Press release
Broadcasting Equipment Market is Anticipated to Witness Growth in Revenue up to US$ 15 Bn by 2031
Broadcasting Equipment Market 2021-2031
Demand for broadcasting equipment is expected to top US$ 6.2 Bn in 2021. As per Persistence Market Research analysis, the market will register impressive growth at 9.4% CAGR from 2021 to 2031.
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With growing need for media files over the Internet, there has been a rise in the demand for high-speed connectivity. Increasing investments in high-speed broadband infrastructure is one of the major factors driving market growth. With growing smart city initiatives, there has been a rise in the demand for connected devices, thereby driving demand for broadcasting equipment.
Most commonly used broadcasting products include dish antennas, amplifiers, switches, video servers, encoders, transmitters & repeaters, and modulators, among others. Furthermore, increasing demand for over-the-top (OTT) services in developing countries is further anticipated to drive sales of broadcasting equipment.
Key Players:
The report has profiled some of the Important players prevalent in the global like – ACORDE Technologies S.A., AvL Technologies, Inc., Broadcast RF, Belden Inc., Cisco Systems, Inc., Clyde Broadcast, Harmonic Inc., EVS Broadcast Equipment, Ericsson AB, Evertz Microsystems, Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Broadcasting Equipment.
Key Takeaways from Market Study
North America was the leading market in 2020 in terms of value for broadcasting equipment. Over the coming years, South Asia and Pacific is expected to be a key market for sustainable revenue, with rising demand for broadcasting equipment in the region.
Video servers are expected to offer higher incremental opportunity during the forecast period, as demand for video broadcasting equipment is increasing significantly, owing to rise in demand for different forms of video-based entertainment.
There has been a rise in the demand for broadcasting equipment owing to increasing transitional activities from analog to digital broadcasting.
With growing popularity of digital broadcasting services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.
The market in the U.S. is projected to expand at a CAGR of 8.7% through 2031, and is expected to continue its dominance over the coming years.
China and India are expected to progress at an impressive CAGRs of 9.9% and 12.9%, respectively, through 2031.
“Growing transition from analog to digital broadcasting happens to be one of the major factors responsible for driving market growth,” says a Persistence Market Research analyst.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Broadcasting Equipment Market Manufacturers
Broadcasting Equipment Market Distributors/Traders/Wholesalers
Broadcasting Equipment Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Broadcasting Equipment Market Report:
The Broadcasting Equipment Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Broadcasting Equipment Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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Persistence Market Research
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Call +1-646-568-7751
Call +1 800-961-0353
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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