Historic Industry Size & Analysis of 15 Vendors and 7 Countries

NEW YORK, Nov. 24, 2022 /PRNewswire/ — The pro AV market size is forecasted to increase by USD 113.26 billion from 2022 to 2027, at a CAGR of 7.92%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing use of digital signage, the rise in popularity of e-learning, and advances in technology.

Technavio has announced its latest market research report titled Global Pro AV Market 2023-2027

Technavio has announced its latest market research report titled Global Pro AV Market 2023-2027

Technavio categorizes the global pro AV market as a part of the consumer electronics market, which covers products and companies engaged in the manufacturing or marketing of consumer robotics, home audio and video products, televisions, digital cameras, and related products.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report

Technavio has extensively analyzed 15 major vendors, including Anixter International Inc., Applied Electronics Ltd., Arista Networks Inc., Audinate Group Ltd., AVI SPL LLC, AVI Systems, Avidex Industries LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej Interio, New Era Technology, Pro AV Solutions Pty Ltd, proAV Ltd., Samsung Electronics Co. Ltd., Seiko Epson, Semtech Corp., Spinitar, Synergy Measurement Technologies Pvt. Ltd., and Vistacom Inc.

Key Benefits for Industry Players & Stakeholders –

  • The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.

  • It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.

  • The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in future – To get requisite details, ask for a custom report.

Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

  • One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 

  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between NEUTRAL and HIGH.

  • Furthermore, market adoption rates for all regions have been covered.

Download the sample to get a holistic overview of the pro AV market by industry experts to evaluate and develop growth strategies.

The market is segmented by type (products and services).

Segmentation by Type (Inclusion/Exclusion)

To get detailed insights about inclusions and exclusions, buy report.

Related Reports –

Stock Video Market by Application, License Model, Image Source, and Geography – Forecast and Analysis 2022-2026 – size is estimated to increase by USD 275.41 million from 2021 to 2026, with an accelerated CAGR of 7.31%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by application (editorial and commercial), license model (RM and RF), image source (macro stock and microstock), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

Digital Video Recorder Market by Deployment and Geography – Forecast and Analysis 2022-2026 – size is estimated to increase by USD 6.76 billion from 2021 to 2026, with an accelerated CAGR of 7.31%, according to the recent market study by Technavio. The increasing penetration of mobile computing devices is one of the key factors driving the market growth.

What are the key data covered in pro AV market?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the pro AV market between 2023 and 2027

  • Precise estimation of the size of the pro AV market size and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth of the pro AV market across APAC, North America, Europe, Middle East and Africa, and South America

  • Thorough analysis of the market’s competitive landscape and detailed information about vendors

  • Comprehensive analysis of factors that will challenge the growth of pro AV market vendors

Pro AV Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Historic Period

2017 -2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.92%

Market growth 2023-2027

USD 113.26 billion

Market structure

Fragmented

YoY growth (%)

7.41

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing contribution

APAC at 41%

Key countries

US, Canada, China, Japan, and UK

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies and Industry Risks

Companies profiled

Anixter International Inc., Applied Electronics Ltd., Arista Networks Inc., Audinate Group Ltd., AVI SPL LLC, AVI Systems, Avidex Industries LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej Interio, New Era Technology, Pro AV Solutions Pty Ltd, proAV Ltd., Samsung Electronics Co. Ltd., Seiko Epson, Semtech Corp., Spinitar, Synergy Measurement Technologies Pvt. Ltd., and Vistacom Inc.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period.

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Industry Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Pro AV Market 2023-2027

Global Pro AV Market 2023-2027

Cision

Cision

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