Broadcast Equipment Market Executive Summary, Segmentation, Review, Trends, Opportunities, Growth, Demand and Forecast to 2027
Broadcasting is the widespread
distribution of mass media or files across different regions over a large
audience. This broadcasting is done by electronic methods of mass
communication. This widespread mass communication is generally done through
radio, television or over internet. The factor that tend to drive the growth of
the global Broadcast Equipment
Market includes direct offering to consumers
through OTT services and growing demand for high quality media and
entertainment streaming over internet. The broadcast enterprises use various
data servers for data storage and to store files like audio, video in
compressed form and are extracted at the receiver end. However, the growing demand
for smartphones and high speed broadband is somewhat restraining the growth of
the television and radio broadcasting.
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On the basis of the application, the market is
segmented into radio, television, direct broadcasting satellite (DBS), cable
television and IPTV. On the basis of the product, the market is segmented into
dish antenna, amplifier, switches, video servers, encoders, transmitters and
repeaters, and modulators. On the basis of the technology, the market is
segmented into analog broadcasting and digital broadcasting.
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Key players
Some of the prominent players in the
broadcast equipment market include Cisco Systems Inc (U.S.), Ericsson AB
(Sweden), Evertz Microsystems, Ltd (Canada), Grass Valley (Canada), EVS
Broadcast Equipment SA (Belgium), Harmonic Inc (U.S.), Clyde Broadcast (U.K),
Sencore (U.S.), Acorde Technologies, S.A (Spain), AvL Technologies (U.S.), ETL
Systems Ltd (U.K), Global Invacom Ltd (Singapore) among others.
The key players constantly keep
innovating and investing in research and development for cost-effective product
portfolio. The global broadcast equipment market also includes innovators
implementing and developing new technologies for broadcast.
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