Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc. and General Dynamics Mission Systems, Inc. are Dominating the Global Broadcast Equipment Market in 2022

Global Broadcast Equipment Market is expected to grow with the CAGR of 6.2% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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Global broadcast equipment market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global broadcast equipment market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In November 2021, General Dynamics Mission Systems, Inc. launched an advanced Ku-band variant of the SATCOM-on-the-Move (SOTM) Model 17-27A antenna. The main objective of this launch was to offer a secure medium for the transmission of data such as voice, video, and data satellite communications (SATCOM) to its operators. Through this company will expand its market and global presence.

Telefonaktiebolaget LM Ericsson is the dominating player in global broadcast equipment market. The other key players existing in the market Cisco Systems, Inc., Harmonic, Inc., CommScope Holding Company, Inc., Grass Valley Canada, Global Invacom, Evertz, General Dynamics Mission Systems, Inc., Sencore, AvL Technologies, EVS Broadcast Equipment, Belden Inc., Elma Electronic., Broadcast Electronics, OMB, Wellav Technologies Ltd., ACORDE Technologies S.A., Eletec Radio Broadcast Equipment & Transmitters., ETL Systems Ltd, Clyde Broadcast Technology Ltd and others.

Broadcast Equipment Market Telefonaktiebolaget LM Ericsson

Telefonaktiebolaget LM Ericsson was founded in the year 1876 and is headquartered in Stockholm, Sweden. The company is engaged into manufacturing of networking and telecommunications products for consumers. The company operates in various business segments such as Networks, digital services, managed services and emerging business & other out of which networks is the market focused category The company has several product categories including broadcasters, telcos, sports, live events, aggregators, cable & sat, OTT Platforms, content creators, rights owners of which broadcasters, telcos, sports, live events, cable & sat, OTT platforms, content creators is the market focused category.

For instance,

  • In July 2021, Telefonaktiebolaget LM Ericsson launched musica per roma foundation over the OTT platform through its subsidiary Red Bee Media Ltd. The main objective of this agreement was to broadcast and stream all the cultural events over the OTT platform. This helped the company grow its reputation and increase its consumer base across the globe.

The company has wide presence across Americas, Europe, Middle East and Africa, Asia-Pacific. The subsidiaries of the company are Ericsson Nikola Tesla, (Croatia), Kathrein, (Germany), Cradlepoint, (U.S.), Red Bee Media, (U.K), Envivio, (U.S.) among others.

Cisco Systems, Inc.

Cisco Systems, Inc. was founded in the year 1984 and is headquartered in California, U.S. The company is engaged into networking hardware, software, telecommunications equipment and other high-technology services and products for its consumers. The company has several product categories including networking, software, internet of things (IoT), Mobility and wireless, security, collaboration, data center, cloud and computing, videos, services (CX), analytics, software among others of which videos is the focused category.

For instance,

  • In November 2021, Cisco Systems, Inc. acquired replex GmbH. The key feature of this acquisition was to observe enterprise-scale and cloud-native environments capabilities. This helped the company to strengthen the foundation of the AppDynamics platform. Through, this company enhanced its reputation among its consumer.

The company has presence in Americas, Europe, Middle East and Africa, Asia-Pacific. The subsidiaries of the company are Webex by Cisco, (U.S.), ThousandEyes, (U.S.), OpenDNS, (U.S.), Cisco Meraki, (U.S.), Cisco Systems Canada Co/Les Systems Cisco Canada Cie, (Canada) among others.

General Dynamics Mission Systems, Inc.

General Dynamics Mission Systems, Inc. was founded in the year 1952 and is headquartered in Virginia, U.S. The company is engaged into offering secure communication, information systems and technology for consumers. The product categories of the company include land, sea, air, space, cyber out of which land, sea, air, space is focused product category.

For instance,

  • In November 2021, General Dynamics Mission Systems, Inc. launched an advanced Ku-band variant of the SATCOM-on-the-Move (SOTM) Model 17-27A antenna. The main objective of this launch was to offer a secure medium for the transmission of data such as voice, video, and data satellite communications (SATCOM) to its operators. Through this company will expand its market and global presence.

The company has presence across North America, Europe, Middle East, Asia-Pacific