San Juan Capistrano, California – April 24, 2024. PMA Research (PMA), the worldwide market information experts on large displays, have published their latest sell-through tracking reports on large-format (32-inch and larger) flat panel displays being sold by leading North American distributors who typically serve commercial markets.
As out-of-home entertainment spending continues to rise, hotel occupancy rates have jumped to pre-pandemic levels. That has fueled an uptick in hospitality TV sales, as well as additional display sales for hotel lobbies and meeting rooms.
In March 2024, unit volume and revenues for hospitality TV sales were up by more than 20% compared with last year. Year-to-date, unit volume and revenues were up +15% compared to the first quarter of 2023.
In addition, meetings, conferences and other in-person events are on the rise and expected to surpass 2019 levels in 2025. This has contributed to a surge in display sales including Direct-View LED sales, which doubled month-over-month in March. Certain all-in-one dvLED models are designed to easily move between hotel conference areas and banquet rooms.
PMA’s monthly Flat Panel Distributor Tracking report offers timely sell-through data and analysis on unit sales and market trends of large-format displays sold by leading U.S. AV and IT Distributors. These reports are ideal for tracking product and channel trends.
About PMA Research
PMA Research (PMA) specializes in worldwide market information for the projector industry, including detailed and comprehensive coverage of High-End Projectors, Mainstream Projectors, and Pico Projectors. With a series of quarterly projector shipment and forecast reports along with monthly sales tracking, PMA publishes data-driven insights for projector manufacturers, component suppliers, accessory companies, and channel partners.
Expanded coverage of the display industry includes market information on U.S. Professional Large-Format Flat Panel Displays. PMA’s Flat Panel Tracking Reports offer timely sell-through data and analysis on unit sales, revenues, and true volume-weighted selling prices of Professional Large-Format Flat Panel Displays sold by leading N. American dealers, systems integrators, and distributors.
PMA Research was formerly Pacific Media Associates, which was established by Dr. William Coggshall. Dr. Coggshall was a co-founder of Dataquest (now part of Gartner) and helped start the syndicated high-tech market information business. PMA Research has offices in the United States, Europe, and Asia. The company’s US headquarters is located at 25852 Avenida Cabrillo, San Juan Capistrano, CA 92675. Phone: +1 (949) 493-4601. www.pmaresearch.com