After a challenging period marked by economic uncertainty and geopolitical tensions, the LED display market is entering a new growth phase. According to the latest report from Futuresource Consulting, global LED display revenues are projected to grow at an impressive 14.8% annually through 2029, driven by next-generation technologies and simplified all-in-one solutions.
2026: LED Market Poised for Strong Growth
This year, LED display revenues will rise by just 4.5%, reflecting lingering market caution. However, the outlook for the next four years is far more optimistic: by 2029, the global LED market is expected to reach USD 16.8 billion. It’s important to note that Futuresource measures revenue, not volume – and with LED prices falling sharply, the number of installations is growing even faster than revenue. invidis and Futuresource will present further insights and new metrics at DSS ISE on February 4 in Barcelona.
Technology drivers: CoB and CoG take center stage
“LED is regaining momentum,” says Ted Romanowitz, Principal Analyst at Futuresource. The key growth drivers are packageless LED technologies such as Chip-on-Board (CoB) and Chip-on-Glass (CoG), which enable higher pixel density and improved durability. By 2029, these technologies are expected to capture 57% of the fine-pixel market, replacing traditional SMD LEDs. MicroLED solutions like Samsung’s The Wall, based on CoB technology, exemplify this trend.
All-in-One LED systems are booming
Pre-configured All-in-One (AiO) LED display solutions are another major growth engine. With an average annual growth rate of 42%, this segment is forecasted to reach USD 1.5 billion by 2029. The appeal lies in ease of installation, making LED accessible even for integrators with limited experience.
Regional dynamics: China leads – EMEA, and North America accelerate
China remains the dominant market, accounting for more than half of global LED sales and production. However, EMEA and North America are expected to grow faster in the coming years, fueled by demand in corporate environments, retail, and digital-out-of-home (DooH). Other key verticals include education, transportation, and control rooms.
After a year of stagnation, LED is back on the fast track. Falling prices, next-gen technologies, and flexible solutions like AiO systems are setting the stage for robust growth – making LED the key driver of digital signage innovation in the years ahead.
