It’s a Market in Motion, as LED Tech Redraws the Pro Displays Picture

Momentum is building across the professional displays market, as LED technologies accelerate, and long-established display formats face growing pressure. According to Futuresource Consulting’s newly released Professional Displays Strategic Market Outlook report, the sector is still the largest component of the global Pro AV industry, but the balance of power between technologies is shifting rapidly.

In 2024, global Pro AV value reached $75 billion, with professional displays accounting for the largest share. Looking ahead, Futuresource expects value growth to continue through to 2029. However, the underpinning drivers of that growth are evolving.

LED strengthens its growth position

LED video displays are now firmly positioned as the market’s primary growth engine, while LCD and projection technologies move further along the path of commoditisation.

“Professional displays has never been a single market, flowing forward in a single direction,” says Jeremy Wills, Principal Analyst at Futuresource Consulting. “But now, beneath the surface of strong overall growth, we’re seeing a technology mix that’s changing even faster. LED is redefining expectations around scale, brightness and flexibility, while established formats are being compelled to specialise and adapt, or die.”

Falling LED average selling prices, combined with advances such as Flip Chip CoB, MiniLED and the early development of MicroLED architectures, are opening up new use cases across corporate, education, control rooms, signage and experiential environments. LED displays are on track to dominate professional display value later this decade, supported by accelerating price erosion, particularly at ultra-narrow pixel pitches.

LCD and projection face mounting pressure

While LED gathers momentum, LCD displays still maintain significance, accounting for more than half of professional display value in 2025. However, Futuresource expects gradual long-term decline as competition intensifies and differentiation becomes harder to sustain.

Projection continues to contract sharply in value, but the report highlights that it retains relevance in those applications where scalability, form factor and unique functionality still matter, particularly in environments that LCD or LED cannot easily replicate.

Market divergence, not decline

“This is not a simple story of winners and losers,” says Wills. “We’re seeing a professional displays market that’s continually redefined by divergence. Commercial success increasingly depends on how manufacturers and vendors align technology capabilities with evolving customer needs, wherever they are. Whether that’s collaboration in education, immersion in experiential spaces, or reliability in mission-critical environments, end-user ease and satisfaction is becoming ever-more paramount.”

Drawing on Futuresource’s long-running global tracking services and primary research conducted throughout 2025, this new report delivers a detailed view of market size, pricing trends, technology transitions and competitive dynamics across regions and verticals. It also provides a forward-looking strategic outlook on how the professional displays ecosystem will continue to evolve.

For businesses operating in or adjacent to the Pro AV space, the Professional Displays Strategic Market Outlook 2025 report delivers essential context for navigating a market in transition, and understanding where the next phase of growth will come from.

About Futuresource

Futuresource Consulting provides the insights that power the world’s leading technology and media companies. For more than 30 years we’ve been combining rigorous data, sector expertise and a forward-looking view of market change, to help organisations understand what’s happening, why it’s happening and what’s likely to come next. Our syndicated research, consulting services and industry partnerships span consumer electronics, entertainment, Pro AV, education and emerging technologies.

More information is available at www.futuresource-consulting.com .

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