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TECHx
2 days ago
- Business
- TECHx
Digital Displays on the Rise: META Leads LFD Shift
Home » Tech Market Insights » Digital Displays on the Rise: META Leads LFD Shift Digital Displays surge in META as demand for interactive, high-brightness, and DV-LED screens grows, contrasting Europe's slowdown in the LFD market. This research article, based on the latest market insights provided by CONTEXT, explores the evolving landscape of the Large Format Display (LFD) market in the Middle East, Türkiye, and Africa (META). As global economic pressures and technology shifts redefine visual display demand, the META region demonstrates resilience and emerging opportunities in contrast to a notable slowdown in the European market. CONTEXT's data highlights growth drivers such as increasing demand for interactive and high-brightness LFDs, investments in smart cities, and the expansion of Direct View LED applications. This paper contextualizes these regional trends and examines broader factors like semiconductor tariffs and rapid technological evolution shaping the industry's trajectory. The LFD market across the Middle East, Türkiye, and Africa (META) is currently undergoing a dynamic period, characterised by both challenges and opportunities. While the META region demonstrates specific areas of growth, the European market provides a contrasting perspective, with a noted slowdown in April. LFD market shows promise in META One area of particular interest in the META region is the Large Format Display (LFD) sector. The LFD industry has experienced some relief regarding US tariffs, although concerns remain about potential future tariffs on semiconductors. Notably, LFD activity picked up in March, moving closer to the performance levels seen in 2024. This resurgence is driven by several key factors: Interactive LFD demand: There's a notable increase in demand for interactive LFDs, fuelled by adoption in educational institutions, boardroom automation, and even religious tourism. This indicates a diversification of LFD applications beyond traditional commercial settings. High brightness LFDs: The need for high brightness LFDs is also on the rise, spurred by advertising requirements and the development of smart cities. As urban centres in the META region invest in digital infrastructure, the demand for displays that can perform in various lighting conditions is expected to grow. Direct view LED momentum: The Direct View LED segment continues to demonstrate solid momentum, albeit with slightly slower growth compared to 2024. Opportunities in entertainment venues and the burgeoning esports scene are contributing to this growth. Türkiye's surging LFD market A standout within the META region is Türkiye, where the LFD market is experiencing a surge in demand for both interactive displays and signage. This highlights the country's investment in digital display technologies across various sectors. European market: April slowdown and key trends While the META region sees growth in LFDs, the European LFD market experienced a slowdown in performance in April. The main factors shaping the market currently are: Continued decline of ASPs : Average Selling Prices (ASPs) for LFDs have seen some significant price drops since the beginning of the year, and this is mainly affecting the DV-LED and Signage markets. : Average Selling Prices (ASPs) for LFDs have seen some significant price drops since the beginning of the year, and this is mainly affecting the DV-LED and Signage markets. Interactive Woes: The end of EDU investment programmes in different countries is having a large impact on the Interactive Board category of LFDs. These displays, which are now a staple for classrooms in many schools and higher education establishments, have seen a -31% decline in April as a result. The end of EDU investment programmes in different countries is having a large impact on the Interactive Board category of LFDs. These displays, which are now a staple for classrooms in many schools and higher education establishments, have seen a -31% decline in April as a result. Tough Comparables: In April 2024 the LFD market grew by 33% YoY. Demand received a boost from preparations for the Olympic games in France and the UEFA Euro in Germany. However, this implies that achieving comparable growth in the second quarter of this year will present a considerable challenge. Broader trends and considerations Several overarching factors influence both the META and European LFD markets: Semiconductor tariffs: The potential impact of US tariffs on semiconductors remains a key concern. Since LFDs rely heavily on these components, any price fluctuations in semiconductors could ripple through the entire supply chain and affect pricing in both regions. Technological evolution: The rapid pace of technological change continues to shape the LFD market. Innovations such as smart glasses have the potential to disrupt traditional display technologies in the long run. Looking ahead The LFD market presents a complex picture, with growth areas in the META region's LFD sector contrasting with a recent slowdown in the European desktop LFD market. Global economic factors, technological advancements, and supply chain considerations will continue to play crucial roles in shaping the industry's trajectory..
Yahoo
18-04-2025
- Business
- Yahoo
Photography industry embraces change and innovation, Zenfolio's 2025 report finds
The photography industry has weathered economic uncertainty, technological disruption and rising operational costs. However, according to Zenfolio's newly released 2025 State of the Photography Industry report, conducted in partnership with other creative businesses including Format, ShootProof and Professional Photographers of America (PPA), it's also finding strength through adaptability, community and more thoughtful business strategies. Now in its 6th consecutive year, the report draws on insights from more than 4,500 photographers in 70 countries. North Americans accounted for 79% of the participants, while photographers from Korea and Bolivia chimed in for the first time. The findings reveal an industry in transition but not in retreat. One of the standout trends is the return to personalized service. Photographers who conduct viewing appointments after a shoot see as much as 20% more revenue than those who rely on online delivery alone. "Clients value the personal touch," the report notes, adding that face-to-face sessions create opportunities to upsell prints and foster long-term relationships. As it turns out, adaptability pays off. Photographers who expanded their service offerings by pivoting to additional genres such as corporate headshots, drone photography, newborn portraits or sporting events were often rewarded with lucrative revenue streams. The report highlights that being open to last-minute gigs and unfamiliar styles that breach one's comfort zone is now a competitive advantage instead of a compromise. Nevertheless, the financial pressure is real. Between 65 and 70% of photographers reported increased business costs in 2024, including equipment and insurance. Zenfolio encourages professionals to revisit their pricing strategies and delivery models. Many new photographers still rely on selling digital files, but seasoned pros continue to profit from print sales. Print credits and tiered packages are recommended methods for boosting margins. Technological change, particularly AI, is also reshaping the industry. Rather than replacing photographers, AI tools are helping them streamline their workflows. From culling and editing to delivering final images, that efficiency frees up more time to focus on the creative vision and client service that can't be automated. Drone photography was introduced to the survey for the first time this year. The findings include that it is not only gaining traction but outpacing smartphone use among professional photographers. While the adoption of mirrorless cameras saw a slight dip, traditional cameras remain dominant. Finally, the report underscores a less tangible but perhaps more critical theme: the value of community. From online forums to local peer groups, photographers who engage with one another are more likely to grow in business, confidence and creativity. State of the Photography Industry 2025 is free to view and includes helpful advice and actionable tips.
The Guardian
18-03-2025
- Entertainment
- The Guardian
The best photography from Format 2025
A Thousand Cuts by Sujata Setia explores domestic abuse in South Asian culture, through portraiture and the traditional art of paper cutting called Sanjhi art Photograph: Sujata Setia WW Winter is a Derby institution, a photo studio that has documented the life of the city for more than 170 years. This image of interned German officers in 1918 near the city is one of 54 plates that was found in its studio archives Photograph: WW Winter Heritage Trust Part of the Young Format programme, this self portrait by Nicole Storer contributes to a body of work by students at Burton and South Derbyshire College, exploring the concept of conflict as it relates to their daily lives Photograph: Nicole Storer Hong Kong artist Lo Lai Lai Natalie created the project The Days Before the Silent Spring about farming in her homeland. Her multi-disciplinary work looks at themes around ecology and self-sufficiency through the work of the farming collective Sangwoodgoon Photograph: Lo Lai Lai Natalie Filming from the Rooftop, an image from El Gobierno Te Odia (The Government Hates You) by Puerto Rican photographer Christopher Gregory-Rivera. The project examines the surveillance by the Puerto Rican police, in collaboration with the FBI and CIA, of their own people, and is based on archival research into unredacted files released after the programme was uncovered in 1987 Photograph: Christopher Gregory-Rivera Flashed by Erin Todd from a project exploring the current state of rave culture in the UK. Todd is one of the outstanding students from the University of Derby BA Photography course 2024 recognised by Format Photograph: Erin Todd Child With Mask, 1989, by Michael Ormerod from his series States of America, a work that subverted traditional American icons, showing the country in a gritty, surreal fashion Photograph: Michael Ormerod Estate/Millenium Images/Crane Kalman Brighton Professional wrestler Harley Hudson, from Nicholas Priest's series on wrestlers in his home town of Stratford-upon-Avon. Priest was part of the East Meets West programme, where emerging photographers access masterclasses at Format Photograph: Nicholas Priest The Dancing Through Time archive documents the social history of the dance and music scene in Derby and includes this shot of Geno Washington performing at the opening night of Clouds in the 1960s Photograph: Dancing Through Time Archive
