Touchscreen Displays to Witness High Y-o-Y Growth Rates in the Global Large Format
Display Market
A new report published by Persistence Market Research analyzes the global large format display
market over a 10 year period from 2017 to 2027. The report titled ‘Large Format Display Market:
Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2027)’ presents insights on the factors
anticipated to impact market revenue growth during the forecast period. According to the report, the
global large format display market is projected to reach a market valuation of US$ 21,403.8 Mn by
the end of 2027, up from an estimated US$ 10,018.2 Mn in 2017. Revenue generated by the large
format display market during 2017 – 2027 is expected to exhibit a CAGR of 7.9%.
Request Sample: https://www.persistencemarketresearch.com/samples/20284
Global Large Format Display Market: Dynamics
Higher mean time between failure, increasing sports and international events across the globe, and
rapid global modernization and urbanization are some of the factors anticipated to boost revenue
growth of the global large format display market. However, high costs, an increasing adoption of
smart TV, and growing preference towards online advertising are some of the factors likely to
restrain market revenue growth during the forecast period.
Global Large Format Display Market: Segmentation & Forecast
The global large format display market is segmented on the basis of Screen Size (32” to 40”, 40” to
80”, >80”); Type (Standalone, Video Wall, Outdoor, Touchscreen); Deployment Type (Installed,
Rental); Backlight Technology (LED Backlit, CCFL); Industry (Government & Public, Hospitality,
Retail, Corporate, Education, Healthcare, Sports, Others); and Region (North America, Latin
America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan, Middle East &
Africa).
North America is the largest regional market with about 29% value share in 2027. Western Europe
is the second largest regional market with just under 19% value share in 2027
By deployment type, the installed segment is the largest, holding more than two-thirds of the market
share throughout the forecast period
On the basis of screen size, the 40” to 80” segment is expected to increase 2.2X during the forecast
period and hold a market share of just under 60% by 2027
By type, the touchscreen segment is expected to register the highest growth rate of 9.4% during the
forecast period
On the basis of backlight technology, LED Backlit is the largest segment estimated to hold more
than 95% value share of the global large format display market throughout the period of forecast
By industry, retail is expected to be the largest segment in terms of value, with about 24% market
share in 2027 and a CAGR of 7.3%
Download TOC: https://www.persistencemarketresearch.com/toc/20284
Global Large Format Display Market: Key Players