Broadcasting Equipment Market growth analysis in Communications Equipment Industry | Discover Company Insights in Technavio
NEW YORK, July 22, 2021 /PRNewswire/ --
The broadcasting equipment market is set to grow by USD 3.51 billion, progressing at a CAGR of over 9% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Factors such as the transition from analog to digital broadcasting and the increasing demand for UHD content production and transmission will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The broadcasting equipment market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Broadcasting Equipment Market 2021-2025: Segmentation
Broadcasting Equipment Market is segmented as below:
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Broadcasting Equipment Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the broadcasting equipment market in the communications equipment industry include AvL Technologies, Belden Inc., Cisco Systems Inc., Clyde Broadcast, CommScope Holding Co. Inc., Evertz Technologies Ltd., EVS Broadcast Equipment SA, Harmonic Inc., Sencore, and Telefonaktiebolaget LM Ericsson. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
Market trends such as the increasing D2C offerings through OTT services and multi-channel networks in developed economies are likely to emerge as one of the primary drivers of the market. However, the higher cost of broadcasting equipment may threaten the growth of the market.
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Broadcasting Equipment Market 2021-2025: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Application
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