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Global Professional Monitors Market Research Report 2023

07-24-2023 05:13 PM CET | IT, New Media & Software

Press release from: Valuates Reports

Global Professional Monitors Market Research Report 2023

The global Professional Monitors market was valued at US$ 499.3 million in 2022 and is anticipated to reach US$ 737.3 million by 2029, witnessing a CAGR of 5.6% during the forecast period 2023-2029.

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Professional Monitors Market
Professional monitor is a display device similar to a television set, used to monitor the output of a video-generating device, such as playout from a video server, IRD, video camera, VCR, or DVD player. It may or may not have professional audio monitoring capability. Unlike a television set, a video monitor has no tuner (television) and, as such, is unable independently to tune into an over-the-air broadcast like a television receiver. One common use of video monitors is in television stations, television studios, production trucks and in outside broadcast vehicles, where broadcast engineers use them for confidence checking of analog signal and digital signals throughout the system.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

There are many professional monitors manufactures in the world, Sony occupies 18.8% of the global market share in 2021. While JVC, with a market share of 6.91%, comes the second. Ikegami ranks the third globally, 5.54%. All these three large manufacturers together consist of approximately 31% of the global market.In terms of region, North America is the largest market, with a share about 34%, followed by Europe with a share about 28%.

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