Competition from the All-in-One LED display market is usurping LCD and Projection, according to Omdia’s new ProAV Vertical Solutions – Corporate and Conference Room 2024 Analysis.

“The total volume of All-in-One LED displays soared to an impressive 56k square meters in 2023, a sharp increase from just 9k square meters in 2020,” Principal Analyst at Omdia Matthew Rubin said. “This rapid growth highlights the burgeoning demand and potential for these cutting-edge displays in transforming corporate signage and meeting room environments.”

Pointing to its simple installation process and size, Omdia says both corporate buyers and channel sellers are pushing LED more.

Current units cost upward of $10k each, which is comparatively much higher than LCD alternatives. However, average selling prices for sub-2mm LED displays in the wider market have fallen 20% from 2020 to 2023, making it a real possibility that All-in-One display prices will continue to fall too. If not, the market will be restricted to buyers with substantial budgets and likely only viable in key visibility areas such as lobbies rather than numerous meeting room locations.

Suppose the key barrier of cost can be mitigated over the coming years and dvLED touch functionality continues to improve. In that case, meeting room technology offers a key battleground where All-in-One LED displays have the potential to make inroads. Interactive displays have been in the spotlight for this application in recent years due to their ability to enhance hybrid meeting environments, enabling easy interaction between office workers and home workers.

And, a lot is being driven by the 21:9 market created by Microsoft’s Teams Rooms Front Row specification.

If you want to read the entire report, go here: https://omdia.tech.informa.com/om122303/proav-vertical-solutions-corporate-and-conference-room–2024-analysis