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Multimedia Streaming Applications Fueling Broadcast Automation Software Market Expansion: Pivotal Factor Influencing Broadcast Automation Software Market Growth in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Broadcast Automation Software Market Size Growth Forecast: What to Expect by 2025?
The market size for broadcast automation software has seen exponential growth in the recent past. The projections indicate an increase from $2.13 billion in 2024 to $2.59 billion in 2025, registering a compound annual growth rate (CAGR) of 21.8%. Factors contributing to growth during the historical period include the escalating complexity in broadcast media planning, a surge in the adoption of cloud-based solutions, rising demand for smart devices, an amplified necessity for operational efficiency and cost-saving measures, as well as an increase in demand for personalized content and audience engagement.
How Will the Broadcast Automation Software Market Size Evolve and Grow by 2029?
The market for broadcast automation software is projected to experience significant expansion in the coming years. The market is forecasted to reach a value of $5.18 billion by 2029, with a compound annual growth rate (CAGR) of 18.9%. This predicted growth within the forecast period can be linked to multiple reasons such as the increasing popularity of multimedia streaming applications, the growing need for uninterrupted broadcasting in single channel contexts, rising demand for automation within the broadcasting and entertainment sectors, heightened desire for superior quality content, and amplified investments in broadcasting infrastructure. The forecast period is also predicted to witness major trends such as advancements in technology, the advent of cloud-based broadcasting solutions, the incorporation of AI and machine learning, the development of personalized and interactive content experiences, and a transition towards IP-based and remote production workflows.
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What Drivers Are Propelling the Growth of Broadcast Automation Software Market Forward?
The growth of the broadcast automation software market is anticipated to be fueled by the increasing popularity of multimedia streaming applications. Multimedia streaming, which delivers audio or video content over the internet in a compressed format that allows for immediate playback without needing to download the data to a device's storage, is gaining traction. Factors contributing to this increase include the extensive use of smartphones, tablets, smart TVs, and other connected devices, the accessibility of high-speed internet, and a growing demand for on-demand content. Broadcast automation software simplifies content management on media streaming platforms by handling tasks like content ingestion, transcoding, and delivering to various devices and networks. It also paramount in ensuring flawless broadcasting of multimedia content with automated high-precision broadcast media planning. For instance, according to an April 2023 press release from US streaming company Netflix Inc., the company had amassed 223 million paid subscribers by Q4 of 2022, and this number had climbed to 231 million in the first three months of 2023. This climbing popularity of multimedia streaming applications is thus boosting the broadcast automation software market's growth.
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Which Emerging Trends Are Transforming the Broadcast Automation Software Market in 2025?
Leading corporations in the broadcast automation software market are concentrating on the development of advanced tech solutions like radio automation software to enhance the effectiveness and proficiency of broadcasting. Radio automation software is an innovative tool that transforms the radio broadcasting industry by automating multiple tasks necessary for operating a radio station. For example, in March 2023, Aiir, a US-based IT service management firm offering online services and products for broadcast radio stations, introduced PlayoutONE version 5. This new radio automation software is specially crafted for broadcasters, with a focus on accelerating speed and effectiveness along with making tasks simpler for broadcasters. A noteworthy enhancement to PlayoutONE version 5 is seen in WebVT; a feature that allows broadcasters to air content from anywhere via a web browser. This update offers an elevated broadcasting experience by reducing latency and upgrading audio quality. The PlayoutONE V5 is designed to cater to all broadcasters globally and is offered as a complimentary update to existing users.
What Are the Key Segments in the Broadcast Automation Software Market?
The broadcast automation software market covered in this report is segmented -
1) By Product: Web-Based, Cloud-Based, Hybrid
2) By Solution: Software, Service
3) By Application: Entertainment, Healthcare, Education, Government, Other Applications
Subsegments:
1) By Web-Based: On-Premise Web-Based Solutions, Web-Based Content Management Systems, Web-Based Scheduling Tools
2) By Cloud-Based: Cloud-Based Playout Automation, Cloud-Based Traffic Management Systems, Cloud-Based Media Asset Management (MAM), Cloud-Based Content Distribution Platforms
3) By Hybrid: Hybrid Broadcast Automation Solutions, Hybrid Content Management And Scheduling Systems
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Who Are the Key Players Shaping the Broadcast Automation Software Market's Competitive Landscape?
Major companies operating in the broadcast automation software market are Belden Incorporated, Harmonic Inc., Grass Valley, Avid Technology, Evertz Microsystems, Ross Video, Amagi Corporation, Imagine Communications, Visualization in Real-Time (Vizrt), Snell Limited, Dayang Technology Development Inc., Dalet Digital Media Systems, Bitcentral Inc., Video Stream Networks (VSN), Automated Video Editing (Aveco), Pebble Beach Systems, BroadStream Solutions, ENCO Systems Inc., Cinegy GmbH, Pixel Power Ltd., Florical Systems, PlayBox Technology, OASYS Automated Playout, Orad Hi-Tec Systems
What Geographic Markets Are Powering Growth in the Broadcast Automation Software Market?
North America was the largest region in the broadcast automation software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the broadcast automation software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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