Press release
Asia Pacific Broadcasting Equipment Market In-Depth Analysis and Forecast 2021 - 2031 with a CAGR of 8.2%
As per the report, 4K services are expected to be available on IP networks over the next four to five years via satellite launching and cable platforms.
The report has segmented the APAC broadcasting equipment market into traditional TV broadcast, traditional radio broadcast, IP converged broadcasting and asset management systems.
Traditional TV broadcast segment is anticipated to register a positive CAGR during the forecast period (2021-2031). The traditional radio broadcast segment is anticipated to register a healthy CAGR during the forecast period.
The IP converged broadcasting is projected to be the fastest growing segment in APAC broadcasting equipment market, exhibiting a stellar CAGR during the forecast period.
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Traditional TV broadcast segment accounted for nearly 2/5 share in terms of value of the total APAC broadcasting equipment market in 2021. Consumption of high definition content in APAC region is increasing at a rapid pace, supported by rising sales of HD ready TVs.
The traditional TV broadcast equipment market is further segmented into camera, monitors, routers, switchers, cable, transmitter, receiver and other accessories. Routers sub-segment is projected to expand at the highest CAGR during the forecast period. Content creators across the region are shifting towards 4K cameras in order to capture high definition video.
This is being supported by sales of 4K UHD television that has gained momentum due to rising disposable income in the region.
Key players of the APAC Broadcasting Equipment market include
• Media Excel Inc.
• ChyronHego Corporation
• TVU Networks Corporation
• XOR Media Inc.
• For-A Company Limited
• Oracle Corporation
• Unlimi-Tech Software Inc.
• Grass Valley Canada
• Tedial S.L.
• General Dynamics Mediaware
• BroadStream Solution Inc.
• Pebble Beach Systems Limited
• Enesys Technologies
• Nevion Europe AS
• Bridge Technologies Co AS
• Other
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This report covers trends that are driving each segment and offers analysis and insights regarding the potential of the broadcasting equipment market in APAC regions.
APAC region includes the following countries:
• China
• Japan
• India
• ASEAN
• ANZ
• Rest of APAC
Download TOC, list of figures & tables @ https://www.persistencemarketresearch.com/market-research/asia-pacific-broadcasting-equipment-market/toc
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