Rishabh91 :
That was super helpful. I do have some questions pertaining to it.
1. Do the capture cards have the ability to receive the output from a computer's HDMI / DP port without installing any software or drivers on the computer to be mirrored on the video wall?
2. Will those capture cards be able to transfer the captured stream to the other multi-output graphic card? I believe that it will be requiring a software to be operated on the computer whose settings I can freeze and make it really easy for anyone to operate. Is it so?
3. Do you have any idea about the cost of the capture cards? (I'll also ask the manufacturers but as they'll take some time to answer, I'm asking you for this; a little favour)
A1. Yes they do. The capture cards have options to capture DVI (HDMI would be with a DVI-HDMI adapter or adapter cable; the Magewell I have came supplied with one such adapter), and/or SDI, and even old analog. Just study the various models carefully before choosing.
Drivers are required, else Windows cannot communicate with the installed device. The cards come with their own capture software, but these are quite basic. If you want to position, scale, assign the output to 1 or more of the graphics card's multi-outputs, then more sophisticated software is required (Some are cheap, some expensive...depending on user needs and level of sophistication. I use Watchout and/or Wings - expensive).
A2. If I read your question correctly, yes, the captured stream is internally transferred ( the better more expensive ones via DMA - Direct Memory Access - for lower latency) to the multi-output graphics card. The 'control software' such as Dataton Watchout allows you to scale, position and direct the captured stream to the output of your choice, eg. sharing half between output 1 and 2, or shared over all outputs.
A3. basroil has given the approx prices of Blackmagic cards (as published on their website). They come with driver and Blackmagic Desktop_Video_Windows or Mac capture software.
Magewell cards are sold on Amazon and bhphotovideo from US$300 - 900 range. They come with driver, but not capture software. Magewell cards use the shareware amcap instead, or the free vidcap32.exe.
Datapath are sold through their appointed resellers/distributors only and are the more expensive, but also with the least latency (important when doing live audio with a video closeup of the speaker-on-stage situation). For example, the Datapath VisionRGB E2S is around US$1,500, the VisionAV-SDI around US$1,800, VisionSDI 2 about US$1,700, etc. - Datapath is from the UK so prices may vary depending on where you are. Datapath cards come supplied with driver and their own capture Vision software.