Surprisingly, yes. Filming on location and all the logistics that go along with that can balloon the cost real fast, especially for multiple locations. (Site fees, travel, talent costs, additional security, a separate crew unit, etc) CGI allows you to create different locations through green screen, which majorly cuts down on a lot of the scheduling/logistics. Sometimes green screen will be just a window, other times it will be literally the entire set.
If sure there’s a pros and cons list for green screen vs LED wall, but honestly I think it’s just so amazing that LED tech has come as far as it has so quickly!