Broadcast Equipment Market

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MarketsandMarkets Research Private Ltd.
Presents
Broadcast Equipment Market worth 5.82 Billion USD
by 2023
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roadcast-equipment-market-111738599.html
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The report "Broadcast Equipment Market by
Application (Radio and Television), Technology
(Analog and Digital), Products (Dish Antennas,
Amplifiers, Switches, Encoders, Video Servers,
Transmitters, and Modulators) and Geography -
Global Forecast to 2023", The broadcast equipment
market is expected to grow from USD 4.38 Billion
in 2017 to USD 5.82 Billion by 2023, at a CAGR of
4.87 between 2017 and 2023. Browse gtgt
75 Market data tables
40 figures 153 pages and
in-depth TOC on Broadcast Equipment Market
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The rising demand for ultra high definition
(UHD) content production and transmission,
radical shift of products from hardware oriented
to software and open architecture based, and
increasing D2C offerings through OTT services and
multi-channel networks in developed economies are
some of the factors driving the growth of the
market. Increasing use of video servers to store
and play out multiple video streams to drive the
growth of broadcast equipment market The
broadcast equipment market, on the basis of
product, has been segmented into dish antennas,
amplifiers, switchers, encoders, video servers,
transmitters and repeaters, modulators, and
others, The market for video servers is likely to
grow at the highest rate between 2017 and 2023.
The increasing number of broadcasters offering
direct-to-consumer (D2C) propositions through OTT
services, along with traditional distribution
routes, is fueling the growth of the market for
video servers. In broadcasting, servers act as
hosts and are used to deliver various contents or
videos. These servers are used to store and play
out multiple video streams without degrading the
video signals. Broadcast video servers often
store hundreds of hours of compressed audio and
video (in different codecs), play out multiple
and synchronized simultaneous streams of videos,
and also ensure quality interfaces such as SDI
for digital video and XLR for balanced analog
audio, and AES/EBU digital audio.
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Market for digital broadcasting expected to grow
at a high rate between 2017 and 2023 The market
for digital broadcasting is expected to grow at a
high rate between 2017 and 2023. Digital
broadcasting offers several advantages over
analog broadcasting, including choice of
programming and services such as additional
channels, HD offerings, radio data services, and
pay programs. It also allows consumers to avail
better quality content with considerably lesser
signal interference, without compromising on
picture quality. North America expected to hold
the largest market share, while the broadcast
equipment market in APAC likely to witness the
highest growth rate between 2017 and 2023 North
America held the largest share of the broadcast
equipment market in 2016. The increasing number
of cable and satellite television channels and
the rising penetration of the Internet have
provided broadcasters with many choices for their
own creative and political expression. The
growing cultural diversity throughout North
America has also led to the increase in the
number of broadcast channels, which, in turn, has
boosted the demand for broadcast equipment in
this region. Europe is also one of the potential
markets for broadcast equipment. The market in
APAC is expected to grow at the highest rate
between 2017 and 2023. The major players in the
broadcast equipment market include Cisco Systems,
Inc. (US), Ericsson AB (Sweden), Harmonic Inc.
(US), Evertz Microsystems, Ltd. (Canada), and
Grass Valley (Canada).
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