Middle East Video Wall Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
The Middle East Video Wall Market is estimated to grow at a CAGR of around 8.7% during the forecast period, i.e., 2024-30.
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Middle East Video Wall Market Dynamics: 2024-2030
The Middle East Video Wall Market Driver:
Booming Gaming Industry Contributing to the Market Escalation – Middle Eastern countries such as Saudi Arabia, the UAE, and Qatar have been emerging as a hotspot for the global gaming industry over the past years. This growth imputes to the rising government investment & initiatives, young population demand, and increasing e-sports culture. Governments of the region are recognizing the economic potential of the gaming industry & are providing support through initiatives, grants, and policies that foster its development. For instance:
- In 2022, Saudi Arabia’s Savvy Games Group, owned by sovereign wealth fund PIF, decided to invest around USD 37.8 billion in initiatives aimed at making the kingdom a global hub for gaming.
Thus, the advent of the Middle East as a gaming hub attracted e-sport event organizers in recent times, resulting in a growing number of e-sport events, such as the Global E-sport Games, Dule Arena Gaming, etc., in the region. This resulted in the heightened requirement for video walls across the region, providing immersive spectator experience, live stat feeds & commentary, and brand visibility. Additionally, the growing investments & collaborations from both local and international entities in the Middle East gaming industry, including game development studios, e-sports organizations, and related technology, would also drive the Middle East Video Wall Market in the forecast period.
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Middle East Video Wall Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Technology
-LCD- Market Size & Forecast 2019-2030F, (USD Million)
-LED- Market Size & Forecast 2019-2030F, (USD Million)
-OLED-Market Size & Forecast 2019-2030F, (USD Million)
-DLP Video Wall- Market Size & Forecast 2019-2030F, (USD Million)
-Rear Projection-Market Size & Forecast 2019-2030F, (USD Million)
LED technology video walls hold a significant share of the Middle East Video Wall Market in the forecast period owing to the growing shift of businesses towards digital out-of-home (DOOH) advertising.
By Location
-Indoor- Market Size & Forecast 2019-2030F, (USD Million)
-Outdoor- Market Size & Forecast 2019-2030F, (USD Million)
By End Users
-Retail- Market Size & Forecast 2019-2030F, (USD Million)
-Corporate- Market Size & Forecast 2019-2030F, (USD Million)
-Hospitality- Market Size & Forecast 2019-2030F, (USD Million)
-Education- Market Size & Forecast 2019-2030F, (USD Million)
-Sports & Entertainment- Market Size & Forecast 2019-2030F, (USD Million)
-Transportation- Market Size & Forecast 2019-2030F, (USD Million)
-Healthcare- Market Size & Forecast 2019-2030F, (USD Million)
-Others (Government, Commercial Offices, etc.) – Market Size & Forecast 2019-2030F, (USD Million)
By Country
-The UAE
-Saudi Arabia
-Qatar
-Oman
-Kuwait
-Bahrain
-Rest of the Middle East.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Middle East Video Wall Market:
Samsung Electronics Co., Ltd., LG Electronics, Panasonic Marketing, Sharp, Delta Electronics, Inc., ENO Digital Signage, Hangzhou Hikvision Digital Technology Co., Ltd, Barco, Christie Digital Systems USA, Inc., Xi’an NovaStar Tech Co., Ltd, Blue Rhine Industries, Daktronics Dr., Others
Industry Recent Development:
- 2023: LG Electronics completed the installation of its state-of-the-art video walls at the Almas Tower in Dubai.
- 2023: Daktronics delivered 535 square meters of LED video wall displays at Riyadh Front Mall, an e-sports venue located in Saudi Arabia, including the company’s new curved, bendable modules.
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