According to a new report Global Interactive Video Wall Market, published by KBV research, The Global Interactive Video Wall Market size is expected to reach $7 billion by 2027, rising at a market growth of 7.6% CAGR during the forecast period.
The Custom Layout market is expected to witness a CAGR of 9.6% during (2021 - 2027). The rising growth of this segment is a result of the benefits offered by interactive video walls in terms of flexibility, allowing users to switch between layouts whenever needed. Moreover, offering robust preview options to ensure the required view of layout would drive the demand for interactive video walls in markets across the world.
The Retail market acquired maximum revenue share in the Global Interactive Video Wall Market by End User 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,691.3 million by 2027. The rising growth of this segment is a contribution to the increasing number of commercial spaces, such as malls and shopping complexes. Customers can browse the store's inventory and check stock availability at a specific place using touch video walls at retail establishments. These displays are extremely valuable in the retail industry, as they are frequently utilized as digital signage to attract customers.
The LCD market is generating highest growth rate of 7.1% during (2021 - 2027). The significant growth of this market is attributed to the quality of the LCD video walls comprising the fluorescent light. Fluorescent lights save a significant portion of energy as well as are compact in size. In addition, LCD video walls are traditional video walls which makes them more reliable.
The North America market region is leading in the Global Interactive Video Wall Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,157.5 million by 2027. The Europe market is expected to witness a CAGR of 6.9% during (2021 - 2027). Additionally, The Asia Pacific market is expected to witness a CAGR of 9.3% during (2021 - 2027).
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