Market revenue in 2023 | USD 1,084.4 million |
Market revenue in 2030 | USD 2,678.2 million |
Growth rate | 13.8% (CAGR from 2023 to 2030) |
Largest segment | Surface mounted |
Fastest growing segment | Individually Mounted |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Individually Mounted, Surface Mounted |
Key market players worldwide | Barco NV, Daktronics Inc, LG Electronics Inc ADR, Panasonic Holdings Corp, Sony Group Corp, Toshiba Corporation |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor led display market will help companies and investors design strategic landscapes.
Surface mounted was the largest segment with a revenue share of 57.98% in 2023. Horizon Databook has segmented the India outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
India is one of the fastest-growing regions in Asia Pacific with a continuously evolving retail and tourism sector. The high demand for outdoor LED displays in shopping centers, tourist hotspots, and other public spaces in India has contributed to the growth of the regional market.
Additionally, the Indian government has made investments in the administration of smart cities, deploying outdoor LED displays to provide the general public with real-time information on traffic, emergency alerts, and weather updates.
The rising popularity of outdoor entertainment, such as concerts, festivals, and athletic events, is also driving the growth of the outdoor LED display market in the country. Large outdoor LED displays are often deployed at events to provide event highlights and offer advertising and marketing prospects.
Horizon Databook provides a detailed overview of country-level data and insights on the India outdoor led display market , including forecasts for subscribers. This country databook contains high-level insights into India outdoor led display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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