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Broadcast Equipment Market by Application, Technology, Products and Geography - Global Forecast to 2023LONDON, Aug. 22, 2017 /PRNewswire/ -- "Growing D2C offerings through OTT services and multi-channel networks in developed economies contributing to the growth of the broadcast equipment market" The broadcast equipment market is expected to be valued at USD 5.82 billion by 2023, growing at a CAGR of 4.87% between 2017 and 2023. The market growth can be attributed to the radical shift of products from hardware oriented to software and open architecture based; rising demand for ultra–high–definition (UHD) content production and transmission; and increasing D2C offerings through OTT services and multi-channel networks in developed economies. The incapability to broadcast equipment manufacturers to deliver ultra-high-definition (UHD) or 4K streaming and broadcasting services due to limited bandwidth and stringent rules and regulations by Federal Communications Commission are some of the factors restraining the growth of the market. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts. The breakup of the profile of primary participants has been given below: • By Company Type: Tier 1 = 35%, Tier 2 = 40%, and Tier 3 = 35% • By Designation: C-Level Executives = 50%, Directors = 35%, and Others = 15% • By Region: North America = 35%, Europe = 22%, APAC = 30%, and RoW = 13% The prominent players profiled in this report are Cisco Systems, Inc. (US), Ericsson AB (Sweden), Harmonic Inc. (US), Evertz Microsystems, Ltd. (Canada), Grass Valley (Canada), EVS Broadcast Equipment (Belgium), and ACORDE Technologies S.A (Spain). Research Coverage: The report estimates the size and future growth potential of the broadcast equipment market for various segments, including application, technology, product, and geography. In addition, the report comprises industry trends, market dynamics, and competitive analysis of the key players in the market, along with their company profiles, competitive leadership mapping, and recent developments. Key Benefits of Buying the Report: The report would help market leaders/new entrants by providing them with the closest approximations of the revenues generated from the broadcast equipment segments and subsegments . This report would help stakeholders better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. This report also helps the stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. Download the full report: https://www.reportbuyer.com/product/5068471/ View original content:http://www.prnewswire.com/news-releases/broadcast-equipment-market-by-application-technology-products-and-geography---global-forecast-to-2023-300508170.html SOURCE ReportBuyer |