Middle East & Africa Outdoor Led Display Market Size & Outlook
Related Markets
MEA outdoor led display market highlights
- The MEA outdoor led display market generated a revenue of USD 296.4 million in 2023.
- The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, surface mounted was the largest revenue generating technology in 2023.
- Individually Mounted is the most lucrative technology segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 296.4 million |
| Market revenue in 2030 | USD 692.3 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Surface mounted |
| Fastest growing segment | Individually Mounted |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.6% of the global outdoor led display market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 7,470.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Outdoor LED Display Market Scope
Outdoor LED Display Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Daktronics Inc | View profile | - | - | - |
| Barco NV | View profile | 3360 | 35 President Kennedypark, Kortrijk, Belgium, 8500 | https://www.barco.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
Middle East & Africa outdoor led display market outlook
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 59.55% in 2023. Horizon Databook has segmented the Middle East & Africa outdoor led display market based on individually mounted, surface mounted covering the revenue growth of each sub-segment from 2017 to 2030.
In the Middle East and Africa, outdoor LED displays are becoming increasingly common as a technique for advertising and boosting visibility. These displays are often deployed in busy streets, malls, and public squares where they can be seen by a large number of people.
They are also used in sports events to provide real-time score updates and highlight critical plays, and in transportation systems to provide information on bus schedules, route changes, and other important updates.
Certain religious sites in the Middle East and Africa have started integrating LED displays into their architecture to improve the visiting experience and provide details on the site's significance and history. LED screens are also widely used in hospitals and other healthcare institutions to provide real-time updates on waiting times, bed availability, and other crucial information.
Reasons to subscribe to Middle East & Africa outdoor led display market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Middle East & Africa outdoor led display market databook
-
Our clientele includes a mix of outdoor led display market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa outdoor led display market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa outdoor led display market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Middle East & Africa Outdoor LED Display Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
