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Broadcast Equipment Market Analysis

  • Report ID: GMI6846
  • Published Date: Oct 2023
  • Report Format: PDF

Broadcast Equipment Market Analysis

Based on the equipment, the broadcast equipment market is segmented into dish antennas, switches, video servers, encoders, and transmitters & repeaters. The encoders segment is expected to register a CAGR of over 7.5% during the forecast period. Encoders are witnessing robust growth owing to the increasing demand for high-definition and ultra-high-definition content, the transition to IP-based broadcasting infrastructure, and the proliferation of online streaming platforms. These factors collectively propel the adoption of encoders, enabling broadcasters to efficiently compress, encode, and transmit video & audio content over digital networks while maintaining superior quality. The high demand for encoders is also attributed to the rising popularity of live events, news coverage, and remote production workflows, necessitating encoding solutions that ensure seamless & reliable content delivery.

 

Broadcast Equipment Market Share, By Technology, 2022

Based on technology, the broadcast equipment market is segmented into analog and digital. The digital segment held a market share of over 70% in 2022 and is expected to experience growth over the forecast period. Digital technology has the capacity to deliver higher-quality content, increased flexibility, and cost-efficiency. Digital systems enable broadcasters to transmit, store, and manipulate audio & video data with unprecedented ease. The transition from analog to digital has opened doors for innovations such as high-definition broadcasting, 4K, and IP-based workflows. Digital technology streamlines content creation and distribution processes, allowing for remote production and cloud-based solutions. In an era of rising content demand and evolving viewer preferences, the adoption of digital technology is vital for broadcasters to stay competitive and meet audience expectations.

 

China Broadcast Equipment Market Size, 2021-2032, (USD Million)

Asia Pacific held a significant broadcast equipment market share of over 34% in 2022. The region is witnessing a surging demand for high-quality content, rapid digitalization, and the emergence of new media platforms. The region's expanding middle class and increased disposable income are fueling the demand for premium entertainment, while investments in 5G technology and infrastructure are facilitating seamless content delivery. Asia Pacific's diverse markets offer immense growth opportunities, prompting broadcasters and content creators to invest in advanced equipment to meet the evolving consumer preferences and regulatory requirements, further propelling market growth.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for broadcast equipment was USD 5.4 billion in 2022 and is estimated to register over 6.5% CAGR from 2023 to 2032 due to the proliferation of direct-to-consumer (D2C) offerings through OTT services

The digital technology segment garnered over 70% share of the broadcast equipment market in 2022 driven by higher assistance to enable broadcasters to transmit, store, and manipulate audio & video data with unprecedented ease

Asia Pacific held over 34% share of the broadcast equipment industry in 2022 driven by the surging demand for high-quality content, rapid digitalization, and the emergence of new media platforms

ACORDE Technologies Inc., AvL Technologies Inc., Cisco Systems Inc., Clyde Broadcast, CommScope, Eletec Broadcast Telecom S.A.R.L., and ETL Systems Ltd. are a few of the prominent broadcast equipment firms

Broadcast Equipment Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 278
  • Countries covered: 23
  • Pages: 200
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