openPR Logo
Press release

Broadcast Equipment Market Growth, Analysis, Latest Trends and Forecast till 2027

09-30-2022 09:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

The global broadcast equipment market was valued at USD 4.9 billion in 2022 and is projected to reach USD 6.3 billion by 2027; it is anticipated to register a CAGR of 4.9% during the forecast period.

By technology, the digital broadcasting segment is projected to hold a higher CAGR of broadcast equipment market during the forecast period

The digital broadcasting segment is expected to grow at a higher CAGR during the forecast period of the broadcast equipment market. Digital broadcasting is the practice of using digital signals rather than analog signals for broadcasting over radio frequency bands. It has gained widespread traction, especially in digital television such as digital terrestrial television and satellite television.

Download PDF Brochure @

By product type, the encoder segment to hold the largest share of the broadcast equipment market in 2021

In 2021, the encoders segment held the largest share of the broadcast equipment market. Encoders are broadly used in digital broadcasting. Increasing demand for UHD content production and transmission has been recognized as one of the key factors that is driving the growth of the. Also, the rising number of digital channels is anticipated to offer major growth opportunities to emerging as well as established broadcast equipment ecosystem players in the near future.

By application, the television segment held a larger share of broadcast equipment market in 2021

The television application segment accounted for the larger share of the broadcast equipment market in 2021 and is expected to grow at a higher rate and dominate the market during the forecast period. The growing demand for IPTV and digital terrestrial broadcasting services, along with the existing terrestrial broadcasting and the increasing satellite broadcasting, has led to the rise in the demand for television broadcasting.
By region, APAC is projected to witness the growth at higher CAGR during the forecast period
The broadcast equipment market in APAC is expected to grow at the highest CAGR during the forecast period. This growth can be mainly attributed to the investments made by multinational and domestic entertainment and media companies across the region.

Inquiry Before Buying @

Cisco Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), CommScope (US), Evertz Microsystems, Ltd (Canada), Harmonic Inc. (US), EVS Broadcast Equipment (Belgium), Grass Valley (Black Dragon Capital) (Canada), Wellav Technologies Ltd (China), Eletec Broadcast Telecom S.A.R.L (France), Clyde Broadcast (UK) are some of the key players in the broadcast equipment market.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Broadcast Equipment Market Growth, Analysis, Latest Trends and Forecast till 2027 here

News-ID: 2754368 • Views: 140

More Releases from MarketsandMarkets

Access Control as a Service Market Growth, Analysis, Latest Trends and Forecast …
The global access control as a service market was valued at USD 0.9 billion in 2021 and is projected to reach USD 2.2 billion by 2027, registering a CAGR of 16.4% during the forecast period. Increase in adoption of ACaaS from businesses at multiple locations use ACaaS for centralized operations and growing number of smart infrastructure drives adoption & deployment of Access Control Services Download PDF Brochure @ Managed services are
Encoder Market to Witness the Highest Growth in Asia Pacific Region
The encoder market is projected to grow from USD 2.7 billion in 2022 to USD 4.3 billion in 2027 at a CAGR of 9.7% from 2022 to 2027. The increasing demand for machine learning and artificial intelligence-based systems and innovative technologies in automotive and UAV industry are factors creating lucrative opportunities for the players in the encoder market. Download PDF Brochure @ The rotary encoder segment is expected to grow
Aircraft Hydraulic Systems Market Set to Grow at the Fastest Rate- Time to Grow …
The aircraft hydraulic systems market is projected to grow from USD 9.8 Billion in 2022 to USD 16.6 Billion by 2027, at a CAGR of 11.3% from 2022 to 2027. The global rise in aircraft deliveries is likely to drive growth in the aircraft hydraulic systems market across many categories. Furthermore, the demand for improved aviation hydraulic systems onboard new aircraft is boosting the adoption of aircraft hydraulic systems, which
With 4.8% CAGR, Airborne ISR Market Growth to Surpass USD 15.6 billion
The airborne ISR market is projected to grow from USD 12.4 Billion in 2022 to USD 15.6 Billion by 2027, at a CAGR of 4.8% from 2022 to 2027. Airborne ISR is an integral part of the defense industry. The deployment of small, reliable, and sophisticated airborne ISR systems in various applications has increased global demand. Advancements in ISR technologies and their manufacturing techniques have reduced these systems' costs. Download PDF

All 5 Releases

More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and