The companies jointly recognized the growth potential of AV-over-IP in 2019 and began developing a custom, lightweight software solution that runs on top of LG’s webOS Signage platform for flat-panel and direct-view LED displays, focusing on simplicity, reliability, flexibility and security. According to Userful, the resulting platform is expected to deliver hardware and energy cost savings while helping to reduce carbon footprints.
According to their research, the AV-over-IP market is poised to grow from $3 billion today to $51 billion in 2027, with 85% of growth expected in the corporate, government and education sectors.