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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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.
“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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Global Broadcast Equipment Market – Industry Trends and Forecast to 2026