Development of Advanced & Innovative Large Format Displays is Projected to Drive Growth in the Market

Large format display market is expected to grow at a CAGR of 7.3% during the forecast period (2024-2031). The growth in the market can be associated with improvements in large-format display offerings. These improvements include smart capabilities, such as AI-powered analytics, & cloud management, the development of interactive displays for the education & healthcare sector, superior display technologies such as OLED, MicroLED, and 8K resolution, and customized displays among others. For instance, in January 2024, Samsung Electronics announced its latest QLED, MICRO LED, OLED, and Lifestyle display lineups. Samsung’s newest Neo QLED 8K and 4K TVs offer realistic picture quality, premium audio technology, and apps and services. The Neo QLED lineup also offers design-enhancing features, including 8K AI Upscaling Pro1, AI Motion Enhancer Pro, Real Depth Enhancer Pro, and Infinity Air Design. 

Browse the full report description of “Large Format Display Market Size, Share & Trends Analysis Report by Display Type (Video Wall, and Standalone), by Component (Displays, Controllers, Mount, and Other Accessories, and Services), by Application (Indoor, and Outdoor), and by End-User (Retail, Corporate & Enterprise, Healthcare & Medical, Hospitality & Tourism, Public Infrastructure & Spaces, Sports, Media & Entertainment, Banking, Financial Services, and Insurance (BFSI), Education & Training, and Other) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/large-format-display-market

Furthermore, utilizing large format displays is changing across sectors with a shifting focus towards personalizing content in the retail sector, the need for advanced display in the healthcare sector, multifunctionality requirements in public infrastructure, and AR/VR integrated capabilities in the sports & entertainment sector. This trend toward innovation is expected to persist in the future owing to the increasing demand for incorporating digital signage by public & private organizations, expansion in the utility of large format displays, and advancements in large format display technologies, enabling the large format display market to thrive in the future. 

Recent Development 

• In July 2024, Elo unveiled its 04 series of touchscreen digital signage comprising models like 32-inch 3204L, 43-inch 4304L, and 50/55-inch 4K variants. Its strength is the onboard IoT chipset allowing businesses to control the devices remotely with the help of software like EloView, Crestron, or MDM. This empowers businesses to control the power, brightness, and volume, transforming these displays into smart, manageable devices.

• In July 2024, E Ink partnered with AUO to develop large-size color ePaper displays. E Ink will provide the ePaper modules while AUO will supply integrated software, hardware, and TFT backplane components. This partnership is aimed at replacing the traditional printed posters in retail with E Ink's Spectra 6 color ePaper, displaying vibrant, energy-efficient visuals. Integrated with AUO's platform.

Market Coverage

· The market number available for – 2023-2031

· Base year- 2023

· Forecast period- 2024-2031

· Segment Covered- 

o By Display Type

o By Component

o By Application

o By End-User

· Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

· Competitive Landscape- Barco NV, LG Electronics, Inc., Samsung Electronics Co., Ltd., Sharp NEC Display Solutions Europe GmbH, and Sony Electronics Inc. among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Large Format Display Market Report Segment

By Display Type

• Video Wall
• Standalone

By Component

• Displays
• Controllers, Mount, and Other Accessories
• Services

By Application

• Indoor
• Outdoor

By End-User

• Retail 
• Corporate & Enterprise
• Healthcare & Medical
• Hospitality & Tourism
• Public Infrastructure & Spaces
• Sports, Media & Entertainment
• Banking, Financial Services, and Insurance (BFSI)
• Education & Training
• Other

Global Large Format Display Market Report Segment by Region

North America

· United States

· Canada 

Europe

· UK

· Germany

· Italy

· Spain

· France

· Rest of Europe 

Asia-Pacific

· China

· India

· Japan

· South Korea

· Rest of Asia-Pacific 

Rest of the World

· Latin America 

· Middle East & Africa

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