Rise In Media And Video Streaming Fuels Broadcast And Media Technology Market: Transformative Forces Shaping the Broadcast And Media Technology Market Landscape in 2025

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What Will the Broadcast And Media Technology Industry Market Size Be by 2025?
The size of the broadcast and media technology market has seen robust growth in the past few years. It is projected to expand from $55.92 billion in 2024 to $60.1 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%. Factors such as immersive media and virtual reality, digital transformation, the internet revolution, on-demand content, and the use of mobile and portable devices have contributed to growth in the historic period.

What's the Long-Term Growth Forecast for the Broadcast And Media Technology Market Size Through 2029?
The market size for broadcast and media technology is projected to undergo a significant expansion in the upcoming years, reaching a valuation of $96.96 billion by 2029. This represents a compound annual growth rate (CAGR) of 12.7%. Factors contributing to growth during the forecast period include the increasing use of remote production and collaboration tools, changes to regulation and standards, the employment of hybrid broadcast-broadband services, cloud-based solutions, the emergence of artificial intelligence and machine learning, and the monetization and advertizing of content. Anticipated trends during the forecast period encompass the dominance of streaming, live content and interactivity, personalization and the use of AI, immersive experiences, and remote workflows.

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What Are the Key Growth Drivers Fueling the Broadcast And Media Technology Market Expansion?
The surge in the availability of media and streaming services is driving the growth of the broadcast and media technology market. Streaming media, which pertains to the transmission of multimedia data (like video or audio) from a content provider to an end user, relies on HTTP, TCP/IP, and HTML protocols to distribute audio-visual content. For instance, a survey carried out in April 2022 by Nielsen Holdings Inc., a renowned market measurement and information firm based in the US, revealed that from February 2021 to February 2022, there was a substantial 18% increment in the average weekly time Americans spent watching videos. This led to a rise in total streaming minutes from 143.2 billion to approximately 169.4 billion. In the past years, there has been noticeable growth in the number of services that consumers are willing to sign up for and pay. This augmented consumption of media and video content streaming is set to propel the broadcast and media technology market upwards.

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What Are the Key Trends Driving Broadcast And Media Technology Market Growth?
The growth of technology reflects key trends that are emerging in the broadcast and technology domain. Firms in the broadcast and media tech sector are honing in on product innovation to meet the needs of the industry and fortify their global market penetration. As an illustration, Quantum Corporation, a US firm dealing with data storage and management, unveiled the Unified Surveillance Platform (USP) in March 2022. This robust, flexible, and secure platform is designed for video surveillance data documentation and retention. Along with this software platform, Quantum also introduced a novel series of smart network video recording servers (NVRs). These Smart NVRs, when combined with the Quantum Unified Surveillance Platform software, become an advanced, integrated machine for security video capture and playback. The Quantum USP software merges the server's computational, storage, and networking features into a single unified and scalable system, thereby streamlining video recording infrastructure and minimizing the overall ownership cost. Quantum's USP is based on software technologies previously acquired from EnCloudEn, which Quantum has subsequently refined and upgraded to meet the distinctive needs of the video surveillance sector.

How Is the Broadcast And Media Technology Market Segmented?
The broadcast and media technologymarket covered in this report is segmented -

1) By Solution Type: Web Content Management, Content Storage Solutions, Editorial And Print Workflow, Media OR Digital Asset Management, Revenue Management, Ad And Data Management, User management
2) By Hosting Model Type: Integrated, Standalone
3) By End User Type: Broadcasters, Distributors, OTT, IPTV

Subsegments:
1) By Web Content Management: Content Creation And Editing Tools, Content Delivery And Distribution, Analytics And Reporting Tools
2) By Content Storage Solutions: Cloud Storage, On-Premises Storage, Archiving Solutions
3) By Editorial And Print Workflow: Workflow Management Systems, Collaboration Tools, Proofing And Approval Solutions
4) By Media Or Digital Asset Management: Asset Organization And Cataloging, Metadata Management, Rights And Usage Management
5) By Revenue Management: Pricing And Billing Solutions, Subscription Management, Revenue Analytics
6) By Ad And Data Management: Ad Serving Solutions, Audience Analytics And Insights, Programmatic Advertising Platforms
7) By User Management: User Access And Permissions Management, Authentication And Security Solutions, User Engagement Tools

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Which Companies Are Leading the Charge in Broadcast And Media Technology Market Innovation?
Major companies operating in the broadcast and media technology market include Evertz Microsystems Limited, International Business Machines Corporation, Quantum Corporation, Rohde & Schwarz GmbH & Co. KG, Dell Technologies Inc., Amagi Media Labs Private Limited, Zoomph Inc., PHYTunes Inc., Focal Point VR Ltd, Arqiva Limited, Vislink Technologies Inc., C360 Technologies Inc., Brompton Technology Limited, Grass Valley USA LLC, AVI Systems Inc., Video Stream Networks S. L., WideOrbit Inc., Harmonic Inc., Eletec Broadcast Telecom S. A. R. L., Clyde Broadcast Technology Limited, Sencore Inc., EVS Broadcast Equipment SA, ACORDE Technologies S. A., Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, CommScope Holding Company Inc., Avid Technology Inc., Blackmagic Design Pty. Ltd., Chyron Corporation, Dalet Digital Media Systems S. A., Dolby Laboratories Inc., Imagine Communications Corp., Ross Video Limited, Snell Advanced Media Limited, Sony Corporation, Vizrt Group AS, Xilinx Inc.

Which Regions Are Leading the Global Broadcast And Media Technology Market in Revenue?
North America was the largest region in the broadcast and media technology market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the broadcast and media technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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