Asia-Pacific Broadcast Switchers market is anticipated to showcase a CAGR of 9.5% during the forecast period (2020-2026). Growing digitalization, rising internet penetration, and growing use of smartphones are the major factor driving the market growth of broadcast switchers in Asia-Pacific. Digital India is a flagship program of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. The transition from analog to digital broadcasting along with the growing number of digital channels that leads to the high adoption of HD videos to increase focus on production automation to drive the growth of broadcast switchers in the Asia-Pacific region.
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Further, China is one of the fastest-growing film industries, globally., By 2020, China is expected to exceed North America as the world's largest market in box office revenue. The market has been driven by the cohesive policies and emergence of the new players in the film industry. For instance, Wanda Group, a Chinese property developer, along with AMC Entertainment Holdings Inc. is using its commercial property to build movie theatres; expanded into the upstream film industry with its channel advantage. The growing film industry in the country will create demand for broadcast switchers for high-quality video generation which in turn is anticipated to drive the market growth in the Asia-Pacific region.
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Market Coverage
• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type, Application
• Regions Covered- Asia-Pacific
• Competitive Landscape- Broadcast Blackmagic Design Pty, Ltd., Pix Inc., NEC Corp., Cisco Systems, Inc., Sony Corp., Panasonic Corp., and others
Key questions addressed by the report
• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Asia-Pacific Broadcast Switchers Market Report Segment
By Product Type
• Master Control Switchers
• Production Switchers
• Routing Switchers
By Application
• Sports Broadcasting
• News Production
• Post Production
• Studio Production
Asia-Pacific Broadcast Switchers Market Report Segment
• China
• Japan
• India
• Rest of Asia-Pacific
Company Profiles
• Atomos Pty, Ltd.
• Blackmagic Design Pty. Ltd.
• Broadcast Pix, Inc.
• Cisco Systems, Inc.
• Harris Broadcast, Inc.
• NEC Corp.
• Panasonic Corp.
• Sony Corp.
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