Press release
Pro AV Market : New Key Tactics The Pros Use
Pro AV
Market Dynamics
Pro AV is rapidly adopted in the retail industry, as it provides better opportunities to the business. For instance, an interactive touch display, which enables quick order placing and payment option is used in retail industry. These systems are adopted by various food retail chains such as Domino’s, Burger King, and others. The increasing demand for Pro AV products in the retail and food industry is driving the global Pro AV market growth over the forecast period.
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Market Overview
Pro AV refers to an advanced audio-video system integration used for commercial purposes. Pro AV uses various components such as display components, camera, audio components, computer, controller, room scheduler, companion whiteboard, advanced options such as digital signage, and other supporting accessories. All these components connectively help to improve the connectivity and communication between offices of two different locations. Therefore, it is used in various sectors, which include education, government, hospitality/retail, and others.
The global Pro AV market was valued at US$ 246.5 Bn in 2019 and is expected to exhibit a CAGR of 11.2% during the forecast period (2020-2027).
Competitive landscape
Key companies operating in the global Pro AV market include Anixter International Inc., AVI Systems Inc., AVI-SPL Inc., CCS Presentation Systems, Diversified, Ford Audio-Video LLC., New Era Technology, Telerent Leasing Corp., Unified Technology Systems, Vistacom Inc., Biamp Systems, proAV Limited, Professional Audio Visual Ltd., and others.
These key market players are focusing on strategic expansions to meet the increasing consumer demand.
Detailed Segmentation:
Global Pro AV Market, By Type:
Products
Services
Global Pro AV Market, By Distribution Channel:
Direct Sales
Distributor
Global Pro AV Market, By End User:
Home Use
Commercial
Education
Government
Hospitality/Retail
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Coherent Market Insights
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Email: sales@coherentmarketinsights.com
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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