An Middle East & Africa Live IP Broadcasting Equipment Market Forecast to 2030 - Regional Analysis - by Product Type (Routers and Switches, Transmitter and Gap Fillers, Encoders and Converter, Video Servers

Middle East & Africa Live IP Broadcasting Equipment Market Forecast to 2030 - Regional Analysis - by Product Type (Routers and Switches, Transmitter and Gap Fillers, Encoders and Converter, Video Servers, Antennas, Amplifiers, Modulators and Repeaters, and Others) and Application (Broadcast Production Centers, Broadcast Stadiums, and Outside Broadcast Vans)

The Middle East & Africa live IP broadcasting equipment market is expected to grow from US$ 82.84 million in 2022 to US$ 211.57 million by 2030. It is estimated to grow at a CAGR of 12.4% from 2022 to 2030.

Increasing demand for Live Streaming from Numerous Industries in Middle East & Africa Live IP Broadcasting Equipment Market

Broadcasting has traditionally required an enormous investment in equipment and resources, including recorders and cameras, editing, broadcasting solutions, playback and recording equipment, infrastructure, and a large workforce to supervise the complete process. With the rapid shift of viewers from television to digital world, remaining competitive in broadcast media is challenging but essential for long-term viability. Providing broadcasters with the tools to provide UHD/HDR content more efficiently across several platforms is now necessary. Over the past few years, live streaming existed across numerous consumer platforms. For instance, the fitness industry is emerging as a prominent live-streaming user. The pandemic-induced quarantines in 2020 saw a sharp uptick in usage. Live broadcasts can also improve and grow direct engagement with customers and community-based partnerships, further propelling the Middle East & Africa live IP broadcasting equipment market growth. Thus, the demand for live streaming from numerous industries is likely to increase during the forecast period.

Middle East & Africa Live IP Broadcasting Equipment Market Overview

The live IP broadcasting equipment market in the Middle East & Africa (MEA) is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The region has experienced a rapid penetration of Internet connectivity over the years. Various government bodies have also increased their initiatives to promote the adoption of digital technologies across all industry sectors, including media & entertainment, to boost their efficiency and propel their competitiveness in the global market. Digitalization in broadcasting helps provide better signal quality, increasing resistance to obstruction and picture degradation. A shift toward digital platforms fuels the demand for broadcasting equipment to seamlessly transmit high-quality content over IP networks, which helps broadcasters extend their consumer reach.

The media & entertainment (M&E) industry in the MEA is expanding due to increased Internet penetration, digitalization, and changing consumer preference for OTT platforms. According to a report by the UEA Ministry of Economy on “INVESTING IN MEDIA AND ENTERTAINMENT IN THE UAE,” the UAE entertainment industry is projected to expand at a CAGR of 9.0% from 2021 to 2028, and ~50% of users in the Middle East and North Africa (MENA) stream music daily via digital streaming platforms. These digital streaming platforms also stream live sports, news, live TV channels, and events, which indicates the high demand for broadcast equipment in this industry. A few of the major players in the broadcasting industry in this region are Abu Dhabi Media (ADM), Shahid, and Dubai Media Inc. Thus, a strong M&E industry in the region demands high-quality content and live broadcasting, generating the need for equipment and components to deliver the content over several networks, which fuels the demand for live IP broadcasting equipment in the MEA.

Middle East & Africa Live IP Broadcasting Equipment Market Revenue and Forecast To 2030 (Us$ Million)

Middle East & Africa Live IP Broadcasting Equipment Market Segmentation

The Middle East & Africa live IP broadcasting equipment market is segmented into product type, application, and country.

Based on product type, the Middle East & Africa live IP broadcasting equipment market is segmented into routers and switches, transmitter and gap fillers, encoders and converter, video servers, antennas, amplifiers, modulators and repeaters, and others. The routers and switches segment held the largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.

Based on application, the Middle East & Africa live IP broadcasting equipment market is segmented into broadcast production centers, broadcast stadiums, and outside broadcast vans. The broadcast production centers segment held largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.

Based on country, the Middle East & Africa live IP broadcasting equipment market is segmented int o the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. UAE dominated the Middle East & Africa live IP broadcasting equipment market in 2022.

AJA Video Systems Inc, Imagine Communications, Harmonic Inc, Grass Valley Canada, Sony Group Corp, EVS Broadcast Equipment SA, Evertz Technologies Ltd, Cisco Systems Inc, and Belden Inc, are some of the leading companies operating in the Middle East & Africa live IP broadcasting equipment market.

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