Global and Regional Broadcasting Equipment Industry: Revenue, Opportunity, Segment and Key Trends 2019-2023
Broadcasting Equipment Market Research Report By Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Broadcasting Equipment Market The global broadcasting equipment market is expected to expand at 5.6% CAGR during the forecast period 2018–2023. The market for broadcasting equipment spans across North America, Europe, Asia-Pacific, and the rest of the world. North America accounted for the largest market share of 30.6% in 2017, with a market value of USD 1,722.4 million; the market is expected to register a CAGR of 4.2% during the forecast period. Asia-Pacific was the second-largest market in 2017, valued at USD 1,534.8 million; the market is projected to exhibit the highest CAGR of 7.6%. 2 www.marketresearchfuture.com Broadcasting Equipment Market “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Internet of Broadcasting Equipment Market Forecast To 2023” The broadcasting equipment market in the US is expected to grow at a significant rate during the forecast period. The major factors influencing this growth includes the high penetration of the Internet which has led to the reduction in the distribution cost of streaming video content as well as increased the demand for OTT content. These developments contribute to the rapid growth of the broadcasting and related industries. Asia-Pacific has witnessed robust growth due to technological innovation, continuous economic growth, and the rising demand for communication services. Moreover, increasing investments in upgrading network infrastructure and optimization of mobile broadband are helping the broadcasting equipment market to grow at a rapid pace in China. The advent of 8K Super Hi-vision and launch of BS 4K has a significant impact on the broadcasting equipment market in Japan with heavy investments being made for the development of video switchers, slow-motion controls, upconverter to 8K, HEVC encoder, 8K recorders, uncompressed transmitters for fiber optics, and uncompressed transmitters for 120 GHz band. Europe has witnessed fast digital transition due to the setup of specific purpose bodies, such as Digital UK, consisting of government departments, regulatory agencies, broadcasters, network operators, and consumer electronics manufacturers, which allowed for a smooth transition process. 3 www.marketresearchfuture.com Broadcasting Equipment Market Regional Analysis Broadcasting equipment market, by region, has been segmented into Asia-Pacific, North America, Europe, and the rest of the world. Asia-Pacific is expected to be the fastest growing market in the broadcasting equipment market growing at the highest CAGR due to technological innovation, continuous economic growth, and the rising demand for communication services. Japan accounted for the largest market share of in 2017 and is expected to register a high CAGR during the forecast period. However, North America is expected to hold the largest share in the broadcasting equipment market during the assessment period. Some of the factors that are responsible for the market growth include high Internet usage along with the rising demand for paid TV. The continuous development of network infrastructure along with IT services has led to the growing popularity of OTT content platforms such as Netflix, YouTube, and Amazon Prime. Browse Report @ https://www.marketresearchfuture.com/reports/broadcasting-equipment-market-7645 4 www.marketresearchfuture.com Broadcasting Equipment Market Application & Major Players in this Research: Broadcasting Equipment Market Prominent Players: • Cisco Systems Inc. (US), • Evertz Microsystems, Ltd (Canada), • Belden Inc. (US), • Clyde Broadcast (UK), • Eletec Broadcast Telecom SARL (France), • AVL Technologies, Inc. (US), • Global Invacom Group Limited (Singapore), • Euro Media Group (France), • Telefonaktiebolaget LM Ericsson (Sweden), • EVS Broadcast Equipment (Belgium), • Harmonic Inc. (US), Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7645 5 www.marketresearchfuture.com Broadcasting Equipment Market Broadcasting Equipment Market Segmented on the basis of Segment: • By Application: Radio, Television (Terrestrial Television (Analog and Digital), Direct Broadcasting Satellite, CATV, and IPTV) • By Product: Dish Antenna, Amplifier, Switches, Video Servers, Encoders, Transmitters and Repeaters, Modulators, and Others • By Region: North America, Europe, Asia-Pacific, and Rest of the World 6 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. 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