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Australia Pro AV (Audio-Visual) Market – Industry Trends and Forecast to 2029

FMCG

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Australia Pro AV (Audio-Visual) Market – Industry Trends and Forecast to 2029

  • FMCG
  • Published Report
  • Nov 2022
  • Country Level
  • 350 Pages
  • No of Tables: 19
  • No of Figures: 19

Australia Pro AV (Audio-Visual) Market, By Type (Product and Services), Technology (Cloud Based, Satellite Broadcast, Virtual and Hybrid), Distribution Channel (Distributors, Direct Sales, Specialty Stores, E-Commerce and Others), Application (Corporate, Media & Entertainment, Theaters/Live events, Retail, Education, Healthcare, Hospitality and Others) Industry Trends and Forecast to 2029

Australia Pro AV (Audio-Visual) Market Analysis and Insights

Audio-visual (AV) is an electronic media possessing solution that offers both a sound and visual/video components such as slide-tape presentations, films, television programs, corporate conferencing, church services, and live theatre productions. With the advancement in technology trends such as high-definition display technologies, cloud technologies and others are changing the way professional audio/visual equipment are used to communicate, broadcast, interact, collaborate, and advertise in commercial environments. Professional audio/visual equipment includes components such as displays, cameras, microphones, speakers & sound bars, projectors and others.

Australia Pro AV (Audio-Visual) Market

Australia Pro AV (Audio-Visual) Market

The demand for the Pro AV (Audio-Visual) is been growing and will grow in the future as well. Data Bridge Market Research analyses that the Australia Pro AV (Audio-Visual) market will grow at a CAGR of 7.3% during the forecast period of 2022 to 2029.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

USD 7,759.01 Million

Segments Covered

Type (Product and Services), Technology (Cloud Based, Satellite Broadcast, Virtual and Hybrid), Distribution Channel (Distributors, Direct Sales, Specialty Stores, E-Commerce and Others), Application (Corporate, Media & Entertainment, Theaters/Live events, Retail, Education, Healthcare, Hospitality and Others)

Countries Covered

Australia

Market Players Covered

Roland Corporation, AVI SYSTEMS, Biamp Systems, Avidex Industries, LLC, New Era Technology, Panasonic Connect Co., Ltd., Lenovo, Sennheiser electronic GmbH & Co. KG, Crestron Electronics, Inc., ATEN INTERNATIONAL Co., Ltd., ViewSonic Corporation, Yamaha Corporation, Kramer, IRELEM, HARMAN International, Seiko Epson Corporation

Australia Pro AV (Audio-Visual) Market Dynamics

Drivers

  • Artificial Intelligence In Professional AV Systems

Artificial intelligence in recent times has played a vital role in strengthening and transforming industries around the globe. From governmental bodies, large organizations to small online businesses, artificial intelligence (AI) is being used by multiple entities across the world.

  • Advent Of High Speed Infrastructure and ATSC 3.0 Technologies

High-speed networks provide a suitable medium capable of quickly transferring/delivering information, communications and entertainment. High-speed wired/wireless networks interface can transfer/deliver digital bits at high speed. Making instantaneous delivery of large size content such as full motion video or clips like that seen on broadcast, TV cable and satellite television channels.

  • IoT & Advancement Cloud Systems Aiding Pro AV Services

There has been a progressive shift in the IoT ecosphere in recent years. This ecosphere is served by various standard electronic parts that are the hardware integrated with various software. The importance of utilizing custom pro AV services in the IoT era is an absolute necessity that is driving pro AV services aided by IoT technology. Since IoT enabled devices can connect with the advanced broader network, they are achieving extensive functionality. IoT-enabled devices are widely adopted in various industries such as mass media, broadcast industry, transportation, packaging, healthcare, and others.

Australia Pro AV (Audio-Visual) Market

Opportunities

  • Rise In Demand For Wireless Professional AV Systems

It's amazing when you think about the evolution of the network. It wasn't that long ago that we were frustrated with slow connections, bulky devices and not much, as we move into the age of very fast mobile end wireless connections and BYOD a consumer-grade network will no longer do. We have entered the age a purpose-built digital infrastructures. More specifically, they are digital media infrastructures. Because no matter if you work in an office environment or deployed unit for the military, there is a high probability that' 75% of the traffic on your infrastructure will be media.

Restraints/Challenges

  • Cyber Security & Privacy Threats In Audio Visual Systems

Due to COVID-19, cybercrime and cybersecurity issues increased by 600% in 2020. Flaws in network security is a weakness which a hackers exploit to perform unauthorized actions within a system. According to Purple Sec LLC, in 2018 mobile malware variants for mobile have increased by 54% in 2018 out of which 98% of mobile malware targeted Android devices. 25% of businesses are estimated to have been victims of crypto-jacking, including the media industry.

Covid-19 Impact on Australia Pro AV (Audio-Visual) Market

The COVID-19 has negatively affected the Australia Pro AV (Audio-Visual) market. The supply chain of all the industries have been severely affected, especially the electronic components. Component suppliers are struggling to meet demand, so manufacturers can't build the products in time, which means integrators are facing delays in projects, and end users aren't getting to use the tools they need to move their organizations forward. Most industries are facing production delays due to these reasons. The spike in demand was met by a fall in supply.

Recent Developments

  • In June 2022, Roland Corporation launched the V-160HD Streaming Video Switcher. The key feature offered were multichannel HD video switching products and the first with built-in streaming capabilities.
  • In May 2022, AVI SYSTEMS acquired CIM Audio Visual / CCS Presentation Systems. The main objective behind this acquisition was to further strengthen the company’s audio visual solutions portfolio specifically for education and corporate markets.

Australia Pro AV (Audio-Visual) Market Scope

The running footwear market is segmented on the basis of the type, technology, distribution channel and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Product
  • Services

On the basis of type, Australia Pro AV (Audio-Visual) market is segmented into product and services.

Technology

  • Cloud Based
  • Satellite Broadcast
  • Virtual
  • Hybrid

On the basis of technology, Australia, Pro AV (Audio-Visual) market is segmented into cloud based, satellite broadcast, virtual and hybrid.

Distribution Channel

  • Distributors
  • Direct Sales
  • Specialty Stores
  • E-Commerce
  • Others

On the basis of distribution channel, Australia Pro AV (Audio-Visual) market is segmented into distributors, direct sales, specialty stores, e-commerce and others.

Application

  • Corporate
  • Media & Entertainment
  • Theaters/Live Events
  • Retail
  • Education
  • Healthcare
  • Hospitality
  • Others

Australia Pro AV (Audio-Visual) Market

On the basis of application, Australia Pro AV (Audio-Visual) market is segmented into corporate, media & entertainment, theaters/live events, retail, education, healthcare, hospitality and others.

Australia Pro AV (Audio-Visual) Market Regional Analysis/Insights

The Australia Pro AV (Audio-Visual) market is analysed and market size insights and trends are provided by country, type, technology, distribution channel and application as referenced above.

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and Australia Pro AV (Audio-Visual) Market Share Analysis

The Australia Pro AV (Audio-Visual) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Australia Pro AV (Audio-Visual) market.

Some of the major key players in the Australia Pro AV (Audio-Visual) market are Roland Corporation, AVI SYSTEMS, Biamp Systems, Avidex Industries, LLC, New Era Technology, Panasonic Connect Co., Ltd., Lenovo, Sennheiser electronic GmbH & Co. KG, Crestron Electronics, Inc., ATEN INTERNATIONAL Co., Ltd., ViewSonic Corporation, Yamaha Corporation, Kramer, IRELEM, HARMAN International, Seiko Epson Corporation among others.


SKU-

TABLE 1 VARIOUS PRO AV (AUDIO-VISUAL) REGULATORY STANDARDS ARE LISTED BELOW:

TABLE 2 DATA REQUIREMENT FOR 4K RESOLUTION VIDEO

TABLE 3 CYBER-ATTACKS ON THE MEDIA INDUSTRY

TABLE 4 AUSTRALIA PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 5 AUSTRALIA PRODUCT IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 6 AUSTRALIA DISPLAYS IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 7 AUSTRALIA AV CABLES AND CONNECTORS IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 8 AUSTRALIA SERVICES IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 9 AUSTRALIA PRO AV (AUDIO-VISUAL) MARKET, BY TECHNOLOGY, 2020-2029 (USD MILLION)

TABLE 10 AUSTRALIA PRO AV (AUDIO-VISUAL) MARKET, BY DISTRIBUTION CHANNEL, 2020-2029 (USD MILLION)

TABLE 11 AUSTRALIA PRO AV (AUDIO-VISUAL) MARKET, BY APPLICATION, 2020-2029 (USD MILLION)

TABLE 12 AUSTRALIA CORPORATE IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 13 AUSTRALIA MEDIA & ENTERTAINMENT IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 14 AUSTRALIA THEATERS/LIVE EVENTS IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 15 AUSTRALIA RETAIL IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 16 AUSTRALIA EDUCATION IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 17 AUSTRALIA HEALTHCARE IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 18 AUSTRALIA HOSPITALITY IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

TABLE 19 AUSTRALIA OTHERS IN PRO AV (AUDIO-VISUAL) MARKET, BY TYPE, 2020-2029 (USD MILLION)

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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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The Australia Pro AV (Audio-Visual) Market is anticipated to foresee a 7.3% CAGR outlook by 2029
The market value of the Australia Pro AV (Audio-Visual) Market is to value $7,759.01 Million by 2029
The market segments analyzed in the Australia Pro AV (Audio-Visual) Market are Type, Technology, Distribution Channel, and Application.
The top players in the Australia Pro AV (Audio-Visual) Market are Roland Corporation, AVI SYSTEMS, Biamp Systems, Avidex Industries, LLC, New Era Technology, Panasonic Connect Co., Ltd., Lenovo, Sennheiser electronic GmbH & Co. KG, Crestron Electronics, Inc., ATEN INTERNATIONAL Co., Ltd., ViewSonic Corporation, Yamaha Corporation, Kramer, IRELEM, HARMAN International, Seiko Epson Corporation
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