Broadcasting Equipment Market
Demand for broadcasting equipment is expected to top US$ 6.2 Bn in 2021. As per Persistence Market Research analysis, the market will register impressive growth at 9.4% CAGR from 2021 to 2031. With growing need for media files over the Internet, there has been a rise in the demand for high-speed connectivity. Increasing investments in high-speed broadband infrastructure is one of the major factors driving market growth. With growing smart city initiatives, there has been a rise in the demand for connected devices, thereby driving demand for broadcasting equipment. Most commonly used broadcasting products include dish antennas, amplifiers, switches, video servers, encoders, transmitters & repeaters, and modulators, among others. Furthermore, increasing demand for over-the-top (OTT) services in developing countries is further anticipated to drive sales of broadcasting equipment.
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Key Takeaways from Market Study
· North America was the leading market in 2020 in terms of value for broadcasting equipment. Over the coming years, South Asia and Pacific is expected to be a key market for sustainable revenue, with rising demand for broadcasting equipment in the region.
· Video servers are expected to offer higher incremental opportunity during the forecast period, as demand for video broadcasting equipment is increasing significantly, owing to rise in demand for different forms of video-based entertainment.
· There has been a rise in the demand for broadcasting equipment owing to increasing transitional activities from analog to digital broadcasting.
· With growing popularity of digital broadcasting services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.
· The market in the U.S. is projected to expand at a CAGR of 8.7% through 2031, and is expected to continue its dominance over the coming years.
· China and India are expected to progress at an impressive CAGRs of 9.9% and 12.9%, respectively, through 2031.
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Persistence Market Research puts forward an unbiased analysis of the global Broadcasting equipment market, providing historical demand data (2016-2020) and forecast statistics for the period 2021-2031.
To understand the opportunities in this space, the market is segmented on the basis of product (dish antennas, amplifiers, switches, video servers, encoders, transmitters & repeaters, modulators, and others), technology (analog broadcasting and digital broadcasting), and application (radio and television), across six major regions of the world.
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The global broadcasting equipment market is expected to exhibit a strong 6% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR).
The widespread popularity of television and radio has been the major driver for the broadcast equipment market.
Since their invention in the 20th century, both media of television and radio have grown enormously to cover the world.
Growing coverage of television and radio in developing regions has been a major driver for the global broadcast equipment market.Innovation in broadcast equipment is also likely to remain a major driver for the global broadcasting equipment market over the forecast period.
Competitive Leaderboard:Leading players in the global broadcasting equipment market include Global Invacom Ltd., ETL Systems Ltd., AvL Technologies, Acorde Technologies SA, Sencore, Clyde Broadcast, Harmonic Inc., EVS Broadcast Equipment SA, Grass Valley, Evertz Microsystems Ltd., Ericsson AB, and Cisco Systems Inc. Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7645Segmentation:The global broadcasting equipment market is segmented on the basis of application, product, technology, and region.
By application, the global broadcasting equipment market is segmented into radio, television, direct broadcasting satellite (DBS), cable television, and IPTV.
The global "Analog To Digital Converter Market" report is an information bank that delivers comprehensive information about the market ranging from the establishment to the predictable growth trend.
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JULY 20, 2020: The U.S.
Influenza Diagnostics market size is expected to reach USD 166.0 million by the year 2026 growing at a CAGR of 5.4% according to a new report by Grand View Research, Inc. Key drivers of the market include rising disease prevalence, increase in geriatric population and high-risk population for influenza such as children, pregnant women and immunosuppressed patients suffering from various chronic diseases.The rise in the prevalence of the flu in the U.S. is expected to boost market growth.
Data from CDC indicates that flu incidence was relatively low in the months of October 2018 and November 2018, however, rise in the number of cases was witnessed in December 2018 and remained high until February 2019.
These facts are indicative of the rising prevalence of the flu, necessitating increasing demand for diagnostic products.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/us-influenza-diagnostics-market/request-sampleAdditionally, individuals with a high risk of contracting the influenza virus consist of children, pregnant women, immunosuppressed patients suffering from chronic diseases and healthcare workers.
In addition, key participants are engaged in various inorganic and organic strategic developments to expand their existing product portfolios and geographic expansion.
This assay facilitates rapid detection of influenza B & A antigens by nasopharyngeal and nasal swab from patients.Hospitals held the largest market share in 2018 due to the rise in prevalence of flu.
