Broadcast Equipment Market Size, Upcoming Trends, Prominent Players, Revenue, Share and Forecast 2031

Our comprehensive research on the Global Broadcast Equipment Market (2023-2031) provides insights for businesses. It covers trends, investments, tech advancements, and major players. The report uses qualitative and statistical data from 2017-2031, including SWOT, BCG, PESTLE analysis, and visuals. It offers a full market landscape with stakeholder insights, regional outlooks, and financial considerations.

The global broadcast equipment market was US$ 4.6 billion in 2021. The global broadcast equipment market is forecast to grow to US$ 7.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2022 to 2030.

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Factors Influencing the Market

The rising use of smart electronic devices, combined with the increasing employment rate, will contribute to the growth of the global broadcast equipment market. In addition, rising demand for 3D and HD content will offer ample growth opportunities for the global broadcast equipment market.

Growing penetration of the internet and rising interest in web series, movies, and cartoons will upsurge the demand for portable broadcast equipment during the forecast period. Furthermore, the growing range of OTT services will drive the broadcast equipment market forward.

Growing consumer spending on broadcast equipment technology and varying content to attract a wider audience will ultimately benefit the global broadcast equipment market. Furthermore, growing purchasing power will also benefit the global broadcast equipment market.

COVID-19 Impact Analysis

The wake of the pandemic forced enterprises to adopt more efficient and contact-free ways of operation. As a result, the demand for cloud infrastructure raised abruptly. Cloud infrastructure enables users to continue with the remote workflows. Thus, it has been beneficial for the global broadcast equipment market.

Prominent tools for video conferences and live meetings, such as Zoom, have witnessed a sudden increase in user-base. For instance, Microsoft registered an outstanding increase of 500% in Microsoft Teams meetings in China after the wake of the pandemic. Thus, the pandemic has been beneficial for the broadcast equipment market.

Recognizing the potential scope of the technology, suppliers also began promoting their next-generation software solutions more actively in order to gain significant traction. As a result, the market for broadcast equipment grew substantially.

Regional Analysis

The Asia-Pacific broadcast equipment market is forecast to emerge as the largest broadcast equipment market, owing to the presence of densely populated countries such as China and India. The demand for advanced technology is also observed to increase in the region. In addition, the growing penetration of remote working culture among large enterprises will drive the broadcast equipment market forward. Various local vendors are also unveiling new solutions for broadcasting, which will contribute to the market growth. For instance, KKStream, one of the renowned B2B video streaming solution providers, launched its BlendVision modular streaming platform in 2021. Thus, all of these factors will boost the growth of the global broadcast equipment market during the forecast period.

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Competitors in the Market

• Ericsson AB
• Harmonic Inc
• Cisco Systems
• Grass Valley
• Sencore
• ETL Systems Inc.
• Clyde Broadcast
• ARRIS International Inc
• AvL Technologies Inc
• Acorde Technologies S.A.
• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Broadcast Equipment industry experienced notable growth in its workforce. Starting in January, employment within the Broadcast Equipment sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Broadcast Equipment output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sectors production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Broadcast Equipment output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Broadcast Equipment market, remains both its largest producer and consumer. Remarkably, Chinas market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nations GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Broadcast Equipment market.

Market Segmentation

The global broadcast equipment market segmentation focuses on Technology, Product, and Region.

By Technology Outlook

• Analog Broadcasting
• Digital Broadcasting

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By Product Outlook

• Dish Antennas
• Switchers
• Video Servers
• Encoders
• Transmitters and Repeaters
• Other Products

By Regional Outlook

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America

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Table of Contents:

Chapter 1: Introduction to the Global Broadcast Equipment Industry

Chapter 3: Dynamics of the Market

Chapter 4: Profiles of Leading Companies

Chapter 5: Competition in the Global Broadcast Equipment Market among Players

Chapter 6: Market Size across Global Regions

Chapter 7: Application Segments in the Global Market

Chapter 8: Segment Analysis of the Global Broadcast Equipment Industry

Chapter 9: Market Chain, Sourcing Strategies, and Downstream Buyers

Chapter 10: Strategies and Key Policies by Distributors/Suppliers/Traders

Chapter 11: In-depth Analysis of Key Marketing Strategies by Market Vendors

Chapter 12: Evaluation of Market Impact Factors

Chapter 13: Forecasted Global Broadcast Equipment Market Size (2023-2031)

Reasons to Acquire This Report

(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.

(B) The report delivers a comprehensive analysis of global, regional, and country-level Broadcast Equipment market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.

(C) Through meticulous segmentation of the Broadcast Equipment market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.

(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.

(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.

(F) The study facilitates the assessment of Broadcast Equipment business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

? Assisting businesses in gauging the viability of new or existing products or services.

? Facilitating business enterprises in the identification and cultivation of novel market segments.

? Providing a preemptive understanding of consumer demand prior to introducing new products, services, or features.

? Enhancing the overall efficacy of marketing, advertising, and promotional initiatives.

? Analyzing market trends to aid businesses in devising adaptive strategies.

? Guiding businesses in the optimal placement of their products.

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