Broadcasting equipment market size to grow by USD 3.51 billion

Broadcasting equipment comprises a set of automated dedicated systems to transmit audio-visual content over TV, radio, and Internet protocol (IP) network. It includes components such as video servers, switches, encoders, transmitters, and others.

The broadcasting equipment market size is expected to grow by USD 3.51 bn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 9.29% during the forecast period, according to Technavio.

Threat of substitutes: The threat of substitutes in the global broadcasting equipment market is low due to the unavailability of direct or indirect substitutes in the market. Broadcasting equipment is generally produced in-house or exported from international markets, which reduces the possibility of rivals substituting the product. Hence, the threat of substitutes was low in 2020 and is expected to remain the same during the forecast period.

Broadcasting equipment market 2021-2025 : Revenue-generating application segments
The TV segment will have a significant market share growth during the forecast period. The growth of this segment is primarily attributed to innovations in TV control techniques, such as the development of ubiquitous screens, which are expected to increase the demand for greater content mobility. For example, Betamax TV sets enable viewers to record TV shows and watch prerecorded movies. The growth momentum is expected to accelerate during the forecast period owing to the emergence of digital broadcasting and an increase in the use of the Internet, which led to a rise in the number of viewers. The transformation from analog to digital transmission is another factor fueling the growth of the TV segment.

Broadcasting equipment market 2021-2025 : Vendor analysis
We provide a detailed analysis of around 25 vendors operating in the broadcasting equipment market, including AvL Technologies, Belden Inc., Cisco Systems Inc., Clyde Broadcast, CommScope Holding Co. Inc., Evertz Technologies Ltd., EVS Broadcast Equipment SA, Harmonic Inc., Sencore, and Telefonaktiebolaget LM Ericsson among others.

Broadcasting equipment market 2021-2025 : Key highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist broadcasting equipment market growth during the next five years
• Estimation of the broadcasting equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the broadcasting equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of broadcasting equipment market vendors

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