Technology

Large format display market to hit $18.6B by 2026

June 22, 2021

The large format display market will grow from $13.1 billion to $18.6 billion by 2026, according to a report by MarketsandMarkets. It will also grow at a compound annual growth rate of 7.2% from 2021 to 2026.

Key factors of the growth in the market include high adoption rates of digital signage and interactive displays as well as growing demand for 4K and 8K large screen displays for education, healthcare and sports. Other findings in the report include:

• Fine-pixel LED will see the highest growth.
• The indoor installation segment will hold the highest market share.
• The Asia-Pacific market will hold the largest market share by 2026.