Broadcasting is becoming extremely popular as this being used widely specified in the media industry. Upon this, Market Research Future issues and study which reveals that the global broadcasting equipment market is touting to reach a stable position during the forecast period 2017-2023. The study also focuses on key drivers, segmental analysis and regional outlook to understand better about the future of the market and its growth pattern.
The Covid-19 Impact on Broadcast Equipment Market is enduring an exacting period with its robust growth coming to an abrupt halt in light of the COVID-19 pandemic. MRFR report on the Covid-19 Impact on Broadcast Equipment Market highlights the future prediction and the growth alternatives that can be created.
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Key Market Trends
The widespread mass communication has been one of the key factors behind the growth of the global equipment market as it includes radio, television, or over the internet mediums, through which media can be broadcasted efficiently and effectively. As the broadcast equipment includes various electronic components like repeaters, encoders, transmitters, and many more, these are more being in demand for more media studies and practice.
The other eminent factor that drives the growth of the Covid-19 Impact on Broadcast Equipment Market direct towards a direct offering to consumers through OTT services as well as rising demand for media files rather than the internet. The evolving need for technologically advanced broadcast equipment is also contributing to the market’s share for the growth.
The study also focuses on the fact that as, today, the broadcast companies are using servers for data storage and storing files such as audio, video in compressed form and are extracted at the receiver end; this is, in a way boosting the market to expand.
On the flip side, the factor of the growing demand for smartphones and the high-speed broadband medium is notable for restraining the growth of Television and radio broadcasting.
By the segmental analysis in the global Covid-19 Impact on Broadcast Equipment Market, the study has been conducted by the elements of application, product, and technology.
In terms of application: Radio, direct broadcasting satellite (DBS), television, cable television, and IPTV are the segments.
In terms of the product: Dish antenna, switches, amplifier, video servers, transmitters and repeaters, encoders, and modulators are the segments.
In terms of technology: Analog broadcasting and digital broadcasting are the segments.
Key Market Players
The protruding players in the Covid-19 Impact on Broadcast Equipment Market are listed as Ericsson AB (Sweden), ETL Systems Ltd (U.K), Evertz Microsystems, Ltd (Canada), AvL Technologies (U.S.), Cisco Systems Inc (U.S.), Harmonic Inc (U.S.), EVS Broadcast Equipment SA (Belgium), Grass Valley (Canada), Sencore (U.S.), Clyde Broadcast (U.K), Global Invacom Ltd (Singapore) and Acorde Technologies, S.A (Spain).
These vital players are constantly keeping active in the market by innovating and investing in research and development for a cost-effective product portfolio. The Covid-19 Impact on Broadcast Equipment Market also shares a space with innovators who also keeps implementing and developing new technologies for broadcast equipment.
Geographically, the global Covid-19 Impact on Broadcast Equipment Market has been studied among the key regions of Europe, Asia Pacific, North America, and the rest of the world.
Among these regions, North America can be the leader of the Covid-19 Impact on Broadcast Equipment Market owing to the presence of large broadcasting companies that are primarily located in countries like the U.S. and Canada. With this, the U.S. market has a flexible hold over the Covid-19 Impact on Broadcast Equipment Market with the incidence of satellite manufacturers and an extensive media and entertainment industry, which is influencing the global market for broadcast equipment.
Whereas, the Asia Pacific region, on the other hand, might also inflate at a fast rate owing to the vibrant presence of electronic component manufacturing enterprises that are continually developing technologies in the world of broadcast media. The countries such as China, India, and Japan have a budding presence in the media and entertainment industry with the expanding film industry. Along with this, the increasing demand for consumers for high-quality videos and audio over television and radio is yet another driving factor for the growth of the market in the Asia Pacific region.
LIST OF TABLES
Table1 World Population By Major Regions (2017 To 2030)
Table2 Global Covid-19 Impact on Broadcast Equipment Market: By Region, 2017-2023
Table3 North America Covid-19 Impact on Broadcast Equipment Market: By Country, 2017-2023
Table4 Europe Covid-19 Impact on Broadcast Equipment Market: By Country, 2017-2023
Table5 Asia-Pacific Covid-19 Impact on Broadcast Equipment Market: By Country, 2017-2023
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LIST OF FIGURES
FIGURE 1 Global Covid-19 Impact on Broadcast Equipment Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Covid-19 Impact on Broadcast Equipment Market
FIGURE 4 Value Chain Of Global Covid-19 Impact on Broadcast Equipment Market
FIGURE 5 Share Of Global Covid-19 Impact on Broadcast Equipment Market In 2017, By Country (In %)
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