Latin America Outdoor Led Display Market Size & Outlook
Latin America outdoor led display market, 2017-2030 (US$M)
Related Markets
Latin America outdoor led display market highlights
- The Latin America outdoor led display market generated a revenue of USD 402.3 million in 2023.
- The market is expected to grow at a CAGR of 14.2% from 2024 to 2030.
- In terms of segment, surface mounted was the largest revenue generating technology in 2023.
- Individually Mounted is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 402.3 million |
| Market revenue in 2030 | USD 1,018.2 million |
| Growth rate | 14.2% (CAGR from 2023 to 2030) |
| Largest segment | Surface mounted |
| Fastest growing segment | Individually Mounted |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global outdoor led display market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 7,470.2 million by 2030.
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Outdoor LED Display Market Scope
Outdoor LED Display Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America outdoor led display market outlook
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 58.96% in 2023. Horizon Databook has segmented the Latin America outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
Outdoor LED displays are becoming increasingly popular in Latin America as businesses are constantly improving their visibility and advertising capabilities. These displays offer a high-impact and cost-effective way to reach large audiences instantly.
Technological advances in LED displays make them a viable option for businesses of all sizes. Many suppliers offer modular designs that make installation and maintenance easier, making the technology more accessible to companies in the region.
Moreover, countries such as Argentina, Brazil, and Mexico have witnessed tremendous growth in the outdoor LED display market, driven by the increasing use of digital signage for advertising and marketing purposes as well as the popularity of outdoor entertainment.
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Our clientele includes a mix of outdoor led display market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America outdoor led display market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America outdoor led display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America outdoor led display market size, by country, 2017-2030 (US$M)
Latin America Outdoor LED Display Market Outlook Share, 2023 & 2030 (US$M)
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