Pune, India, 21April 2020:Market overview
According to recent study by WiseGuy Reports (WGR), the global live IP broadcast equipment market is expected to grow at a CAGR of 17.92% during forecast period 2019 – 2025. The market was valued for USD 859.1 million in the year 2018 and is projected to reach USD 2,670.1 million by the end of 2025.
The report has been prepared based on the historical data and future forecast for IP broadcasting.
Live IP Broadcast equipment are the types of equipment that are used for the distribution of media in video and audio format over radio, television and other means of communication. The broadcast companies are held to store audio and video records in compressed formats. The broadcasting equipment includes high-power transmitters, signal routing, modulators, equipment racks, monitor and control systems and video displays. The broadcast IP address is used for indicating the packets that are being sent that should be delivered to every single client on the LAN.
The broadcasters are offering live news, sports and other live content that is expanding the scope of live programming. The live programming supports the broadcasters and increases the demand for live IP broadcasting services. This is helping the growth of the live IP broadcasting market, with the development of future technologies, increasing investment in research and development, and a new production system that is expected to increase the demand and supply of live broadcast streaming.
The global Live IP broadcast equipment market has been widely segmented based on the product and a list of applications. The broadcasting sector is growing tremendously with the increase in the number of online users and the live streaming of various videos and audios. Hence, on the basis of the product, the global live IP broadcast equipment market can be split into:
- Routers and switches
- Encoders and convertor
- Transmitter and gap fillers
- Signal processing unit
- Modulators and repeaters
- Video servers
And based on the essential applications, the global Live IP broadcast market can be divided into:
- Broadcast stadium
- Outside broadcast vans
- Broadcast production centers
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In a geographic context, the global live IP broadcasting equipment market can be divided into the major regions of North America, Asia-Pacific, Erope and the rest of the World. The North American market can account for the largest share of USD 268.6 million for the year 2018 and the market is expected to reach a CAGR of 17.93% during the forecast period of 2017-2025.
The other regions in the world are Asia-Pacific, North America, Europe, Middle East, Africa and the Rest of the World. The presence of major key companies in the global Live IP Broadcast equipment market is driving the market at a faster pace. These regions are contributing a lot in addressing the demand for live broadcasting methods.
The key players of the global live IP broadcast equipment market are Cisco Systems Inc. (US), Evertz Microsystems Ltd (Canada), Belden Inc. (US), Sony Corporation (Japan), Eletec Broadcast Telecom SARL (France), Euro Media Group (France), Telefonaktiebolaget LM Ericsson (Sweden), EVS Broadcast Equipment SA (Belgium), Harmonic Inc. (US), ETL Systems Ltd (UK), TAMURA Corporation (Japan), and Ikegami Tsushinki Co., Ltd (Japan).
Cisco Systems Inc. will be acquing Fluidmesh Networks, a small wireless technology company in New York that works in public transit, mining operations and ports. Both these companies have been partners since 2016 and now the acquisition will bolster the wireless technology that would include ‘on-the-move applications’ that are designed for preventing data loss.
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