LED Modular Display Market expected to reach USD 22.99 Billion by 2032, driven by technology advancements.
From GlobeNewswire: 2025-01-15 08:00:00
The LED Modular Display Market was valued at USD 7.43 Billion in 2023 and is expected to reach USD 22.99 Billion by 2032, growing at a CAGR of 13.39%. Advancements in technology and the rise of digital advertising are driving market growth, with smart technologies integration making it attractive across industries like retail and hospitality.
Indoor modular screens dominated the market in 2023, holding a 59% market share, while outdoor modular screens are expected to exhibit swift growth through 2032. Asia-Pacific leads the market with a 36% market share, while North America is expected to witness rapid growth due to the adoption of advanced display technologies.
Recent developments include Samsung launching a Transparent MICRO LED Display at CES and Sony equipping Texas A&M University with industry-standard tech for the Virtual Production Institute. The market report includes insights on market size, segmentation, competitive landscape, and regional analysis. SNS Insider offers in-depth research insights on the LED Modular Display Market from 2024 to 2032. Access the full report at https://www.snsinsider.com/reports/led-modular-display-market-4651 for a comprehensive analysis of market growth and outlook. For customized research or more information, email [email protected]. Trust SNS Insider for accurate market data and consumer insights to make informed decisions.
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