Broadcast Equipment Market
Broadcast Equipment Market Size And Forecast
Broadcast Equipment Market was valued at USD 4.15 Billion in 2018 and is projected to reach USD 5.3 Billion by 2026, growing at a CAGR of 3.2% from 2019 to 2026.
Global Broadcast Equipment Market Outlook
Increasing investments in high-speed broadband infrastructure and shifting trend from hardware to software-oriented systems are expected to flourish the growth of the global broadcast equipment market. Moreover, the surging preference for UHD content production and transmission and direct supply to customers through OTT services are some other factors support to the growth of the targeted market. However, strict rules and regulations of federal communications commission, rising demand for smartphones, and unable to provide UHD or 4K streaming due to limited bandwidth are likely to hinder the market growth.
Global Broadcast Equipment Market Competitive Landscape
The Global Broadcast Equipment Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Ericsson AB, Eletec Broadcast Telecom S.A.R.L, EVS Broadcast Equipment, Harmonic Inc., Clyde Broadcast, Cisco Systems, Inc., Acorde Technologies S.A, Evertz Microsystems, Ltd., Sencore, and Grass Valley.
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