According to the
latest report published by Persistence Market Research, titled
“Broadcasting Equipment Market: Asia Pacific Industry Analysis and
Forecast, 2016–2024”, the broadcasting equipment market in APAC
region is expected to be valued at US$ 5,104.8 Mn by 2024.
The broadcasting
equipment market in APAC region was valued at US$ 2487.5 Mn in 2015
and is expected to register a CAGR of 8.1% from 2016 to 2024. The
growth of broadcasting equipment market in APAC region is primarily
driven by convergence of high definition technologies such as 4K with
IP. As per the report, 4K services are expected to be available on IP
networks over the next four to five years via satellite launching and
cable platforms.
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Report @ https://www.persistencemarketresearch.com/samples/11317
The report has
segmented the APAC broadcasting equipment market into traditional TV
broadcast, traditional radio broadcast, IP converged broadcasting and
asset management systems.
Traditional TV
broadcast segment was valued at US$ 1123 Mn in 2015 and is
anticipated to register a CAGR of 8.1% during the forecast period
(2016–2024). The traditional radio broadcast segment was valued at
US$ 544 Mn in 2015 and is anticipated to register a CAGR of 7.5%
during the forecast period. The IP converged broadcasting is
projected to be the fastest growing segment in APAC broadcasting
equipment market, exhibiting a CAGR of 10.0% during the forecast
period.
Traditional TV
broadcast segment accounted for 45.1% share in terms of value of the
total APAC broadcasting equipment market in 2015. Consumption of high
definition content in APAC region is increasing at a rapid pace,
supported by rising sales of HD ready TVs.
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table of content @
https://www.persistencemarketresearch.com/toc/11317
The traditional TV
broadcast equipment market is further segmented into camera,
monitors, routers, switchers, cable, transmitter, receiver and other
accessories. Routers sub-segment is projected to expand at the
highest CAGR of 9.2% during the forecast period. Content creators
across the region are shifting towards 4K cameras in order to capture
high definition video. This is being supported by sales of 4K UHD
television that has gained momentum due to rising disposable income
in the region.
Key players of the
APAC Broadcasting Equipment market include Media Excel Inc.(US),
ChyronHego Corporation (US), TVU Networks Corporation (US), XOR Media
Inc.(US), FOR-A Company (Japan), ORACLE Corporation (US), Unlimi-Tech
Software Inc. (US), Grass Valley (Canada) and General Dynamics
Mediaware (Australia).
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https://www.persistencemarketresearch.com/market-research/asia-pacific-broadcasting-equipment-market.asp
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