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Pro AV Market Size to Grow by USD 90.51 billion | Increased Use of Digital Signage to Drive Growth | TechnavioNEW YORK, June 8, 2022 /PRNewswire/ -- Pro AV refers to audio-video products and services that are used for various applications. Some of the applications include collaborative conferencing, including video, audio, web, and data conferencing, digital signage, command and control centers, tradeshow exhibitions, presentations, medical communications, virtual events, and corporate events. The Pro AV market size is expected to grow by USD 90.51 bn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 7.31% during the forecast period. Request Latest Sample Report for information on other highlights related to the market Pro AV Market 2021-2025: Scope The Pro AV market report covers the following areas: Subscribe to our "Lite Plan" billed annually at USD 3000 which enables you to download 3 reports a year and view 3 reports every month. Pro AV Market 2021-2025: Driver and Challenge The increased use of digital signage is driving the growth of the Pro AV market. Signages are used by corporates and businesses to display content to be conveyed to the target audiences. The retail industry is witnessing an intensive adoption of digital signage systems to influence the buying behavior of the target audience. Interactive digital signage or touchscreen signage displays have various applications in retail, corporate offices, transportation, exhibition halls, hotels, stadiums, and in several public spaces. The extensive use of digital signage will drive the demand for Pro AV products and services. This, in turn, will drive market growth. The increased emphasis on one-on-one learning will challenge the Pro AV market during the forecast period. One-on-one learning enables students to learn at their own pace. This technique is used by many educational institutes across the world. One-on-one programs are expanding rapidly. Microsoft's Anytime Anywhere learning program and One Laptop per Child program are some examples of one-on-one learning programs. The rising popularity of one-on-one learning programs, along with the increase in popularity of homeschooling, will have a negative impact on the growth of the global pro AV market. Pro AV Market 2021-2025: Vendor Analysis The Pro AV market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. AVI Systems, AVI-SPL LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej and Boyce Manufacturing Co. Ltd., New Era Technology, Solutionz Inc, Telerent Leasing Corp., and Vistacom Inc. are among some of the major market participants. Download an Exclusive Sample Report to learn about the offerings of major vendors Pro AV Market 2021-2025: Segmentation
Pro AV Market 2021-2025: Key Highlights
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Table of Contents: Executive Summary Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research View original content to download multimedia:https://www.prnewswire.com/news-releases/pro-av-market-size-to-grow-by-usd-90-51-billion---increased-use-of-digital-signage-to-drive-growth--technavio-301562926.html SOURCE Technavio |