Live IP Broadcast Equipment Market Size, Share, Growth, and Industry Growth by Type (Broadcast Switchers, Switchers and Servers, Infrastructure, and Others) By Application (Broadcast Production Centers, In-Stadium Broadcast, Outside Broadcast Vans, and Others) Regional Forecast By 2031

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Live IP Broadcast Equipment Market Report Overview

The global live IP broadcast equipment market size was USD 1.665 Billion in 2023 & the market is projected to touch USD 8.21 billion by 2032, exhibiting a CAGR of 19.4% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with agricultural pesticides experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.

Live IP broadcast equipment refers distribution of media in a video and audio from television, radio, and other means of telecasting. The broadcast equipment includes signal routing, high-power transmitter, equipment racks, video displays, and monitor & control systems.

Growing need for the equipment in media and entertainment sectors. Potential benefits of the equipment such as affordability and flexibility, which is predicted to drive market progress.  The equipment offers higher quality video contents and reduce latencies. Rapid development in technologies and growing development in media and entertainment sector is predicted to drive market progress. Growing digitalization and increased investment by market players is expected to boost market progress. Other benefits of the application are remote contribution, and live streaming videos. Massive demand for higher quality content such as 4K, 8K, and UHD content in multiple business sector is predicted to fuel market progress. Growing consumer inclination towards high-quality video and audio is projected to expand market progress. The product has other important feature such as better control over high-end system, easier connectivity, and improve access. These advanced features are expected to surge market growth in the upcoming years. On the contrary, limitations in budget and lack of skilled professional are expected to challenge market progress.

COVID-19 Impact: Raw Material Price Fluctuations and Closure of Outdoor Screening Facilities Due to Social Distance Protocols to Hinder Market Growth

Closing of several sector across the globe due to lockdown restrictions. Lower demand for the equipment among population. Shutting of manufacturing units and strict regulations by governments globally to harm market growth. Also, export and import problems coupled travel ban hamper product development. Raw material price fluctuations and closure of outdoor screening facilities due to social distance protocols is predicted to limit market progress. In addition, closure of production of broadcast equipment and lower rate of team members in manufacturing units. These factors to obstruct market progress.  

LATEST TRENDS

"Growth in Media and Entertainment Sector to Fuel Market Progress"

Huge transformation in media and entertainment sector in expected to boost market growth. Increased influenced by government regulations is predicted to drive market progress. Growing need for the advanced technology to check copyright issues is anticipated to fuel market progress. Several investments by market players and huge demand for broadcast equipment such as signal routing, high-power transmitter, equipment racks, video displays, and monitor & control systems. These factors are expected to drive market progress in the upcoming years.

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Live IP Broadcast Equipment Market Segmentation

• By Type

Based on type, the market is divided into broadcast switchers, switchers and servers, infrastructure, and others.

Switchers and servers are expected to be the top part of the segmentation type.

• By Application

Based on the application, the market is divided into broadcast production centers, in-stadium broadcast, outside broadcast vans, and others.

Broadcast production centers are expected to be the top part of application segmentation.

DRIVING FACTORS

"Increased Need for High Quality Display among Population to Surge Market Progress"

Massive demand for higher quality content such as 4K, 8K, and UHD content in multiple business sector is predicted to fuel market progress. Growing consumer inclination towards high-quality video and audio is projected to expand market progress. The product has other important feature such as better control over high-end system, easier connectivity, and improve access. These advanced features are expected to surge market growth in the upcoming years. Further, several production units are automating the production processes for experience high-quality display. Rapid development in electronic and electric sector and high need for user experience. The product is capable to meet customer experience and rise in need for the product among millennials is expected to fuel market growth.

"Potential Benefits of the Broadcast Equipment to Accelerate Market Progress"

Potential benefits of the equipment such as affordability and flexibility, which is predicted to drive market progress.  The equipment offers higher quality video contents and reduce latencies. Rapid development in technologies and growing development in media and entertainment sector is predicted to drive market progress. Growing digitalization and increased investment by market players is expected to boost market progress. Other benefits of the application are remote contribution, and live streaming videos.

RESTRAINING FACTORS

"Lack of Skilled Professional and Limitation in Budget to Challenge Market Progress "

The limitations in budget and lack of skilled professional are expected to challenge market progress.  

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Live IP Broadcast Equipment Market Regional Insights

"Presence of Significant Manufacturer in North America to Drive Market Share "

North America is anticipated to hold significant live IP broadcast equipment market share owing to increased number of broadcast equipment manufacturer. Growing penetration of the internet and growing number of broadcast equipment developer is projected to surge market progress. Further, cultural diversity and increased demand from millennial population is anticipated to propel market progress.  Massive demand for higher quality content such as 4K, 8K, and UHD content in multiple business sector is predicted to fuel market progress. Growing consumer inclination towards high-quality video and audio is projected to expand market progress. The product has other important feature such as better control over high-end system, easier connectivity, and improve access. These advanced features are expected to surge market growth in the upcoming years.

KEY INDUSTRY PLAYERS

"Leading Players Adopt New Strategies to Stay Competitive"

The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

LIST OF TOP LIVE IP BROADCAST EQUIPMENT COMPANIES

• Cisco Systems (U.S.)
• Evertz Microsystems (Canada)
• Belden (U.S.)
• Imagine Communication (U.S.)
• Grass Valley (U.S.)
• Arista Networks (U.S.)
• Ross Video (Canada)
• Harmonic (U.S.)
• Sony (Japan)
• EVS Broadcast Equipment (Belgium)
• Matrox (Canada)
• ETL Systems (U.K.)
• Telos Alliance (U.S.)
• NewTek (Vizrt) (U.S.)
• AJA Video Systems (U.S.)
• TAG Video Systems (Israel)
• LAWO (Germany)
• Ericsson (Sweden)
• Beijing Gefei Technology Co Ltd (China)
• Ikegami Tsushinki (Japan)

REPORT COVERAGE

This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.