Global 3D billboard market is rapidly expanding due to advancements in technology, increased consumer engagement, and innovative advertising strategies, enhancing visual impact and creating immersive brand experiences.
Home>Industry Reports>Global 3D Billboard Market Assessment, Opportunities and Forecast, 2017-2031F
Global 3D billboard market is projected to witness a CAGR of 10.40% during the forecast period 2024-2031, growing from USD 5.27 billion in 2023 to USD 11.63 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
Generally, people are exposed to anywhere from 6,000 to 10,000 advertisements from businesses, which demonstrates the advertisement industry is on a growth trajectory, contributing to the growth of the global 3D billboard market size. Eye-catching 3D billboards delivering unique and captivating visual experiences make traditional advertisements look trivial in the digital age. 3D billboards leverage the latest technology innovations such as anamorphic, holograms, and augmented reality display technology to convincingly portray a comprehensive emotional connection narrative directly to a larger audience. Companies that use this latest technology for their advertisement have seen a rise in recognition, memory, and conversion rates from billboards. These billboards are an excellent advertising alternative in the competition to gain attention and connection with consumers. Therefore, rapidly developing smart cities around the world are contributing to the global 3D billboard market trend in the forecasted period.
Innovative technological advancements are rapidly growing the global 3D billboard market share by converting traditional ads into captivating experiences. Holographic billboards project live pictures that interact with humans, while anamorphic projections provide striking 3D illusions. By superimposing digital material on the actual environment, augmented reality (AR) goes one step further and enables customized interactions with smartphones or AR glasses. These developments increase engagement, sharpen memory, and better capture attention. They also offer insightful data on the effectiveness of advertisements, which aids firms in optimizing their tactics.
For instance, in June 2023, Lighthouse Technologies Limited reported the worldwide launch of the new Supreme II Series, which gives clients an extra decision of a slim and lightweight display arrangement while keeping the magnificent picture quality simultaneously.
The 3D billboard market is expected to expand over the forecast period as the digital out-of-home (DOOH) advertising industry is booming and adopting innovative technologies for creating compelling viewer experiences. Additionally, there are augmented reality and facial recognition technological capabilities, all of which represent ingredients that are enabling companies to do more than just provide a 3D experience on a billboard. It allows digital 3D experiences and content that is personalized.
3D billboards can be strategically placed with the help of GPS tracking and sensor data available in DOOH to provide targeted advertisements even if it is difficult to pinpoint exactly who are the audience members. 3D technology not only provides prominent visibility but a premium outlook as well and that is why the top firms eye upon DOOH to market their brands. 3D billboards can be updated in real-time and seamlessly integrated across other channels with DOOH to broaden their ability to tell stories and engage audiences. This collaboration is scaling new heights with outdoor advertising, and there are unique benchmarks being set in creating brand experiences that leave a permanent impression on the audience when they see ads in public places.
For example, in March 2024, Redken, a hair care brand, debuted its first-ever interactive Times Square billboard to promote its product, which can be experienced anywhere in the United States and on social media channels as it also incorporates augmented reality.
Robust customer engagement is bringing about a shift in the global 3D billboard market growth, with advertisements turning more interactive and intriguing. Traditional ads are missing out on attention-grabbing ways to reach the masses relative to these 3D billboards that typically acquire better recall and brand recognition. AR and facial recognition technologies result in ads that are personalized, engaging, and, therefore, more resonant with a customer. This ensures that these ads remain refreshing and relevant by updating content in real-time and integrating with other digital channels. Despite the challenges in precise targeting and execution, given the singular and eye-catching feature of 3D billboards, they help brands cut through an increasingly crowded advertising landscape and deliver powerful ad experiences that resonate with consumers at a more meaningful level.
For example, in May 2023, Alpha & Jam, LLC., a leading media company in Africa, unveiled the largest 3D digital billboard, having an enormous 800 sq meter "Maslow" display in Nigeria, which is the country's first true 4K billboard, reaching an estimated 800,000 people daily.
The government has an important role in increasing income in the 3D advertising sector by improving technology and granting it tax benefits. It focuses on kind growth by allocating land to the billboards, i.e., simply displaying them along busy stops. Smaller businesses could both be equipped to go into the digital signage market and install competition from a position of strength with some financial assistance. Public-private partnerships help maintain the reliability of these billboards and ensure that they function seamlessly. Consumer protections that lead to honesty and trust are best suited for all, either for an ad or the public. As a result, these programs activate urban environments with inventive advertising solutions that serve communities and businesses, thereby catalyzing economic development.
For example, in December 2020, the Digital Government initiatives in Singapore focused on improving digital infrastructure, services and citizen engagement through online platforms, enhancing the government's own digital capabilities to deliver more personalized, responsive and data-driven policies and services, and promoting the use of emerging technologies like cloud, AI and data analytics within the public sector.
Asia-Pacific, led by China, is at the forefront of the 3D billboard market, showcasing state-of-the-art technology in cities, such as Beijing, Shanghai, Guangzhou, and Chengdu. These billboards employ advanced naked-eye 3D technology, providing viewers with immersive visual experiences. Similarly, South Korea and Japan are embracing this trend, exemplified by Seoul's COEX Artium featuring a substantial 1,620 sq m 3D LED facade. These innovations are celebrated for their ability to captivate audiences and enhance the effectiveness of brand communication while also revitalizing urban landscapes. In 2024, Asia-Pacific continues to lead with its innovative approach to outdoor advertising, setting new standards in visual engagement and urban aesthetics.
Shinjuku 3D Cat Billboard in Tokyo, Japan, and Vivo X80 3D Billboard in Shenzhen, China, are great examples in the Asia-Pacific region, which showcases the opportunities in the 3D billboard market. The market benefits from supportive government initiatives such as the Beautification of Public Spaces and the promotion of tourism and local attractions in the regions to boost civic pride and identity.
Future Market Scenario (2024-2031F)
1. Growth in the global 3D billboard market will accelerate, driven by increasing demand for immersive advertising experiences.
2. Emerging technologies and advancements in 3D display capabilities will enhance the visual impact of billboards.
3. Market opportunities will expand as more businesses seek innovative ways to capture consumer attention in urban centers.
4. Investment in research and development will drive the evolution of 3D billboard technology, fostering new applications and market growth.
Report Scope
“3D Billboard Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global 3D billboard market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
Report Attribute |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2017-2022 |
Forecast Period |
2024-2031 |
Projected Growth Rate |
CAGR of 10.40% between 2024 and 2031 |
Revenue Forecast in 2031 |
USD 11.63 billion |
Segments Covered |
Display Type, Project Type, End-use Industry |
Regions Covered |
North America, Europe, South America, Asia-Pacific, Middle East and Africa |
Key Companies Profile |
Barco NV, Daktronics Dr., Lighthouse Technologies Limited, SHENZHEN ABSEN OPTOELECTRONIC CO., LTD, Shenzhen LEDSINO Optoelectronic Co., Ltd., Shenzhen Linsn LED Co., Ltd., Shenzhen SRYLED Photoelectric Co., Ltd., Shenzhen Unit LED Co., Ltd., Unilumin Group Co., Ltd, YESCO Administration LLC |
Customization Scope |
15% free report customization with purchase |
Pricing and Purchase Options |
Avail the customized purchase options to fulfill your precise research needs |
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In the report, global 3D billboard market has been segmented into the following categories:
Key Players Landscape and Outlook
Most of the key manufacturing companies operating in the global 3D billboard market are Barco NV, Daktronics Inc., Lighthouse Technologies Limited, Shenzhen LEDSINO Optoelectronic Co., Ltd., and Shenzhen Linsn LED Co., Ltd., are known for their advanced display technologies. Companies have been innovating naked-eye 3D technologies and LED modules to improve visual experiences. The future for the market seems positive with the increasing trend of urbanization and rising demand for attractive advertising. Solid market growth is especially evident in Asia-Pacific, with China in particular experiencing rapid urban development. These types of investments continue to point towards improved display quality and energy efficiency industry-wide. In an era of increasing competition among manufacturers, these companies are deliberately branching out their product ranges and building up market share in new regions across the globe.
In December 2022, Zodiac Investment Corporation (Zodiac) reported a distribution agreement with Lighthouse Technologies Limited (Lighthouse). Vietnam is the fastest-growing market in Southeast Asia, and this agreement could open a good opportunity to tap the market by providing innovative technologies and top-notch video and audio solutions.
In December 2022, Lighthouse Technologies Limited (Lighthouse) collaborated with AVITCOM System Private Limited (AVITCOM) to capture the market in Singapore by providing advanced video display solutions.
Key Players Operating in Global 3D Billboard Market are:
Markets and Data’s reports answer the following questions:
If you can't find what you're searching for or have any custom requirements for global 3D billboard market, you may approach our team at info@marketsandata.com.
The global fraud detection and prevention market is experiencing robust growth as a result of the growing number of cyber-attacks and data breaches.....Read More
Published on
September 2024
4,500
The global event management software market is rapidly expanding due to the increasing demand for virtual and hybrid events, advanced data analytics, and enhanced attendee engagement, reflecting robust growth and innovation opportunities.....Read More
Published on
September 2024
4,500
Vietnam semiconductor market is expected to experience growth due to continuous need of data protection, launches of training programs of semiconductors, and growing demand from other Asian countries.....Read More
Published on
September 2024
3,300
Japan semiconductor market is exponentially driven by the rising number of semiconductor plants, increased investments in semiconductor fabrication coupled with the global supply chain integration.....Read More
Published on
September 2024
3,300
Purchase Options
USD ($)
i
2,760
3,000
8%
i
4,050
4,500
10%
i
5,016
5,700
12%
i
6,970
8,200
15%
Tired of Searching?
Looking for Customization?
Some other doubt?
Need insights from a cohort?
REACH US