Market Synopsis:A major shift is observed in the audience, those preferring content delivery systems, such as computer and portable devices, over traditional systems. This is expected to cause the global live IP broadcast equipment market to strike a 17.92% CAGR in the evaluation period (2018 to 2025). MRFR study states that the global market of live IP broadcast equipment is expected to experience a surge in its valuation by the end of the study period. The market was recorded at USD 859.1 million in 2018, which is expected to increase to USD 2,670.1 Million by 2025.
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Segmental Outline
By product, the market segments are transmitter and gap fillers, encoders and convertor, amplifiers, routers & switches, modulators & repeaters, antennas, video servers, signal processing unit, and others. The encoders and convertor segment is expected to attract investment, which, in turn, can generate high revenue for the market. MRFR findings reveal that the segment is likely to hold a grand share of the global market. It is due to the growing need for transferring audio and video from live events or studio to multiple locations, the segment is expected to thrive at a high CAGR. In addition, the rise in the requirement for both decoders and encoders due to growing demand for live streaming and high quality video is expected to boost the market growth. The transmitter and gap filler segment market is likely to expand at a high CAGR across the review period.
By application, the market segments are broadcast stadium, broadcast production centers, and outside broadcast vans. The broadcast production center segment is likely to generate high turnover for the global market. The outside broadcast vans segment can expand at a high CAGR in the forecast period. In the past years, broadcast production centers are observed to adopt automation to streamline production processes. Technological advancements are noted to underpin the expansion of [FURL=https://www.marketresearchfuture.com/reports/live-ip-broadcast-equipment-market-8522]Live IP Broadcast Equipment Market[/FURL] .
Regional Analysis:
The global broadcast equipment market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is leading the global market owing to the presence of major broadcasting companies. The technological advancement of the region is an added advantage to the adoption of the latest equipment, thus, augmenting the broadcast equipment market. The U.S. is anticipated to hold the maximum share of the market due to the presence of satellite manufacturers.
Competitive Dashboard:
Some of the key players profiled in the report are Cisco Systems Inc (U.S.), Evertz Microsystems, Ltd (Canada), Ericsson AB (Sweden), Grass Valley (Canada), Harmonic Inc (U.S.), EVS Broadcast Equipment SA (Belgium), Clyde Broadcast (U.K), Acorde Technologies, S.A (Spain), Sencore (U.S.), AvL Technologies (U.S.), Global Invacom Ltd (Singapore), and ETL Systems Ltd (U.K)
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