The market is driven by the surging Prevalence of HD Programming coupled with an emerging transition from analog to digital broadcasting
Date: 25 March 2016
According to recently published Azoth Analytics report “Global Broadcast Equipment Market: Trends, Opportunities and Forecasts (2016-2021
) – (By Value, By Equipment Type – Servers, Encoders, Switchers, Cameras; Equipment Type By Region; Rental Sports Broadcast Equipment Market; Key Players; Strategy, Recommendations)”, Global Broadcast Equipment Market is forecast to grow at a CAGR of approximately 7.00% during 2015 – 2020, on account of the demand for the equipments to add special effects has been propelling the upsurge in the demand for various types of equipments like switchers, cameras, etc. worldwide. In addition, along with surging demand for higher quality video, there has been a subsequent increase in the High Definition satellite broadcast subscribers globally. Moreover, various countries in South America comprising Chile, Columbia and Venezuela long with various CIS countries are anticipated to adopt the digitisation in the coming years, this is anticipated to propel the demand for the broadcast equipments market in the future.
In terms of segmentation, market is categorized on basis of Equipment Type – Servers, Broadcast and DTT Encoders, Switchers and Cameras). APAC is anticipated to witness the highest CAGR growth rate with a CAGR of around 7.76% during 2011-2015.
With the industry witnessing moderate growth rate, it is anticipated that the Broadcast Equipment market will exhibit higher CAGR in the forecast period. “Gradual Transition of various countries towards digitisation coupled with emerging demand for the latest equipments in the sports broadcasting is anticipated to propel flourishing growth in the future”.
The report titled “Global Broadcast Equipment Market: Trends, Opportunities and Forecasts (2016-2021)
– (By Value, By Equipment Type – Servers, Encoders, Switchers, Cameras; Equipment Type By Region; Rental Sports Broadcast Equipment Market; Key Players; Strategy, Recommendations) ” has analysed the potential of Global Broadcast Equipment market and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Broadcast Equipment market.