Broadcasting Equipment Market Trends

  • Report ID: 27
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Broadcasting Equipment Market Trends

Growth Drivers

  • Rise in the Number of Smart Device Users
  • Growing Investment in High Speed Broadband Architecture

Challenges

  • Stringent Government Regulations of Many Countries Regarding Broadcasting of Sensitive Contents

Broadcasting Equipment Market: Key Insights

On the basis of regional analysis, the broadcasting equipment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in North America region is estimated to garner the largest market share over the forecast period on the back of increasing internet penetration, growing adoption of sophisticated broadcasting technologies and the rise in number of cable channels. Similarly, the market in Europe is also expected to hold a significant market share during the forecast period as a result of emergence of advanced audio/visuals technology and presence of leading market players. Additionally, Asia Pacific’s market is projected to offer significant growth opportunities to the market accounting to the high usage of electronic devices, namely, smartphones and laptops, and the intensifying increase in the number of internet users in the region, especially in China and India. Our analysis shows that China accounts for more than 35% of total internet users in the Asia continentCLICK TO DOWNLOAD SAMPLE

Broadcasting Equipment Market Image

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The broadcasting equipment market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Base Year

2024

Forecast Year

2025-2037

CAGR

5.4%

Base Year Market Size (2024)

USD 5.58 billion

Forecast Year Market Size (2037)

USD 11.06 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 27
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of broadcasting equipment is assessed at USD 5.84 billion.

Broadcasting Equipment Market size was over USD 5.58 billion in 2024 and is anticipated to cross USD 11.06 billion by 2037, witnessing more than 5.4% CAGR during the forecast period i.e., between 2025-2037.

North America industry is poised to hold largest revenue share by 2037, on the back of increasing internet penetration, growing adoption of sophisticated broadcasting technologies and the rise in number of cable channels.

The major players in the market are Cisco Systems, Inc., Harmonic Inc., Sencore, Evertz Technologies Limited and others.
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