Broadcast Equipment Market to Reach US$ 6.1 Billion by 2027

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Market Research Report EXCLUSIVE EDITION
Global Broadcast Equipment Market Report
Opportunities, and Forecast By 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
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Broadcast Equipment Market
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Broadcast Equipment Market Share 2022 COVID-19
Impact and Regional Outlook 2030
Broadcast Equipment Market by Technology (Analog
Broadcasting and Digital Broadcasting), by
Product (Dish Antennas, Switchers, Video Servers,
Encoders, Transmitters and Repeaters, and Other
Products), by Region Global Share and Forecast
to 2027 Description The global broadcast
equipment market was valued at USD 4.4 billion in
2020. It is expected to reach a value of USD 6.1
billion by 2027, registering a CAGR of 5.6
during 2021-2027. With consumers' shift from
television to digital media, staying relevant in
broadcast media is challenging but necessary for
long-term viability. Broadcast television is
evolving significantly, and there is a
requirement to transform to avoid becoming
irrelevant.
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The advancement in technology has further driven
broadcasters to provide UHD output to their
premium users, fueling the market growth. In
addition, the increase in the number of digital
channels and the growing adoption of advanced
broadcasting equipment, with 8K video quality in
sports coverage and 4K quality in news coverage,
provide impetus to market growth. The large
investments in hardware solutions and digital
platforms across multiple countries have also
propelled the market. Satellite dish providers,
such as DISH and DIRECTV, are taking initiatives
and making investments to provide up to 4K
quality and increase the number of subscribers.
This is driving the growth in the demand for
advanced broadcasting equipment. Broadcasters are
increasingly focused on product innovation to
replace traditional SDI-based settings with live
production solutions that provide great
efficiency and control. Similarly, the growing
popularity of high-efficiency video coding
standards propels the demand for equipment, such
as encoders, in the market. Furthermore, the
introduction of multi-channel video encoders has
allowed users to generate multiple different
streams, resulting in reduced hardware. Request
Sample Copy of this Report https//www.marketstat
sville.com/request- sample/broadcast-equipment-ma
rket
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COVID-19 Impact on the Global Broadcast
Equipment The market is well-positioned to gain
from an economic recovery and the industry's
transformation to IP and Cloud-based solutions,
according to COVID-19. The business has reached
a point where most broadcast and media companies
have adopted new habits and ways of working.
Cloud infrastructure is expected to allow remote
workflows and decrease reliance on on-premises
systems in the future. The virus's impact on
demand will be worse for hardware makers,
experiencing supply chain disruptions due to the
epidemic and relying on trade exhibitions to
generate sales. Suppliers are promoting their
next-generation software solutions more actively
to compensate for the reduction in older
offerings as the industry transitions to
as-a-service models. Conferencing tools like Zoom
popped up globally, allowing users to conduct
virtual business meetings effectively. For
example, Microsoft saw a 500 increase in
Microsoft Teams meetings in China after the
outbreak. The coronavirus pandemic has forced
broadcasters around the globe to rethink their
approach to producing and delivering content -
resulting in changes to technology stacks,
staffing, and facilities.
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Global Broadcast Equipment Market
Dynamics Drivers Growing Demand for Encoders due
to support for multiple formats A video encoder
primarily converts the analog or digital video
format to another suitable digital video format
delivered to a decoder. For television broadcast,
video encoders typically input SDI as an
uncompressed digital video signal into an H.264
or HEVC. The video encoders designed for ISR and
IPTV majorly accept analog composite video, SDI,
or ethernet along with the application- specific
metadata for transporting onto different formats
of viewing or storage devices over a wireless or
IP-based network for viewing via computer
monitors or for capture by a storage device.
These hardware encoders have been the dedicated
processors that use a designed algorithm to
encode video and data into streamable content.
These solutions are offered in both smaller,
portable boxes and larger permanent fixtures.
Most professional broadcasters tend to use these
hardware encoders for live streaming as they
specialize specifically in hardware encoding,
which gives them an advantage over the software
encoders. Restraints Lack of Standardization of
Media Formats and Codecs Used for
Broadcasting Some significant codec formats
include H.261 standard, MPEG1, H.262/MPEG2,
H.263, DivX, AVS, Dirac, AAC, FLAC, TTA, MP3,
Speex, and others. Many media codecs and file
formats create ambiguity leading to a lack of
standardization. The rapidly evolving nature of
digital video and audio formats and the lack of
national or international consensus standards for
creating and preserving digital audio and video
are challenging the markets growth. Standards
for digital audio and video formats and
compression methods are evolving with every new
advancement of digital technology.
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• Various institutions have adopted digital audio
  files standards however, digital video standards
  are not well documented outside of broadcast
  video, making it harder to find recommended best
  practices for video files. The adoption of
  standards helps in the preservation of media for
  the long term, making them crucial. The
  significant number of video and audio
  compression formats available make it difficult
  for broadcast and IT engineers to identify and
  work as various formats are used in legacy
  systems that are still in place. In addition,
  many errors in video quality are brought by the
  non-conformance to the variety of compression
  standards. Thus, making standardization of
  different media formats and codecs imperative for
  the broadcasters.
• Scope of the Report
• The study categorizes the broadcast equipment
  market based on technology and product at the
  regional and
• global levels.
• Direct Purchase Report https//www.marketstatsvil
  le.com/buy-now/broadcast-equipment-market?opt2950
  By Technology Outlook (Sales, USD Million,
  2017-2027)
• Analog Broadcasting
• Digital Broadcasting
• By Product Outlook (Sales, USD Million,
  2017-2027)
• Dish Antennas
• Switchers
• Video Servers
• Encoders
• Transmitters and Repeaters
• Other Products

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• Access full Report Description, TOC, Table of
• Figure, Chart,
• etc https//www.marketstatsville.com/table-of-
  content/broadcast-equipment-market
• By Region Outlook (Sales, USD Million, 2017-2027)
• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru,
• Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain,
  Poland, Russia, Slovenia, Slovakia, Hungary,
  Czech Republic, Belgium, the Netherlands,
  Norway, Sweden, Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea,
  Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
  Cambodia, the Philippines, Singapore, Australia
  New Zealand, Rest of Asia Pacific)
• The Middle East Africa (Saudi Arabia, UAE,
  South Africa, Northern Africa, Rest of MEA)

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Digital broadcasting is projected to account
for the largest market share by technology Based
on technology, the global broadcast equipment
market is divided into analog broadcasting and
digital broadcasting. In 2020, the digital
broadcasting segment accounted for the largest
market share of 82.4 in the global broadcast
equipment market. Using digital signals instead
of analog signals for broadcasting over radio
frequency bands is called digital broadcasting.
The technology has evolved over the years, with
various governments worldwide focusing on
digital switch over and analog switch off.
Additionally, the technology has transitioned
from BVB-T MPEG2 to DBV-T2 MPEG7. Request For
Report Description https//www.marketstatsville.c
om/br
oadcast-equipment-market
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