Video Wall Market analysis & forecast report categorizes global by Product (Video Wall Displays, Housing, Installation, and Content Management), Application (Indoor, Outdoor, Menu Board, and Billboard), Vertical (Retail, Hospitality, Transportation, Healthcare & Others) & Geography."
Dallas, TX -- (SBWIRE) -- 04/22/2015 -- According to a new market research report "Video Wall Market by Product (Video Wall Displays, Housing, Installation, & Content Management), Application (Indoor, Outdoor, Menu Board, & Billboard), Vertical (Retail, Hospitality, Transportation, Healthcare) & Geography - Forecast to 2020", published by MarketsandMarkets, the total market size is expected to reach $17,956.26 Million by 2020, at a CAGR of 23.44% for 2014-2020.
Browse 72 market data Tables and 87 Figures spread through 210 Pages and in-depth TOC on "Video Wall Market".
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The video wall offers various advanced features such as flexibility, high performance, and ease of maintenance, due to which various companies manufacture it and add it in their product portfolios. The demand for the video wall is growing due to its 24/7 reliability and versatility among the products.
Various applications, such as the indoor, outdoor, menu board, and bill board video wall advertisements, are showing an impressive growth in the video wall market. Currently, the outdoor and indoor advertisements hold the largest share in the North American market, which shows that they have a great potential to increase over a period of time.
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The scope of this report consists of the total video wall market including the products and services segment. As such, the term "video wall market" and its statistics, wherever mentioned, refers to the markets for the products and services segment in four major applications such as indoor advertisement, outdoor advertisement, menu board advertisement, and billboard advertisement across verticals such as retail, retail banking, quick service restaurants, corporate, government, entertainment, hospitality, healthcare, transportation, and education.
The video wall market size is expected to grow from $4,118.03 million in 2013 to $17,956.26 million by 2020 at a CAGR of 23.44% (2014-2020). Newer applications and uses are continuously being devised for this technology, which would further propel the market in the coming five years. This growth is heralded by the growing hospitality segment for the video wall market.
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