Global Pro AV Market 2024-2028
The pro AV market is forecasted to grow by USD 134.17 mn during 2023-2028, accelerating at a CAGR of 8.61% during the forecast period. The report on the pro AV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased use of digital signage, rise in popularity of e-learning, and advances in technology.
Technavio's pro AV market is segmented as below:
By Type
By Industry Application
- Entertainment
- Hospitality
- Retail
- Corporate
- Transportation
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the training for pro AV equipment as one of the prime reasons driving the pro AV market growth during the next few years. Also, incorporation of new technologies and transition to mobile platforms will lead to sizable demand in the market.
The report on the pro AV market covers the following areas:
- pro AV market sizing
- pro AV market forecast
- pro AV market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pro AV market vendors that include Applied Electronics Ltd., Arista Networks Inc., Audinate Group Ltd., AVI SPL LLC, AVI Systems, CCS Presentation Systems, Dexon Systems, Diversified, Ford Audio Video LLC, Godrej and Boyce Manufacturing Co. Ltd., ITOCHU Corp., LG Electronics Inc., New Era Technology, pro AV Solutions Pty Ltd., Samsung Electronics Co. Ltd., Semtech Corp., Solutionz Inc., Synergy Measurement Technologies Pvt. Ltd., Vistacom Inc., and WESCO International Inc.. Also, the pro AV market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.