Market revenue in 2023 | USD 153.5 million |
Market revenue in 2030 | USD 372.5 million |
Growth rate | 13.5% (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 Mexico 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 Mexico as a tool for advertising and visibility. As technology continues to evolve, LED displays are likely to become more common in Mexico and play an increasingly important role in the improvement of the cities’ visual appearance.
In recent years, advances in LED display technology have made displays more affordable and accessible, and many suppliers now offer modular designs that simplify installation and maintenance.
This has boosted the growth of the Mexican market. Advertising billboards are a type of outdoor LED displays that are widely used in Mexico, typically in high-traffic areas such as street corners, shopping malls, and public squares, to promote a variety of products and services.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico outdoor led display market , including forecasts for subscribers. This country databook contains high-level insights into Mexico outdoor led display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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