a dynamic growth trajectory, projected to grow from over US$ 11.29 billion in 2020 to a staggering US$ 83.52 billion by 2031, expanding at an impressive CAGR of 20.3%. Driven by rapid urbanization, smart city initiatives, energy efficiency mandates, and technological advancements in lighting systems, the market is reshaping the future of residential, commercial, and industrial lighting solutions worldwide.
Market Overview: Smart lighting refers…
Global LED Video Walls Market Set to Surpass USD 53.4 Billion by 2031, Driven by …
The global LED video walls market is on a high-growth trajectory, poised to expand at a robust CAGR of 11.3% from 2022 to 2031. Valued at over US$ 18.2 Bn in 2021, the market is projected to surpass US$ 53.4 Bn by the end of 2031, driven by the increasing emphasis on digital connectivity, brand communication, and immersive display technologies across diverse industries.
Market Overview: LED video walls comprising direct view…
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