According to the new market research report by IndustryARC titled “Broadcast Radio Market: By Type (Digital, Analog); By Equipment (Filters, Switches, Modulators, Amplifiers, Transmitters and Others); By Frequency (LF, MF, HF, VHF, UHF, SHF) and By Geography - Forecast(2018 - 2023),” the market will be driven by availability of alternative signal of audio devices over a standard FM radio.
To access the full report, click the link below:
https://industryarc.com/Report/18403/broadcast-radio-market-research-report-analysis.html
North America Dominates in Share and Growth in Broadcast Radio Market:
North America held the largest share of the broadcast radio market in 2017. The increasing number of cable and satellite television channels and the rising spread of the internet have provided broadcasters with many choices to continue its dominance in the upcoming market. North America leads with the increase in number of broadcast channels this in turn has boosted the demand for radio broadcast equipments.
Selected Type and Frequency Analysis Done in the Full Report:
The market is attributed into hardware oriented and software oriented, under which analog and digital radio are the types. The market is further segmented into frequency, where ultra-high-definition (UHD) content production and transmission is rising due to increase in D2C offering (Direct-to-Consumer) through OTT services.
Selected Driving Factors Mentioned in the Full Report:
Increasing adoption of smartphones and internet facilities have led the market to rise in the number of internet radio audience which is driving the growth of the global radio advertising market.
As radio broadcast is an easy access, a new Cryptomania radio broadcast launched in Boston that will help people to learn from online radio stations. This is steadily entering mainstream of educating process and will help the market to grow progressively.
Key Players of the Broadcast Radio Market:
AVL Technologies, ZTE Corp., Ericsson AB, GatesAir Inc., Clyde Broadcast, Cisco Systems, Evertz Microsystems Inc., and Sencore Inc., are some of the well-known players in the Broadcast Radio Market. AVL Technologies is known for providing equipment for producing visionary, innovative, reproducible satellite communications antennas and positioners for emerging markets.
Related Reports:
A. Wireless RAN Market
https://industryarc.com/Report/15088/wireless-ran-market.html
B. Radio Frequency Components Market
https://industryarc.com/Report/15806/radio-frequency-components-market.html
The Broadcast Radio Market is Segmented as Indicated Below:
The growing popularity of improvement to existing equipment’s will drive the demand for broadcast radio market.
A. Global Broadcast Radio Market – By Type
1. Analog
2. Digital
B. Global Broadcast Radio Market – By Frequency
What can you expect from the report?
The Broadcast Radio Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
And 14+ more
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to [email protected] to learn more about our consulting services.
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The global broadcasting equipment market is anticipated to grow at a modest CAGR over the forecast period, i.e., 2021 – 2029 owing to the rise in number of smart device users, growing investment in high speed broadband infrastructure, escalating number of digital channels and the increasing demand for producing high definition (HD) content.
It was evaluated that more than 530 million people around the globe subscribed to OTT services in 2019.
This number of subscribers increased up to approximately 590 million in the year 2020.The market is segmented on the basis of product, application and technology.
By product, the segment for encoder is projected to occupy a notable share in the market on the back of characteristics such as high reliability, low replacement cost, compact size and accuracy in converting analog signals to digital television signals.Geographically, the broadcasting equipment market is segmented into five major regions, namely, North America, Europe, Latin America, Asia Pacific and the Middle East & Africa.The markets in North America and Europe are estimated to grab significant share during the forecast period accounting to the increasing internet penetration and the presence of leading market players in the regions.
Furthermore, Asia Pacific is evaluated to be the most futuristic market as a result of increase in total internet users in the recent years.Surge in the Number of Smart Device UsersOur statistical analysis reveals that approximately 4.5 billion people in the world are expected to own a smartphone by the end of 2023, up from 3.5 billion of global population in the year 2020.
The rapid growth in the number of smart devices users, in general, is expected to be the chief reason for the growth of the market.However, stringent rules and protocols associated with the broadcasting of sensitive contents is expected to operate as key restraint to the growth of the broadcasting equipment market over the forecast period.This report also provides the existing competitive scenario of some of the key players of the global broadcasting equipment which includes company profiling of Cisco Systems, Inc. (NASDAQ: CSCO), Harmonic Inc. (NASDAQ: HLIT), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Evertz Technologies Limited (OTCMKTS: EVTZF), Eletec Radio Broadcasting Equipment & Transmitters, Clyde Broadcast Technology Ltd, EVS Broadcast Equipment SA (OTCMKTS: EVSBY), AvL Technologies, Inc., Grass Valley Canada, Sencore, and others.The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.On the whole, the report depicts detailed overview of the broadcasting equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities, and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
The worldwide market for broadcast equipment is considered to be driven by different aspects, for example, the changeover from simple to advanced broadcasting, expanding concentration on generation automation, developing acknowledgment of HD globally and increasing figure of digital stations.
One of the main aspect adding to the market expansion is the expanding the requirement for HD programming and better approaches to disperse the content, for example, mobile TV and internet protocol television (IPTV) is rapidly deploying and developing.
Government regulations are enforced with respect to digitalization is likewise anticipated to fuel the market.Moreover, with the immense expansion in several tablets and smartphones, the development prospects of video services have expanded extensively recently.
Request For Report Sample: https://www.researchreportinsights.com/report/upsample/120124761/Broadcasting-Equipment-Market Although irregularity in content circulation, higher cost of broadcasting equipment, for example, audio-video mixers, cables and cameras, the vast capital cost is required while putting in the new broadcast facility along with the absence of standardized ways in content circulation are a few of the aspects that are limiting this market.
Moreover, rivalry among the sellers in the worldwide market has expanded remarkably.
North America and Europe are considered to be the most lucrative market owing to the adoption of advanced technology as well as more of the organization’s involvement in R programs to maintain peace with the competition.
