Global Broadcast Equipment Market Anticipated To Grow And Reach Around USD 9.73 Billion During 2024 – 2032

According to Zion Market Research, the global broadcast equipment market is expected to attain USD 9.73 Billion by the end of 2032, developing at a CAGR of over 6.78% during the forecasted period 2024 – 2032. Broadcast equipment includes a set of automated dedicated systems to broadcast audiovisual content on radio, TV, and IP network. The broadcasting medium has changed to a dynamic and content-driven from simple stationary static display imagery. In addition, the larger sections of the viewing viewers have moved toward nonconventional content delivery systems that consist of computers and portable devices like smartphones & tablets. The broadcasting equipment comprises of video encoders, broadcast monitors, and amplifiers. The broadcast monitors are no more just display devices; they have transformed into a vital part of the production chain.

Some of the key players in the market are Cisco Systems, Inc.; Ericsson AB; Evertz Microsystems, Ltd.; Acorde Technologies S.A; Clyde Broadcast; Global Invacom Group Limited; Harmonic Inc.; Grass Valley; Arris International PLC.; EVS Broadcast Equipment; Eletec Broadcast Telecom S.A.R.L.; Sencore; ETL Systems Ltd.; AVL Technologies, Inc.; and Broadcast RF. These contenders are investing in research & development activities to integrate novel technologies and compression methods in their systems and to build up new products to surge their market share in the global broadcast equipment market.

Shift To Software & Open Architecture Based Systems To Boost The Global Broadcast Equipment Market

The main drivers stimulating the global broadcast equipment market comprise of the rapid increase in the demand for UHD (Ultra High Definition) content production and its efficient transmission, and a major shift from hardware-oriented systems toward software & open architecture-based systems. Furthermore, the augment in demand for D2C (direct to consumer) services through OTT and multi-channel networks in emerged economies is likely to aid boost the global broadcast equipment market. Speculations in high-speed broadband infrastructure persist to augment globally, which is further fueling the market. With the development in digitization, a surge in IT spending, and expanding IT infrastructure, budding economies are lucrative markets for different broadcast equipment suppliers, particularly for OTT (over-the-top) services.

The global broadcast equipment market is bifurcated on the basis of application, technology, product, and regional analysis. Based on the application, the market is divided into radio and television. Based on technology, the market is divided into digital broadcasting and analog broadcasting. Based on the product, the market is divided into amplifiers, dish antennas, video servers, switches, modulators, transmitters & repeaters, encoders, and others.

North America & Asia Pacific Region Expected To Dominate The Global Broadcast Equipment Market

Based on geographical analysis, the global broadcast equipment market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region is projected to rule the global market owing to the large emergence of broadcasting companies situated in countries such as Canada and the U.S. Also, the U.S. market has a robust hold over the broadcast equipment market due to the presence of satellite makers and a wide media & entertainment industry. The market across the Asia Pacific is also expected to develop at a fast rate owing to the affluent presence of electronic component manufacturing projects that are regularly advancing the technologies in the space of broadcast media.

Browse the full “Broadcast Equipment Market - By Application (Radio and Television), By Technology (Digital Broadcasting and Analog Broadcasting), By Product (Amplifiers, Dish Antennas, Video Servers, Switches, Modulators, Transmitters & Repeaters, Encoders, and Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/broadcast-equipment-market

The global broadcast equipment market is segmented as follows:

By application:

• Television
• Radio

By technology:

• Digital Broadcasting
• Analog Broadcasting

By product:

• Amplifiers
• Dish Antennas
• Video Servers
• Switches
• Encoders
• Transmitters & Repeaters
• Modulators
• Others

By region:

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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