Broadcasting Equipment Sector: Growth Drivers and Challenges
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
|
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 |
|
Browse key industry insights with market data tables & charts from the report:
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.