The Middle East Video Wall Market size is estimated to grow at a CAGR of around 8.7% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
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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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Middle East Video Wall Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- 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)
- 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
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – 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 looking forward to strengthening their market positions.
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