Live IP Broadcast Equipment Market Size Worth $2,670.1 million by 2025 | CAGR 17.92%
The Global live IP Broadcast Equipment Market is expected to register $2,670.1 million by the end of 2025 growing at a CAGR of 17.92% during the forecast period of 2019- 2025.
Broadcasting is a process of distribution of message or information in an audio and video form via broadcasting equipment such as television, radio, mobile phone, and other means of telecasting to the audience. Live IP broadcasting equipment involve decoders, encoders, routers, switches, modulators, amplifier, high power transmitters, and so on.
Growing demand of over the top (OTT) content through different platforms and rise in transition of hardware-oriented products to software-oriented architecture are some major factor driving the growth of the global live IP broadcast equipment market. Live IP broadcast equipment are highly reliable and more efficient, which is a key benefit of this market and hence a factor fueling the growth of the global live IP broadcast equipment market. Whereas, rapid change in broadcasting technology is hampering the growth of the global live IP broadcast equipment market.
The global live IP broadcast equipment market is studied among North America, Latin America, Asia-Pacific, Europe, Middle East and Africa. Among which, North America is expected to reach $268.6 million by the end of 2025 growing at highest CAGR of 17.93% in the global live IP broadcast equipment market during the forecast period. This is attributed to presence of various broadcast equipment providers in this region. On the other hand, Europe is expected to hold second largest market share in the global live IP broadcast equipment market during the forecast period owing to the availability of technical infrastructure which provides lucrative opportunities for the live IP broadcast equipment market to grow in this region. Asia-Pacific is expected to be the fastest-growing market in the global live IP broadcast market during the forecast period as the application of live IP broadcast equipment is high in this region.
Major players included in research study of the global live IP broadcast equipment market are Ikegami Tsushinki Co., Ltd, Harmonic Inc., Belden Inc., Eletec Broadcast Telecom SARL, Evertz Microsystems Ltd., Telefonaktiebolaget LM Ericsson, TAMURA Corporation, EVS Broadcast Equipment SA, ETL Systems Ltd, Cisco Systems Inc., Sony Harmonic Corporation Inc., and Euro Media Group.
Belden Incorporated, an American manufacturer of cable products, connectivity, and networking. Belden Inc. manufactures and design market signal transmission products. It was founded in 1902. Its headquarters is in St. Louis, Missouri, United States.
Euro Media Group is Europe’s leading provider of broadcast facilities and services in 7 countries with company size of 1001-5000. It was founded in 1982. Its headquarters is in Sacramento, California, United States. It provides broadcast facilities, post production services, satellite services, media exchange, live graphics, sportproduction facility etc. Euro Media Group joined hands with Telegenic, UK based OB facilities company, in February 2019, to expand its business in UK.
Red Bee Media is an international broadcasting and media services company. Its headquarters is in London, United Kingdom. Red Bee Media acquired Fox Network Group, primary operator of television distribution, in February 2019, to provide its distributional service via its media channel store in UK.
ETL Systems Ltd. manufactures and designs RF satellite signal handling equipment. It was founded in 1984. Its headquarters is in Hereford, United Kingdom. ETL Systems is specialize in custom build RF design for latest satellite signals. Harmonic Inc., an American technology Company. Its headquarters is in San Jose, California, United States. Harmonic Inc. develops video routing, storage products, and server for companies that produce, process, and distribute video content on internet and television.
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