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A large format display is an LCD flat-screen display larger than 32 inches in size that is used to briefly display text, images, and video for human viewing in commercial settings such as retail shops, hospitality, corporate, and public locations to increase customer interaction. It is used in commercial settings to attract and engage customers by showing dynamic digital signage and eye-catching material such as adverts, displaying information, and real-time information.
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The global large format display market is expected to grow from $12.75 billion in 2022 to $13.87 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The large format display market is expected to grow to $18.59 billion in 2027 at a CAGR of 7.6%.
Drivers Trends
The increased applications for digital signage are expected to propel the growth of the large format display market.
Product innovation is a key trend gaining popularity in the large format display market.
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The report covers the large format display market’s segments-
Video Wall, Standalone Display
Large Format Display(LFD) with LED backlit display, Large Format Display (LFD) with OLED, Large Format Display(LFD) with E-Paper,
Major companies in the market include
Samsung Electronics
LG Electronics Click
Sharp Corporation
Leyard Optoelectronic
Sony Group Corporation
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