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Global Broadcasting Equipment Market: COVID-19 to Leave Positive Impact | $2.84 Billion Incremental Growth During 2020-2024 | TechnavioThe broadcasting equipment market is expected to grow by USD 2.84 billion, progressing at a CAGR of about 8% during the forecast period. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201125005374/en/ Technavio has announced its latest market research report titled Global Broadcasting Equipment Market 2020-2024 (Graphic: Business Wire) Click & Get Free Sample Report in Minutes The transition from analog to digital broadcasting is one of the major factors propelling the market growth. However, factors such as the higher cost of broadcasting equipment might hamper growth. More details: https://www.technavio.com/report/broadcasting-equipment-market-industry-analysis Broadcasting Equipment Market: Application Landscape Based on the application, the market saw maximum growth in the TV segment in 2019. Innovations in TV control techniques such as the development of ubiquitous screens has increased the demand for greater content mobility. This is one of the key factors driving the growth of the segment. Broadcasting Equipment Market: Geographic Landscape By geography, North America is expected to have lucrative growth during the forecast period. About 39% of the market's overall growth is expected to originate from North America. Factors such as the increasing number of cable and satellite television channels, the huge presence of broadcasting companies and satellite manufacturers, and the thriving media and entertainment industry are fostering the growth of the broadcasting equipment market in North America. The US is the key market for broadcasting equipment in North America. Market growth in this region will be slower than the growth of the market in APAC. Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. View market snapshot before purchasing Related Reports on Information Technology Include: Global Communication Relay Market - Global communication relay market is segmented by application (TV and Radio) and geography (North America, APAC, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report Companies Covered:
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Key Topics Covered: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape Geographic Landscape
Vendor Landscape
Vendor Analysis
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201125005374/en/ |