Thanks for your valuable information and reply.
Here I am using 32x32 RGB matrix matrix from Adafruit. I am going to construct large matrix by cascading 8 32x32 RGB matrix in horizontal and 4 32x32 RGB matrix in vertical. So total of 32 matrices. And also I am going to display text with scrolling effect, displaying images and gifs as well.
So I am really confused to choose microcontroller to use. Please help me out with this.