Global Broadcast Equipment Market: Rising Investment in High- speed Broadband Infrastructure Accelerates the Market Growth

Broadcast Equipment Market

Broadcasting is transmitting the same message to various recipients simultaneously. Broadcasting happens in networking when all network devices receive a transmitted data packet. It usually uses an electronic mass communication medium to share audio and video material with the common crowd. Broadcasting equipment includes a number of dedicated automated devices for transmitting audio visual content. Generally, this extensive mass communication takes place via radio, television or the internet. Broadcast monitors, amplifiers and encoders are some of the common broadcast equipment.

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Some of the common factors for the growth of Broadcast Equipment Market are:

  • Increasing investments in high-speed broadband infrastructure: As broadband connectivity technology continues to develop, so do the advantages of connecting. High speed broadband infrastructure is beneficial for both businesses and home because they can improve efficiency and productivity of big, small and domestic enterprises and their ability to compete in local, national and international markets. Broadband helps government agencies improve quality, increase transparency and reduce costs, by making it simpler for people to communicate online with them and improve inner activities. They also help the healthcare provider so they can easily manage their patient via home health devices
  • Direct supply to customers through OTT service: Over the top (OTT) describes to film and TV content which is provided to the viewer via high-speed Internet connection instead of a cable or satellite service provider. They are mainly very cost effective as compared to the traditional methods of delivery. Today, many people are adopting OTT because they usually provide high value content, have compatible with multiple devices and are cost effective. One can access these services via smart TVs, personal computer, mobile devices and digital media players

The global broadcast equipment market is segmented into application as radio and television; technology as analog broadcasting, and digital broadcasting and product as dish antennas, amplifiers, switches, video servers, encoders, transmitters & repeaters, modulators, and others.

Few of the launch and acquisition in Broadcast Equipment Market are:

  • In September 2019, Amagi announced the launch of their new broadcast monitoring facility in New Delhi which has the ability to monitor 1,000 channels with 24×7 support. This new facility is powered with the cloud-based playout monitoring platform, with advanced automation capabilities that are ready for ML. The new monitoring facility of Amagi enables global broadcasters to improve their broadcasting operations across linear TV and OTT
  • In September 2018, Huawei and Hunan Broadcasting System together announced the launch of their new innovative IP-based 4K production and broadcasting solution Media Fabric. The solution is centered on creative clean switch technology which promotes northbound interface and enables the production and development of 4K/8 K ultra-high definition (UHD) video content. The main aim of the launch is to eliminate the development barriers in the television and broadcasting industry

 “According to Data Bridge Market Research, global Broadcast Equipment Market is to register a substantial CAGR of 6.30% in the forecast period of 2019-2026”

Few of the major competitors currently working in the global broadcast equipment market are Cisco Systems Inc., Harmonic, Inc, EVS Broadcast Equipment, Evertz., Clyde Broadcast, Sencore., Eletec Radio Broadcasting Equipment & Transmitters, ACORDE Technologies S.A., AVL Technologies, ETL Systems Ltd, Global Invacom, ARRIS International Limited., Grass Valley Canada., Telefonaktiebolaget LM Ericsson, Tectronics, Silicon Laboratories., General Dynamics Mission Systems, Inc., AnaCom, Inc., Wellav Technologies Ltd., Comtech Telecommunications Corp., Broadcast RF, DATUM SYSTEMS, Newtec among others.

Increasing demand for media files over the internet will enhance the market growth. Increasing market for OTT services in developing country will also positively affect the market. There is increase in the demand for the Ultra–High–Definition (UHD) content production and transmission among the population which will also propel the market growth as well as the shift in the Hardware-oriented products based on software and open architecture. These are some of the factor which is creating new opportunities for this market to grow.

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