The global playout automation & channel-in-a-box market is projected to register a CAGR of 15.8% during the forecast period, reaching USD 6.1 billion by 2028 from an estimated USD 2.9 billion in 2023. Major factors to boost the market growth include the escalating demand for video content across various industries, increase in demand for OTT services, increasing engagement in HD and UHD content consumption and proliferation of live broadcasting at an accelerated pace.
The playout automation & channel-in-a-box market is poised for substantial growth in the coming years, driven by several key factors:
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Increasing Demand for Automated Workflows:
The demand for automated workflows in broadcasting is driving the growth of the playout automation market. Automation streamlines operations, reduces manual intervention, and enhances efficiency, leading to cost savings and improved productivity.
Rise in Multiplatform Content Delivery:
With the proliferation of digital platforms and devices, broadcasters are increasingly delivering content across multiple channels, including traditional broadcast, OTT, and social media. Playout automation systems that support multiplatform content delivery are in high demand to meet the evolving needs of audiences.
Technological Advancements:
Continuous technological advancements, such as cloud computing, IP-based workflows, virtualization, and AI, are fueling innovation in playout automation systems. These advancements enable broadcasters to adopt more flexible, scalable, and cost-effective solutions, driving market growth.
Globalization of Media Distribution:
The globalization of media distribution has led to an increase in the number of channels and content localization requirements. Playout automation systems that support multilingual content, regionalization, and compliance with local regulations are essential for broadcasters expanding into new markets, driving market growth.
Growing Adoption of OTT and VOD Services:
The growing popularity of OTT and VOD services is driving the demand for playout automation systems that can seamlessly integrate with these platforms. Broadcasters are investing in solutions that enable efficient content delivery across both traditional broadcast and digital distribution channels to reach a broader audience.
Cost Reduction and Operational Efficiency:
Playout automation systems help broadcasters reduce operational costs and improve efficiency by optimizing resource utilization, minimizing downtime, and streamlining workflows. As broadcasters seek to maximize ROI and stay competitive in the market, the demand for cost-effective automation solutions is expected to grow.
Increasing Focus on Viewer Engagement:
Broadcasters are increasingly focusing on enhancing viewer engagement through personalized content delivery, interactive features, and real-time data integration. Playout automation systems that offer advanced graphics, dynamic branding, and audience analytics capabilities are in high demand to drive viewer loyalty and satisfaction.
Emerging Markets:
The expansion of the broadcast industry in emerging markets, coupled with rising disposable incomes and increasing television penetration, is driving the adoption of playout automation solutions. As broadcasters in emerging markets modernize their infrastructure and expand their channel offerings, the demand for automation technologies is expected to grow significantly.
These growth factors are driving the expansion of the playout automation and channel-in-a-box market, creating opportunities for vendors to innovate and differentiate their offerings to meet the evolving needs of broadcasters and media organizations.
Playout Automation & Channel-in-a-Box Market Share - Global Industry Landscape
The Playout Automation & Channel-in-a-Box market is characterized by the presence of several key players competing for market share. Some of the leading companies in the Playout Automation & Channel-in-a-Box industry include:
These leading companies offer a wide range of playout automation and channel-in-a-box solutions tailored to the needs of broadcasters, cable operators, and media organizations. Market share figures may vary over time and based on specific regions and market segments.
Grass Valley (US):
Cinegy (US):
Imagine Communications (US):
Avid Technology (US):
PlayBox Neo (Bulgaria):
Veset (Latvia):
Related Reports:
Playout Automation & Channel-in-a-Box Market by Offering (Solutions, Services), Channel Type, Coverage Area (National Broadcasters and International Broadcasters), Channel Application, Vertical and Region - Global Forecast to 2028.
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