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This study on the routers, switchers, and master controls market covers software and hardware point solutions as well as comprehensive, large-scale value based applications that support the video production and broadcasting needs of consumers. The global market generated $656.6 million in 2017, and is expected to grow at a compound annual growth rate (CAGR) of 2.4% to $755.8 million by 2023. The market is driven by product upgrades; IP-fication; international, national, regional, college, and online sporting events; demand from non-broadcasting segments such as education and houses of worship; and consolidation and acquisitions by leading market vendors.
This market insight covers the following:
Geographical Segmentation: The global market has been segmented into North America, Latin America (NALA), Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).
The base year of the study is 2017, with forecasts till 2023. The research highlights key trends impacting the routers, switchers, and master controls market and outlines future implications. These trends include transition to IP-based products, growth of education and houses of worship segments, and the escalating demand for remote production in regional and college sports.
Readers who will benefit from this research include routers, switchers, and master controls vendors, broadcasters, smart TV vendors, device vendors, and any company looking to venture into the market.
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