The global live IP broadcast equipment market is anticipated to grow at a significant CAGR during the forecast period 2024-2031. The live IP broadcast equipment is advanced broadcasting technology that distributes video and audio services using radio and television as a mode of communication. The live IP broadcast encourages seamless interworking throughput and allows broadcast companies to store video and audio records with the help of servers in a compressed format.
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The rising demand for high-definition video quality content and increasing customer preference to adopt innovative broadcasting technologies over traditional broadcasting services is anticipated to drive the growth of the global live IP broadcast equipment market. The increasing penetration of over-the-top services and IoT protocols to deliver high-quality video and audio content is further projected to supplement the market growth of the global live IP broadcast equipment market during the forecast period. Additionally, the growing trend towards digitalization and rising demand for live programming solutions at a significant rate is the major factor that is expected to create ample growth opportunities for the global live IP broadcast equipment market during the forecast period.
Besides, the key players present in the global live IP broadcast equipment market including Belden Inc., Cisco Systems Inc., Euro Media Group, and others are adopting various strategies that include product launches, market expansion, research & developments, mergers & acquisitions, among others to remain competitive in the market. For instance, in June 2021, Sencore Inc. introduces TXS 3800, a new transcoder in their ATSC 3.0 broadcast solutions pipeline. The TXS 3800 is transcoder equipment estimated to convert multiple ATSC 3.0 into ATSC 1.0 services for reuse and retransmission in existing cable, translator, and MVPD systems.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- Belden Inc., Cisco Systems Inc., Euro Media Group, ETL Systems Ltd., Harmonic Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Live IP Broadcast Equipment Market by Segment
By Product Type
- Transmitter and Gap Fillers
- Encoders and Converter
- Amplifiers
- Antennas
- Modulators and Repeaters
- Routers and Switches
- Video Servers
- Others
By Application
- Broadcast Stadiums
- Outside Broadcast Vans
- Broadcast Production Centers
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