Global Broadcast Equipment Market to Reach USD 8.1 Billion by 2033, Propelled by the Augmenting Consumption of Digital Content

November 11, 2024 | Electronics and Semiconductors

According to the latest report by IMARC Group, titled “Broadcast Equipment Market Report by Product (Dish Antennas, Switches, Video Servers, Encoders, Transmitters and Repeaters, and Others), Technology (Analog Broadcasting, Digital Broadcasting), Application (Studio Production, Post Production, Sports Production, News Production), and Region 2025-2033”, the global broadcast equipment market reached a value of USD 5.6 Billion in 2024. Broadcast equipment refers to the transmission and reception of visual and audio information by dedicated automated transmit-receiver devices through any form of electronic mass communication. They include cameras, video servers, amplifiers, transmitters, repeaters, dish antennas, encoders, microphones, and modulators, which are used for mass communication through television, radio, or the internet. Therefore, they are widely used in recording studios, radio stations, and other facilities for ensuring high-quality video and audio production and transmission. To expand their consumer base, leading manufacturers in the industry are continually launching advanced wireless broadcast equipment.

Global Broadcast Equipment Market Trends:

The global market is majorly driven by a considerable rise in the consumption of digital content among the masses. This can be attributed to the widespread adoption of laptops and smartphones, along with the rising penetration of high-speed internet. Additionally, the increasing demand for high-quality audio and video content leading to the augmenting production rates of interactive, ultra-high-definition (UHD) and 4K content is resulting in higher product uptake. Besides this, the incorporation of advanced technologies, including artificial intelligence (AI) and the internet of things (IoT) for creative opportunities in content production is fueling the market. The market is further driven by the growing demand for internet protocol (IP)- and cloud-based solutions and over-the-top (OTT) subscriptions. Some of the other factors contributing to the market include rapid digitization, continual product innovations, and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of USD 8.1 Billion by 2033, exhibiting a CAGR of 4.1% during 2025-2033.

Market Summary:

Based on the product, the market has been segmented into dish antennas, switches, video servers, encoders, transmitters and repeaters, and others.
On the basis of the technology, the market has been divided into analog broadcasting and digital broadcasting.
Based on the application, the market has been categorized into studio production, post production, sports production, and news production.
On the geographical front, the market has been segregated into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include AvL Technologies, Belden Inc., Broadcast RF Limited, Clyde Broadcast, ETL Systems Ltd, Evertz, EVS Broadcast Equipment, General Dynamics Corporation, Global Invacom, Grass Valley, Sencore (Wellav Technologies Ltd.), and Telefonaktiebolaget LM Ericsson.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Segment Coverage	Product, Technology, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	AvL Technologies, Belden Inc., Broadcast RF Limited, Clyde Broadcast, ETL Systems Ltd, Evertz, EVS Broadcast Equipment, General Dynamics Corporation, Global Invacom, Grass Valley, Sencore (Wellav Technologies Ltd.) and Telefonaktiebolaget LM Ericsson
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Broadcast Equipment Market to Reach USD 8.1 Billion by 2033, Propelled by the Augmenting Consumption of Digital Content

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