Global Video Wall Market 2016-2020
About Video Walls
Video walls are visual displays made up of multiple monitors or projectors that are tiled to form a single and large display screen. Such screens enable better engagement between the viewers and the digital content displayed on these devices. Video walls offer a large number of advantages to the users. Most important of all, it displays a much larger and higher-resolution image than a single display, creating an effective and lasting impression on the viewers. Video walls are also available in curved, three-dimensional (3D), and non-rectangular models, which gives the end-users the option to choose a model as per their requirements and targets.
Technavio’s analysts forecast the global video wall market to grow at a CAGR of 19.24% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global video wall market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of video walls by technology.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Video Wall Market 2016-2020
Technavio recognizes the following companies as the key players in the global video wall market: Barco, LG Electronics, NEC, Planar Systems, Samsung Electronics, ViewSonic, Acer, ADFLOW Networks, AU Optronics, Leyard Optoelectronic, Panasonic, Prysm, Sharp, and Sony.
Commenting on the report, an analyst from Technavio’s team said: “A major trend in the global video wall market is the entry of the laser phosphor display (LPD). Prysm — the display technology solution provider — launched the LPD technology in 2010, which deploys lasers instead of an electron gun to excite phosphors and produce an image. LPD is a variation of cathode ray tube (CRT) technology, the system used in traditional tube televisions. It uses a set of movable mirrors to reflect light from ultra-violet lasers onto a screen made up of plastic-glass and coated with phosphor strips. As the reflected lasers scan the screen from top to bottom, the energy from the light activates the phosphors, emitting photons and producing the image. Multiple LPD cubes, or tiles, are stacked and arranged in various configurations to create a video wall.”
According to the report, benefits of narrow bezel video walls will be a key driver for market growth. Narrow bezels provide seamless viewing experience to viewers and minimize the number of divisions caused by widened bezels. The mirrored tapes over the narrow bezels help in reflecting the images by hiding the tile lines to give the viewers a bigger display with no attachments or divisions. Thus, the continuous effort made by the vendors to ensure a smooth and flawless video wall display will drive the global video wall market during the forecast period.
Further, the report states that implementation of video walls is an expensive process, and it does not bring in direct revenue, which has become a major issue for small organizations. Aesthetically pleasing ultra-thin video wall displays are expensive, which further restricts the buyers from opting video walls instead of digital signage and billboards. High capital investment and operational cost of video walls are the other major challenges hindering the growth of the global video wall market.
Barco, LG Electronics, NEC, Planar Systems, Samsung Electronics, ViewSonic, Acer, ADFLOW Networks, AU Optronics, Leyard Optoelectronic, Panasonic, Prysm, Sharp, and Sony.