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Video Switcher Market Trends

Report ID: GMI7760
Published Date: Jan 2024
Report Format: PDF

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Video Switcher Market Trends

The growing prominence of USB-C connectivity to offer enhanced versatility and speed is another factor driving the market growth. USB-C connected video switchers boast of an ability to transmit high-quality audio, video, and power in a single cable streamlines setup. For instance, in October 2023, Lightware Visual Engineering introduced the Taurus UCX HC40 by leveraging USB-C connectivity for streamlined 4K video, audio, and control signal transmission alongside power delivery through a single connection.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of video switcher reached USD 5.4 billion in 2023 and is set to expand at 6% CAGR between 2024 and 2032, due to the numerous product launches with cutting-edge advancements, such as features like 4K resolution, multi-format support, and seamless integration by leading companies.

The studio production segment held around 32% market share in 2023, owing to the rising dependency of television and online content creators on advanced switchers to manage multi-camera setups.

North America market revenue was USD 2.1 billion in 2023, attributed to the well-established space of media and entertainment, including television, film, gaming, and online content creation in the region.

Ateme, Blackmagic Design Pty. Ltd., Evertz, Grass Valley Canada, Panasonic Holdings Corporation, Ross Video LTD., and Sony Electronics Inc.