The global interactive video wall market size is expected to reach USD 8.4 billion by 2025, registering a CAGR of 10.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing adoption of interactive video walls in educational institutes is expected to drive the growth. The market growth is ascribed to the rising demand for digital classrooms that allow students to work together for cooperative learning.
Interactive video walls enabled with multi-touch functionality are extensively used in museums to enable customized/personalized viewing experience to visitors. The demand for interactive video walls equipped with LED displays has increased over the last few years. LED displays provides better clarity and are portable, thereby increasing the demand for such walls among museums.
Furthermore, the growth of interactive video wall market is attributed to an increase in the adoption of interactive display technologies, such as interactive tables and interactive kiosk, among others especially in North America, which currently accounts for the largest revenue share. The media sector is witnessing a paradigm shift in terms of advertisement display methods. Interactive video walls are used as an advertising medium by several companies to attract a larger group of the crowd and grab the attention of passers-by.
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Interactive Video Wall Market Report Highlights
• Custom layout segment is anticipated to register considerable growth over the forecast period, on account of the benefits offered in terms of viewing flexibility, thereby augmenting their adoption across museums, conference rooms, and corporate, and healthcare sector among others
• LED display segment accounted for the largest market share in 2018, on account of the benefits offered by the product in terms of bezel less sleek design, superior image quality, and energy efficiency, among others
• North America is anticipated to continue leading the global interactive video wall market over the forecast period, attributed to the presence of large number of shopping malls using interactive technologies coupled with presence of large number vendors/manufacturers offering interactive touch video wall solutions
• Key market players include Christie Digital System Inc.; eyefactive GmbH; Prestop B.V.; IDEUM; Intermedia Touch; Planar; Panasonic Corporation; MultiTaction; Pro Display; and Leyard; among others. New product development remains the major strategy adopted by the leading manufacturers
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Interactive Video Wall Market Segmentation
Grand View Research has segmented the global interactive video wall market based on layout, display, end user, and region:
Interactive Video Wall Layout Outlook (Revenue, USD Million, 2015 - 2025)
• Standard Layout
• Custom Layout
Interactive Video Wall Display Outlook (Revenue, USD Million, 2015 - 2025)
• LCD
• LED
• Others
Interactive Video Wall End-User Outlook (Revenue, USD Million, 2015 - 2025)
• Retail
• Corporate
• Transportation
• Healthcare
• Hospitality
• Museum
• Others
Interactive Video Wall Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
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Interactive Display Market Size, Share & Trends Analysis Report By Display Type (Kiosk, Video Wall), By Application (BFSI, Healthcare, Retail), By Region, And Segment Forecasts, 2020 - 2027
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
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