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The industry’s constant hunger for innovation will increase LED video displays market size growth to be worth nearly $11bn by 2026 (2022 – $5.3bn). This translates to 2.7 million sqm shipped worldwide with a 12.1% CAGR growth through 2026, with China, North America, and Asia & Oceania, leading the growth.
However, based on Omdia’s latest ProAV Vertical Market Tracker, LCD video walls remain popular in most application verticals such as retail, control room, conference room, transportation, and education signage.
Undoubtedly, the momentum is swinging full force in LED public displays’ favor. However, it does not signify the immediate end-of-life for LCD public displays, particularly video walls and IFP/touch displays which are still dominant in certain markets due to affordability.
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