Europe SATCOM Market Size

Europe SATCOM Market Growth Projections and Opportunities

The world of broadcasting has changed a lot because of digital technology and the rise of the internet. Switching from old-fashioned ways of delivering signals to digital methods and the growth of online video platforms have had a big impact on how broadcasting works globally. With these changes, having advanced equipment for broadcasting has become more important than ever. The global market for this equipment is growing because there's a higher demand for making and sending ultra-high definition (UHD) content, a shift from hardware-focused products to software-based and open ones, and more people wanting content through different channels, like over-the-top platforms. Also, the use of 5G for broadcasting is creating opportunities for companies in this market.

This study on the global broadcast equipment market gives detailed information about the trends and dynamics in the industry, how big the market is, the competition between companies, and opportunities for growth. The report divides the broadcast equipment market based on the type of product, its application, and the region or country. The product types include things like encoders, dish antennas, transmitters, and more. The applications of this equipment are in things like direct broadcasting satellite, terrestrial television, and radio. The regions covered in the study are North America, Europe, Asia-Pacific, South America, and the Middle-East and Africa.

Among the different types of products, encoders are the most popular, but the video servers segment is expected to grow the fastest because more broadcasters are offering content directly to consumers through online services. In terms of application, cable TV (CATV) is the biggest contributor to the market, but terrestrial television is expected to grow the fastest from 2018 to 2023. In terms of regions, North America is the leader, but Asia-Pacific is expected to grow the fastest.

The market for broadcasting equipment is really competitive with many companies offering advanced and innovative products. Some of the big players include Cisco Systems Inc., Evertz Microsystems Ltd, Belden Inc., and others. These companies are using different strategies, like improving their products, launching new ones, and forming partnerships, to stay ahead in the global broadcasting equipment market. For example, in 2019, Evertz Microsystems Ltd partnered with Ranovus Inc. to improve their video distribution infrastructure and services.