The broadcast equipment market refers to the tools and technologies used to transmit audio, video, and data to a wide audience. This market’s growth is driven by advancements in broadcasting technologies, the transition from analog to digital broadcasting, and increasing demand for over-the-top (OTT) services. Additionally, the rise of high-definition (HD) and ultra-high-definition (UHD) content is pushing the adoption of advanced broadcasting solutions.
Broadcast Equipment market is projected to reach a valuation of US$ 9.3 billion by the conclusion of the forecast period in 2034. Furthermore, the report anticipates that the market will grow at a compound annual growth rate (CAGR) of 5.1% between 2024 and 2034.
Key players in the broadcast equipment market include:
- AVL Technologies Inc.
- Belden Inc.
- Cisco Systems, Inc.
- Clyde Broadcast Technology Limited
- CommScope
- Eletec Sarl Radio Broadcasting Equipment
- ETL Systems Ltd
- Evertz
- EVS Broadcast Equipment
- Grass Valley Canada
- Harmonic Inc.
- NEC Corporation
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