The growth of the Media & Entertainment Industry to Reflect on the Expansion of Global Broadcast Equipment Market

Pune, India, February,2019/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Broadcast Equipment Market

Market Synopsis:

AS PER Market Research Future (MRFR)’s analysis, the global broadcast equipment market has been anticipated to register moderate growth during the forecast period 2017 to 2023. Broadcasting facilitates distribution of audio and video content to a dispersed audience. The developments in the media industry are likely to favor the expansion of the market over the next couple of years.

The large-scale market presence of smartphones, portable devices, etc. are anticipated to fuel demand for broadcast equipment in the forthcoming years. In addition, the penetration of internet services is likely to expedite the proliferation of the broadcast equipment market across the projection period.

The growth of the market is expected to be dictated by the developments in video technology. Furthermore, other technological advancements such as software upgrade are expected to propel the expansion of the broadcast equipment market in the forthcoming years.

Market Segmentation:

On the basis of application, the global broadcast equipment market has been segmented into radio, television, direct broadcasting satellite (DBS), cable television, and IPTV.

On the basis of product, the broadcast equipment market has been segmented into dish antenna, amplifier, switches, video servers, encoders, transmitters and repeaters, and modulators.

On the basis of technology, the global broadcast equipment market has been segmented into analog broadcasting and digital broadcasting.Browse Complete Report @ https://www.marketresearchfuture.com/reports/broadcast-equipment-market-5075

Regional Analysis

The global broadcast equipment market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is leading the global market owing to the presence of major broadcasting companies. The technological advancement of the region is an added advantage to the adoption of the latest equipment, thus, augmenting the broadcast equipment market. The U.S. is anticipated to hold the maximum share of the market due to the presence of satellite manufacturers.

Asia Pacific is expected to expand at the highest CAGR over the assessment period owing to the presence of a thriving media & entertainment industry. The growing number of media agencies in fast-developing nations such as China, India, Japan, etc. are prognosticated to lead the growth of the broadcast equipment market in the foreseeable future. Other factors anticipated to favor the expansion of the market are developments in technology, the booming film industry, rising demand for high-quality videos, etc.

Competitive Dashboard:

Some of the key players profiled in the report are Cisco Systems Inc (U.S.), Evertz Microsystems, Ltd (Canada), Ericsson AB (Sweden), Grass Valley (Canada), Harmonic Inc (U.S.), EVS Broadcast Equipment SA (Belgium), Clyde Broadcast (U.K), Acorde Technologies, S.A (Spain), Sencore (U.S.), AvL Technologies (U.S.), Global Invacom Ltd (Singapore), and ETL Systems Ltd (U.K).

Industry News:

In February 2018, the International Cricket Council (ICC) has announced the availability of tender for Production Services and Outside Broadcast Equipment Services.

In January 2019, Harmonic Inc., an American technology company, has announced the deployment of CableOS™ virtualized cable access solution by 1Tennessee, a TV, broadband internet, and telecom cooperative, for DOCSIS 3.0 and 3.1 broadband service delivery.

In December 2018, Harmonic, a technology company based in the U.S., has announced that a leading provider of digital cable TV, broadband, and telephone services, Hilliary Communications, has deployed DOCSIS 3.1 upgrade along with new gigabit data service.

In December 2018, subsidiaries of Japan's national public broadcaster, NHK Media Technology, and NHK Global Media Services have purchased XT-VIA live production servers from Belgium-based EVS Broadcast Equipment SA.

In December 2018, Belgium-based EVS Broadcast Equipment SA has signed a contract with a European facility company for the delivery of the delivery of new XT-Via servers and upgrades. The contract is worth 4.2 Mn EUR.