LED Billboard Market Top Manufacturers | Major Buyers | Forecast Research Report

The global 

Market Insights:

Global LED billboard market is expected to witness a massive growth with a staggering CAGR in the forecast period. An LED billboard is the huge kind of T.V. display that plays the moving advertisements, which is seen by the roadsides. Usage of LED billboards completely depends on the budget that has been allocated to spend on advertising and also on the market of the advertiser. Mentioning some examples – LED billboards are being integrated with some of the most well-known places such as Tokyo, New York’s Time’s Square and Las Vegas. The billboards that are used in advertisements for outdoors and indoors have a high resolution and better image quality.

Key Players:

• Daktronics

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Growth Drivers:

Presently, the cost of LED billboards is decreasing and its technological advancements are increasing massively. This major factor is attracting more advertisers to use the LED billboards (also called digital advertising) in various areas, as they make a huge impact on the audience. The penetration of these LED billboards is also increasing with better pixel density and high-quality resolution, which is immensely driving the growth of the market as its demand is increasing.

Market Segment:

Key Type:

• Single base color LED Billboard

Key regions

Regional Outlook:

Geographically, North America has been flourishing with its growth and is likely to dominate the LED billboard market in the near future well. In the near future, market will continue to come up with new innovations and techniques to attract new advertisers and investors, for them to continue the domination.

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