Broadcast Equipment Companies - Cisco Systems Inc., (US) and Telefonaktiebolaget LM Ericsson (Sweden) are the Key Players
The global broadcast equipment market to grow from USD 5.2 billion in 2023 to USD 6.7 billion in 2028 at a CAGR of 5.3% during the forecast period. Transition from analog to digital broadcasting and growing investments in content production are the major driving factors for the growth of the broadcast equipment market.
The key players operating in the broadcast equipment market are Cisco Systems Inc., (US), Telefonaktiebolaget LM Ericsson (Sweden), CommScope (US), Evertz Microsystems, Ltd (Canada), Harmonic Inc. (US), EVS Broadcast Equipment (Belgium), Grass Valley (Canada), Wellav Technologies Ltd. (China), Eletec Broadcast Telecom S.A.R.L (France), Clyde Broadcast (UK), AVL Technologies Inc. (US), NEC Corporation (Japan), ETL Systems Ltd (UK), Global Invacom Group Ltd (Singapore), Broadcast Electronics (US), OMB Broadcast (Spain), Belden Inc. (US), TVC Communications (US), Datum Systems (US), Hangzhou Haoxun Technologies Co . Ltd (China), Rhode & Schwarz (Germany), Acorde Technologies S.A. (Spain), FMUser International Group Ltd. (US), Teko Broadcast S.A.R.L (Italy), and GBSOnline (Singapore). These players have adopted various growth strategies to strengthen their position in the broadcast equipment market. The strategies include product launches, expansions, partnerships, collaborations, and mergers and acquisitions.
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Cisco Systems Inc. (US)
Cisco Systems, Inc. (US) operates across distinct business segments, which include secure agile networks, internet for the future, collaboration, end-to-end security, optimized application experiences, and various services. The company provides a range of solutions encompassing network, data center, cloud, security, collaboration, analytics, and more to facilitate rapid business transformation while minimizing risks. Within its secure agile networks business segment, Cisco offers broadcasting products like switches and routers, as well as cutting-edge technologies. Cisco Systems, Inc. (US) has focused on product launches and collaborations to diversify its portfolio. It has a presence in North America, Europe, Asia Pacific, the Middle East, and Africa.
Telefonaktiebolaget LM Ericsson (Sweden)
Telefonaktiebolaget LM Ericsson (Sweden) delivers high-performance solutions spanning networks, IT, and cloud technology, as well as media services. Their comprehensive offerings encompass infrastructure, services, and software tailored for mobile and fixed network operators, the telecommunications industry, multimedia solution providers, and various other sectors. Ericsson is at the forefront of innovation, developing groundbreaking technology and services that are easily deployable, adaptable, and scalable. The company has adopted organic and inorganic strategies to sustain its position in the broadcast equipment market. This includes various product launches and developments, as well as acquisitions. Across the Americas, Europe, the Middle East and Africa, and Asia-Pacific, the company conducts business.
CommScope (US)
CommScope (US) is a worldwide provider of infrastructure solutions tailored for communication and entertainment networks. The company specializes in delivering both wired and wireless solutions that empower operators and content providers to distribute their content effectively across intricate network environments. The company focuses on organic growth strategies to strengthen its position in the market. It operates in North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Evertz Microsystems Ltd. (Canada)
Evertz Microsystems, Ltd (Canada) operates as a single, identifiable business segment specializing in the manufacturing of broadcast equipment and solutions that facilitate the presentation of content across various platforms, including television sets, on-demand services, WebTV, IPTV, and mobile devices. The company is actively engaged in the design, production, and promotion of video and audio infrastructure solutions designed for the production, post-production, and transmission of television content. The company has been focusing on expanding its product portfolio through product launches and developments. It operates in North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
Related Reports:
Broadcast Equipment Market by Type (Dish Antennas, Amplifiers, Encoders, Video Servers, Transmitters, Modulators, Power Control Systems), Technology (Analog & Digital), Radio Modulation (Amplitude & Frequency), & Region - Global Forecast to 2028
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