In 2022, the global value of video wall product reached $8.6B, up 4% YoY versus 2021. In 2023, the market is forecast to grow 8%, driven primarily by the growth of the DvLED product category to reach $9.3B. By 2027, the video wall segment is forecast to reach $17.6B, at a 22-27 CAGR of 15%.
The LED video wall segment continues to expand rapidly post-pandemic, becoming a key contributor to market value. In 2022, LED accounted for over half of VW value. The category has more than doubled in value since 2017 and is expected to continue to contribute a growing share of market value for the remainder of the forecast period, aided by price erosion from key suppliers and vendors.