Broadcasting Equipment Market : Technological Advancements, Evolving Industry Trends and Insights

According to the latest report published by Persistence Market Research, titled “Broadcasting Equipment Market: Asia Pacific Industry Analysis and Forecast, 2016–2024”, the broadcasting equipment market in APAC region is expected to be valued at US$ 5,104.8 Mn by 2024.

The broadcasting equipment market in APAC region was valued at US$ 2487.5 Mn in 2015 and is expected to register a CAGR of 8.1% from 2016 to 2024. The growth of broadcasting equipment market in APAC region is primarily driven by convergence of high definition technologies such as 4K with IP.

As per the report, 4K services are expected to be available on IP networks over the next four to five years via satellite launching and cable platforms.

Obtain Report Details @

https://www.persistencemarketresearch.com/market-research/asia-pacific-broadcasting-equipment-market.asp

Traditional TV broadcast segment was valued at US$ 1123 Mn in 2015 and is anticipated to register a CAGR of 8.1% during the forecast period (2016–2024). The traditional radio broadcast segment was valued at US$ 544 Mn in 2015 and is anticipated to register a CAGR of 7.5% during the forecast period. The IP converged broadcasting is projected to be the fastest growing segment in APAC broadcasting equipment market, exhibiting a CAGR of 10.0% during the forecast period.

Traditional TV broadcast segment accounted for 45.1% share in terms of value of the total APAC broadcasting equipment market in 2015. Consumption of high definition content in APAC region is increasing at a rapid pace, supported by rising sales of HD ready TVs.

Make an Enquiry @

https://www.persistencemarketresearch.com/samples/11317

The traditional TV broadcast equipment market is further segmented into camera, monitors, routers, switchers, cable, transmitter, receiver and other accessories. Routers sub-segment is projected to expand at the highest CAGR of 9.2% during the forecast period. Content creators across the region are shifting towards 4K cameras in order to capture high definition video. This is being supported by sales of 4K UHD television that has gained momentum due to rising disposable income in the region.

Key players of the APAC Broadcasting Equipment market include Media Excel Inc.(US), ChyronHego Corporation (US), TVU Networks Corporation (US), XOR Media Inc.(US), FOR-A Company (Japan), ORACLE Corporation (US), Unlimi-Tech Software Inc. (US), Grass Valley (Canada) and General Dynamics Mediaware (Australia).

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.

Contact

Persistence Market Research

305 Broadway,7th Floor

New York City, NY 10007

United States

T: +1-646-568-7751

Tollfree: +1 800-961-0353

Website: https://www.persistencemarketresearch.com

Designed by CyFocus.com
Powered by CyFocus.net
%d bloggers like this: