Outdoor Led Display Market Estimated to Experience a Hike in Growth by 2021
On the downside, high initial cost of LED displays is slowing the growth of outdoor LED display market. As installation of LED display is very expensive as compared to conventional displays such as textual banners and printed hoardings, consumers are increasingly opting to rent the equipment. Considering this, the global outdoor LED display market is likely to clock a robust CAGR of 89.5% for the forecast period between 2017 and 2021. In addition, increasing adoption of online advertising among various brands is also challenging the growth of outdoor LED display market to some extent.
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