Press release
North America Multi-Viewer Monitoring System Market Size and Growth Opportunities with COVID19 Impact Analysis | Barco, Cinegy LLC, Evertz
The North America multi-viewer monitoring system market is expected to grow from US$ 380.33 million in 2021 to US$ 523.42 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028.The US, Canada, and Mexico are the major economies in North America that have witnessed growth in their industrial sectors, including film & entertainment. The US entertainment industry includes TV subscriptions, movie theatres, live production, and electronic home video production, as well as distribution and consumption. With the rising penetration of digital content and other mentioned entertainment services, the scope of multi-viewer monitors will also rise. In the region, the US is known for adopting technologies at an early phase.
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Escalating over-the-top (OTT) platform will fuel the market growth in coming years. The rising adoption of OTT has considerably assisted the video, music, podcast, and audio streaming categories. The narrow genre selections, packaging flexibility, wider device availability, internet penetration, and overall cheaper costs are all contributing to increased acceptance of OTT. Furthermore, the growing need for personalized content is resulting in increased OTT device adoption rates.
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Major Key players covered in this report:
• Barco
• Cinegy LLC
• Evertz
• Grass Valley Canada
• Lawo AG
• Mividi, Inc.
• RGB Spectrum
• Rohde & Schwarz GmbH & Co.
• Stream Labs
• TAG Video Systems
Market Segmentation
North America Multi-Viewer Monitoring System Market - By Component
Hardware
Software
Services
North America Multi-Viewer Monitoring System Market - By Application
Live Production
Playout
Other Applications
Others
North America Multi-Viewer Monitoring System Market - By End User
Media & Entertainment
Military
Enterprises
Retail
Other End Users
Order a Copy of this North America Multi-Viewer Monitoring System Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00024717
In case of COVID-19, North America is highly affected especially the US. Because of favorable government policies to encourage innovation, the presence of a large industrial base, and high purchasing power, North America is one of the most important regions for adopting and developing new technologies, particularly in developed countries such as the United States and Canada. As a result, any influence on industry growth is projected to have a negative influence on the region's economic growth. Businesses in the region have been significantly impacted by COVID-19 in four key areas: supply chain/operations, personnel, 2020 investments, and product offering.
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