The global broadcast switchers market is expected to reach USD 1.93 billion by 2020, according to a new study by Grand View Research, Inc.
The global broadcast switchers market is expected to reach USD 1.93 billion by 2020, according to a new study by Grand View Research, Inc. Transition to digital from traditional analog technology is expected to propel market growth over the next six years. Changing consumer preferences and favorable regulatory scenario have led to high degree of digitization and HD display adoption, which is also expected to be a key market driver over the forecast period. Operational ease during broadcasting and video transmission may favorably impact the market.
Although standard definition (SD) demand has been decreasing, digitization is expected to fuel 4K and full HD adoption; this is expected to present a sizable opportunity for companies operating in the market. Rising production automation demand is also expected to be a growth driver over the forecast period. Restraints to market growth include need for standardization as well as high cost of lighting equipment, cameras, digital audio mixers, etc.
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Further key findings from the study suggest:
For the purpose of this study, Grand View Research has segmented the global broadcast switchers market on the basis of product, application and region:
Broadcast Switchers Product Outlook (Revenue, USD Million, 2012 – 2020)
• Master Control Switchers
• Production Switchers
• Routing Switchers
Broadcast Switchers Application Outlook (Revenue, USD Million, 2012 – 2020)
• News Production
• Post Production
• Production Trucks
• Sports Broadcasting
• Studio Production
• Others
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting servi
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Feb 13, 2015