Global LED Display Market Reignites, Set for Strong Growth Through 2029

After a year of relative stagnation, the global LED display market is back in growth mode. Futuresource Consulting’s latest display market report reveals that the sector’s value will rise 4.5% in 2025, kicking off a new phase of expansion that’s forecast to deliver a 14.8% CAGR through to 2029to a global value of $16.8B USD.

“LED is rediscovering its momentum,” says Ted Romanowitz, Principal Analyst at Futuresource Consulting. “We’re seeing renewed confidence across both the supply chain and end-user markets, driven by transition to next-generation packageless LED technologies such as COB and CoG enabling closer up viewing experiences with higher pixel density.”

LED tech transition is the key to growth
The report highlights unpackaged LED technologies, including chip-on-board (CoB) and chip-on-glass (CoG), as key growth engines. Together they are forecast to account for 57% of the fine-pitch market by 2029, as manufacturers move beyond traditional surface-mount (SMD) production.

At the same time, the All-in-One (AIO) category is gaining momentum, with values projected to surge at a 42% CAGR to reach $1.5 billion by 2029. These pre-configured solutions are unlocking new channels and customers by simplifying installation, reducing integration costs and lowering technical barriers to adoption.

Regional strength and market confidence
China continues to lead global production and consumption, accounting for more than half of total LED display value in 2024. However, EMEA and the Americas are set to deliver faster near-term growth, driven by expanding corporate, retail and public-space deployments.

Futuresource notes that large-format installations and high-end retail remain key performance segments, while education, transport and control-room applications are expanding LED’s footprint into more functional, day-to-day use cases.

A market moving forward
“The correction of the past year and a half has set the stage for a more stable, innovation-led growth cycle,” says Romanowitz. “As new manufacturing techniques mature and price erosion continues, LED is opening up fresh opportunities across both premium and mainstream segments, expanding Total Available Market (TAM) across all vertical markets. The story from here is one of expansion, not recovery.”

About Futuresource Consulting

Futuresource Consulting is a leading research and consulting firm, providing in-depth analysis and strategic insights across professional AV, display and digital-signage industries.

The Global LED Display Market Report 2025 delivers market sizing, forecasts and analysis by region, resolution, technology type and vertical, alongside detailed vendor and supply-chain evaluations.

For more information or to purchase the report, please contact johnny.woodman@futuresource-hq.com.

Press Contact: Nicola Finn, Marketing Manager, Futuresource Consulting, nicola.finn@futuresource-hq.com