Touch Screen Wall Market - Competitive Landscape and Trends by Forecast 2023

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Touch Screen Wall Market - Competitive Landscape and Trends by Forecast 2023

GlobalInteractive Video Wall Market, By Types (Landscape & Portrait, Custom Layout, 3D Installation), By Display Type (LED, LCD, LPD), By Frame Size (2x2, 3x3, 4x4), By Deployment Type (Touch-Based, Touchless, Multi-Touch), By Organization Type, By End-users (Retail, Government & Defense) - Forecast 2023

Market Analysis:

The global Touch Screen Wall Market is predicted to touch USD 17,647 million at a 15% CAGR over the forecast period (2016-2023), states the new Market Research Future (MRFR) report. Interactive video walls are powerful display options that displays information or message that is larger than life. A key feature that makes such displays incredibly effective is their flexibility, thus it is used in an extensive range of applications. The best part, it can be scaled down or up to any size, meaning this can fit in all types of venues. In case of larger installations, microtiles are used in place of full displays, yet the function and look are mostly identical.

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Various factors are propelling the Touch Screen Wall Market growth. These factors, as stated by the MRFR report, include technological advancements, increasing adoption of interactive displays at public places such as airports, accessibility of 3D video wall, and availability of higher-resolution image on a single display. Additional factors pushing market growth include gesture-controlled engagement, touch screen engagement, high-definition digital display, high-performance touchscreen interactivity, high-definition digital display, high-impact data visualization, and multi-touch interactivity.

On the contrary, the high implementation cost is likely to hamper the Touch Screen Wall Market growth over the forecast period.

Market Segmentation:

The Market Research Future report provides a wide segmental analysis of the Touch Screen Wall Market based on display units, types, organization size, frame size, deployment type, and end user.

Based on type, the Touch Screen Wall Market is segmented into 3D installation, landscape and portrait, custom layout, and others.

Based on display unit, the Touch Screen Wall Market is segmented into LED, LPD, LCD, and others.

Based on frame size, the Touch Screen Wall Market is segmented into 4x4, 3x3, 2x2, and others.

Based on deployment, the Touch Screen Wall Market is segmented into multi-touch, touchless, touch-based, and others.

Based on organization type, the Touch Screen Wall Market is segmented into large scale enterprise and small and medium scale enterprise.

Based on end user, the Touch Screen Wall Market is segmented into entertainment, media, government and defense, IT and telecommunications, retail, and others.

Regional Analysis:

Based on the region, the Touch Screen Wall Market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), Europe, North America, and the Rest of the World (RoW). Of these, North America will lead the market over the forecast period. This is on account of the presence of key players in this region such as Horizon Technologies and NEC Display Solutions that are making heavy investments in interactive video wall displays. Moreover, the growing demand for multi-touch and gesture-controlled engagement is also boosting the market growth in this region.

The Touch Screen Wall Market in the European region is predicted to have the second-largest share in the market over the forecast period. This is on account of the increasing demand for landscape, portrait, and 3D installation video walls in this region. Moreover, the presence of key players in the region such as Philips, Navori SA, is also pushing market growth.

The Touch Screen Wall Market in the APAC region is predicted to grow at the highest CAGR during the forecast period. This is owing to the growing demand for LED and LCD video walls.

Key Players:

Leading players profiled in the Touch Screen Wall Market report include LG Display Co. Ltd. (South Korea), Philips N.V. (The Netherlands), AU Optronics Corp (Taiwan), Adflow Networks (Canada), Panasonic Corporation (Japan), Omnivex Corporation (Canada), NEC Display Solutions (U.S.), Navori SA (Switzerland), Sony Corporation (Japan), and Samsung Electronics Co. Ltd. (South Korea). Key players are acquiring numerous strategies to strengthen their position and create a foothold in the market. These include collaborations, partnerships, mergers and acquisitions, product innovations, research and development, and more.

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