Broadcast and Media Technology Market Growth, Share, Trends, Demand and Future Opportunities
Broadcast and Media Technology Market Size- By Hosting Model, By Solution, By Component, By End User, By Development- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Feb-2023 | Report ID: IACT2350 | Pages: 1 - 244 | Formats*: |
| Category : Information & Communications Technology | |||
Global Broadcast and Media Technology Market Overview
According to SPER Market Research, the Global Broadcast and Media Technology Market is estimated to reach USD 140.04 billion by 2032 with a CAGR of 11.17%.
Broadcast and media technology refers to the various hardware, software, and services used by media companies, broadcasters, and content creators to produce, distribute, and manage audio and visual content. This includes everything from cameras and editing software to broadcasting equipment and streaming platforms. As the world becomes increasingly digital and connected, the demand for high-quality, personalized content is growing, and broadcast and media technology is playing an increasingly important role in meeting that demand. From cloud-based solutions to data analytics and artificial intelligence, the latest technologies are revolutionizing the way content is created, distributed, and consumed.
This market refers to the various hardware, software, and services used by media companies, broadcasters, and content creators to produce, distribute, and manage audio and visual content. This market is constantly evolving and expanding as new technologies and trends emerge. One of the most significant developments in recent years has been the rise of digital streaming services, which have disrupted traditional broadcasting models and led to an increased demand for streaming platforms and related technologies. Other notable trends in the broadcast and media technology market include the increasing use of cloud-based solutions for content production and management, the growing importance of data analytics and artificial intelligence in content creation and distribution, and the continued evolution of virtual and augmented reality technologies.
Impact of COVID-19 on the Global Broadcast and Media Technology Market
The worldwide broadcast and media technology market has been greatly impacted by the COVID-19 epidemic. Demand for digital media consumption and remote production solutions has increased as a result of lockdowns and social segregation policies.As more people have resorted to digital media for amusement during lockdowns, one of the largest effects has been an increase in demand for streaming platforms and services. As a result, the use of cloud-based content delivery networks (CDNs), which are used to distribute and transport video material to consumers, has significantly increased. The demand for virtual and augmented reality technologies has also increased, enabling more immersive and captivating viewing experiences.
As media firms had to adjust to remote working and social isolation measures, the pandemic has also pushed the development of remote production solutions. As a result, more people are utilizing cloud-based content management systems (CMS), production software, and remote editing and collaboration capabilities.
However, this market has also been negatively impacted by the epidemic. There has been a slowdown in the market for particular kinds of hardware and software as a result of the necessity for many businesses to delay or cancel manufacturing and broadcasting initiatives.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Hosting Model, By Solution, By Component, By End User, By Development |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Acorde Technologies, Clyde Broadcast, Dell Inc., Eletec Broadcast Telecom S.A.R.L, ETL Systems Ltd., Evertz Technologies Limited, EVS Broadcast Equipment, Grass Valley USA LLC, Harmonic Inc., IBM Corporation, Quantum Corporation, Rohde & Schwarz GmbH & Co. KG, Sencore, Video Stream Networks S.L., VSN Video Stream Networks S.L, WideOrbit |
Key Target Audience
- Advertising agencies
- Content creators
- Educational institutions
- Equipment manufacturers and suppliers
- Government agencies
- Media companies and broadcasters
- Technology providers
Global Broadcast and Media Technology Market Segmentation:
1. By Hosting Model:
- Integrated
- Standalone
2. By Solution:
- Ad and Data Management
- Content Storage Solutions
- Editorial and Print Workflow
- Media/Digital Asset Management
- Revenue Management
- User Management
- Web Content Management
3. By Component:
- Cloud
- Consulting
- Content Storage Solutions
- Editorial and Print Workflow
- Managed Services
- Media/Digital Asset Management
- On-Premise
- Revenue Management
- Services
- Software
4. By End User:
- Broadcast
- Cable
- Distributors
- DTT
- IPTV
- OTT
- Satellite
5. By Development:
- Cloud
- On-Premise
6. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Broadcast and Media Technology Market (FY’2019-FY’2032)
- Overview of Global Broadcast and Media Technology Market
- Segmentation of Global Broadcast and Media Technology Market By Hosting Model (Integrated, Standalone)
- Segmentation of Global Broadcast and Media Technology Market By Solution (Ad and Data Management, Content Storage Solutions, Editorial and Print Workflow, Media/Digital Asset Management, Revenue Management, User Management, Web Content Management, Others)
- Segmentation of Global Broadcast and Media Technology Market By Component (Cloud, Consulting, Content Storage Solutions, Editorial and Print Workflow, Managed Services, Media/Digital Asset Management, On-Premise, Revenue Management, Services, Software, Support and Maintenance, User Management, Web Content Management)
- Segmentation of Global Broadcast and Media Technology Market By End User (Broadcast, Cable, Distributors, DTT, IPTV, OTT, Satellite)
- Segmentation of Global Broadcast and Media Technology Market By Development (Cloud, On-Premise)
- Statistical Snap of Global Broadcast and Media Technology Market
- Growth Analysis of Global Broadcast and Media Technology Market
- Problems and Challenges in Global Broadcast and Media Technology Market
- Competitive Landscape in the Global Broadcast and Media Technology Market
- Impact of COVID-19 and Demonetization on Global Broadcast and Media Technology Market
- Details on Recent Investment in Global Broadcast and Media Technology Market
- Competitive Analysis of Global Broadcast and Media Technology Market
- Major Players in the Global Broadcast and Media Technology Market
- SWOT Analysis of Global Broadcast and Media Technology Market
- Global Broadcast and Media Technology Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global Broadcast and Media Technology Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Broadcast and Media Technology Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Broadcast and Media Technology Market
7. Global Broadcast and Media Technology Market, By Hosting Model, 2019-2032 (USD Million)
7.1 Integrated7.2 Standalone
8. Global Broadcast and Media Technology Market, By Solution, 2019-2032 (USD Million)
8.1 Ad and Data Management8.2 Content Storage Solutions8.3 Editorial and Print Workflow8.4 Media/Digital Asset Management8.5 Revenue Management8.6 User Management8.7 Web Content Management8.8 Others
9. Global Broadcast and Media Technology Market, By Component, 2019-2032 (USD Million)
9.1 Cloud9.2 Consulting9.3 Content Storage Solutions9.4 Editorial and Print Workflow9.5 Managed Services9.6 Media/Digital Asset Management9.7 On-Premise9.8 Revenue Management9.9 Services9.10 Software9.11 Support and Maintenance9.12 User Management9.13 Web Content Management
10. Global Broadcast and Media Technology Market, By End User, 2019-2032 (USD Million)
10.1 Broadcast10.2 Cable10.3 Distributors10.4 DTT10.5 IPTV10.6 OTT10.7 Satellite
11. Global Broadcast and Media Technology Market, By Development, 2019-2032 (USD Million)
11.1 Cloud11.2 On-Premise
12. Global Broadcast and Media Technology Market, By Region, 2019-2032 (USD Million)
12.1 Global Broadcast and Media Technology Market Size and Market Share by Region (2019-2025)12.2 Global Broadcast and Media Technology Market Size and Market Share by Region (2026-2032)12.3 Asia-Pacific12.3.1 Australia12.3.2 China12.3.3 India12.3.4 Japan12.3.5 South Korea12.3.6 Rest of Asia-Pacific12.4 Europe12.4.1 France12.4.2 Germany12.4.3 Italy12.4.4 Spain12.4.5 United Kingdom12.4.6 Rest of Europe12.5 Middle East and Africa12.5.1 Kingdom of Saudi Arabia12.5.2 United Arab Emirates12.5.3 Rest of Middle East & Africa12.6 North America12.6.1 Canada12.6.2 Mexico12.6.3 United States12.7 Latin America12.7.1 Argentina12.7.2 Brazil12.7.3 Rest of Latin America
13. Company Profiles
13.1 Acorde Technologies13.1.1 Company details13.1.2 Financial outlook13.1.3 Product summary13.1.4 Recent developments13.2 Clyde Broadcast13.2.1 Company details13.2.2 Financial outlook13.2.3 Product summary13.2.4 Recent developments13.3 Dell Inc.13.3.1 Company details13.3.2 Financial outlook13.3.3 Product summary13.3.4 Recent developments13.4 Eletec Broadcast Telecom S.A.R.L13.4.1 Company details13.4.2 Financial outlook13.4.3 Product summary13.4.4 Recent developments13.5 ETL Systems Ltd.13.5.1 Company details13.5.2 Financial outlook13.5.3 Product summary13.5.4 Recent developments13.6 Evertz Technologies Limited13.6.1 Company details13.6.2 Financial outlook13.6.3 Product summary13.6.4 Recent developments13.7 EVS Broadcast Equipment13.7.1 Company details13.7.2 Financial outlook13.7.3 Product summary13.7.4 Recent developments13.8 Grass Valley USA LLC13.8.1 Company details13.8.2 Financial outlook13.8.3 Product summary13.8.4 Recent developments13.9 Harmonic Inc.13.9.1 Company details13.9.2 Financial outlook13.9.3 Product summary13.9.4 Recent developments13.10 IBM Corporation13.10.1 Company details13.10.2 Financial outlook13.10.3 Product summary13.10.4 Recent developments13.11 Quantum Corporation13.11.1 Company details13.11.2 Financial outlook13.11.3 Product summary13.11.4 Recent developments13.12 Rohde & Schwarz GmbH & Co. KG13.12.1 Company details13.12.2 Financial outlook13.12.3 Product summary13.12.4 Recent developments13.13 Sencore13.13.1 Company details13.13.2 Financial outlook13.13.3 Product summary13.13.4 Recent developments13.14 Video Stream Networks S.L.13.14.1 Company details13.14.2 Financial outlook13.14.3 Product summary13.14.4 Recent developments13.15 VSN Video Stream Networks S.L13.15.1 Company details13.15.2 Financial outlook13.15.3 Product summary13.15.4 Recent developments13.16 WideOrbit13.16.1 Company details13.16.2 Financial outlook13.16.3 Product summary13.16.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The key players in the market include Companies Covered Acorde Technologies, Clyde Broadcast, Dell Inc., Eletec Broadcast Telecom S.A.R.L, ETL Systems Ltd., Evertz Technologies Limited, EVS Broadcast Equipment, Grass Valley USA LLC, Harmonic Inc., IBM Corporation, Quantum Corporation, Rohde & Schwarz GmbH & Co. KG, Sencore, Video Stream Networks S.L., VSN Video Stream Networks S.L, WideOrbit
Broadcast and Media Technology Market is projected to reach USD 140.04 billion by 2032, growing at a CAGR of 11.17% during the forecast period.
Broadcast and Media Technology Market grew in market size from 2021. The Market is expected to reach USD 140.04 billion by 2032, at a CAGR of 11.17% during the forecast period.
Broadcast and Media Technology Market CAGR of 11.17% during the forecast period.
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Broadcast and Media Technology Market size is USD 140.04 billion from 2022 to 2032.
Broadcast and Media Technology Market Segment is Covered By Hosting Model, By Solution, By Component, By End User, By Development
The North America region is anticipated to have the highest market share in Broadcast and Media Technology Market.
This market includes a wide range of products and solutions, including cameras, editing software, broadcasting equipment, streaming platforms, and more.
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