Lucintel Forecasts the Global Video Switcher Market to Reach $7.0 billion by 2030
Lucintel Forecasts the Global Video Switcher Market to Reach $7.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global video switcher market looks promising with opportunities in the sports broadcasting, studio production, news production, and post production markets. The global video switcher market is expected to reach an estimated $7.0 billion by 2030 from $5.0 billion in 2024, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising adoption of 4K and even higher resolution content, expansion of online content creation and the rise of live streaming platforms, and increasing need for advanced video switching features owing to the growth of eSports as a major entertainment sector and the popularity of sports broadcasting.
A more than 150-page report to understand trends, opportunity and forecast in video switcher market to 2030 by product type (production switchers, computer-based switchers, routing switchers, virtual switchers, hybrid switchers, and others), end use (sports broadcasting, studio production, news production, post production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that routing switcher is expected to witness the highest growth over the forecast period because these devices are essential for enabling the seamless management and dissemination of audiovisual signals across many sources and destinations.
Within this market, studio production will remain the largest segment due to the increasing reliance of television and internet content makers on sophisticated switchers to manage multi-camera setups and smoothly switch between feeds during live broadcasts or recordings.
Download sample by clicking on video switcher market
North America will remain the largest region over the forecast period due to the well-established media and entertainment area, which includes television, film, gaming, and online content development, is fueling the regionÄX%$%Xs need for sophisticated switchers.
Blackmagic Design, Grass Valley, Ross Video, For-A, Panasonic, Sony, Datavideo, NewTek, Roland, SEOKWANG To Win Tech are the major suppliers in the video switcher market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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