Global Professional AV Systems Market 2023-2029

Global Professional AV Systems Market 2023-2029

Professional audio and video systems, also known as AV (audio & video) systems, have an important place in daily life, making life easier without separating indoors and outdoors. They are among the priority systems requested in hotel, university, and hospital groups and 24/7 crisis centers in addition to the home, office, congress-conference areas and ball-meeting halls. The global professional AV systems market is likely to register a CAGR of over 4.7% with an incremental growth of USD 63.5 billion during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global professional AV systems market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end user, and region. The global market for professional AV systems can be segmented by product: capture and production equipment, services, streaming, storage, and distribution solutions, video projection systems, others. The streaming, storage, and distribution solutions segment held the largest share of the global professional AV systems market in 2022 and is anticipated to hold its share during the forecast period. Professional AV systems market is further segmented by end user: corporate, government, media and entertainment, retail, venues and events, others. Globally, the corporate segment made up the largest share of the professional AV systems market. Based on region, the professional AV systems market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia Pacific was the largest contributor to the global professional AV systems market in 2022.

Market Segmentation

By product: capture and production equipment, services, streaming, storage, and distribution solutions, video projection systems, others

By end user: corporate, government, media and entertainment, retail, venues and events, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading professional AV systems market vendors that include Almo Corporation (Exertis Almo), Arista Corporation, Audinate Group Limited, AVI Systems Inc., AVI-SPL, Inc., Biamp Systems, LLC, CCS Presentation Systems Inc., Conference Technologies Inc. (CTI), Electrosonic, Inc., Ford Audio-Video, LLC, Godrej & Boyce Mfg. Co. Ltd. (G&B), ITOCHU Corporation (Avidex Industries, LLC), New Era Technology, Inc. (Advanced AV, LLC), One Diversified, LLC dba Diversified, Pro AV Solutions Pty. Ltd., proAV Limited, Professional Audio Visual Ltd. (ProAV), Solutionz Inc. (Spinitar Inc., Unified Technology Systems, Inc.), Vistacom, Inc., WESCO International, Inc. (Anixter International Inc.), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global professional AV systems market.
• To classify and forecast the global professional AV systems market based on product, end user, region.
• To identify drivers and challenges for the global professional AV systems market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global professional AV systems market.
• To identify and analyze the profile of leading players operating in the global professional AV systems market.

• Gain a reliable outlook of the global professional AV systems market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.