Broadcasting Equipment Market to Projected to Touch a Valuation of US$ 5,104.8 Mn by 2026-End
Verfasser: yogesh on Tuesday, 22 January 2019According to the latest report published by Persistence Market Research, titled “Broadcasting Equipment Market: Asia Pacific Industry Analysis and Forecast, 2016–2024”, the broadcasting equipment market in APAC region is expected to be valued at US$ 5,104.8 Mn by 2024.
The broadcasting equipment market in APAC region was valued at US$ 2487.5 Mn in 2015 and is expected to register a CAGR of 8.1% from 2016 to 2024. The growth of broadcasting equipment market in APAC region is primarily driven by convergence of high definition technologies such as 4K with IP. As per the report, 4K services are expected to be available on IP networks over the next four to five years via satellite launching and cable platforms.
The report has segmented the APAC broadcasting equipment market into traditional TV broadcast, traditional radio broadcast, IP converged broadcasting and asset management systems.
A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/11317