Press release
Broadcast Communication Equipment Market Booming Demand Leading To Exponential CAGR Growth By 2023
The Business Research Company offers "Broadcast Communication Equipment Global Market Report 2020" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The global broadcast communication equipment market was worth $4.79 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 2.62% and reach $5.31 billion by 2023.
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The broadcast communication equipment market consists of sales of broadcast communication equipment and related services. Broadcast communication equipment establishments make radio and television broadcast and wireless communications hardware. Products made by these establishments include transmitting and receiving antennas, cable television equipment, GPS equipment, cellular phones, mobile communications hardware, radio and television studios, and broadcasting hardware.
Security threats such as hacking of GPS tracking application is a major challenge in the broadcast communication equipment market. GPS is a broadcast communication equipment device, used to determine an object`s ground location. Hackers can tamper GPS signals and exploit the vehicles. The signals could possibly be jammed during the transmission. The vulnerability of GPS system will allow a hacker to track thousands of vehicle positions and even switch off the engines.
Broadcast Communication Equipment Market Segmentation:
By Type
1. Transmitting Antennas
2. GPS Equipment
3. Transceivers
4. Satellite Communications Equipment
5. Other
By Application
1. Military
2. Civilian
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Few Points From Table Of Content
1. Executive Summary
2. Broadcast Communication Equipment Market Characteristics
3. Broadcast Communication Equipment Market Size And Growth
4. Broadcast Communication Equipment Market Segmentation
5. Broadcast Communication Equipment Market Regional And Country Analysis
……
25. Broadcast Communication Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Broadcast Communication Equipment Market
27. Broadcast Communication Equipment Market Trends And Strategies
28. Broadcast Communication Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the broadcast communication equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the broadcast communication equipment market are Ericsson AB, Harris Corporation, Motorola Solutions, Lockheed Martin Corporation, The Boeing Company, Raytheon Company, L-3 Communications Corporation, ITT Corporation, and Datapath Inc.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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