US broadcast switchers market is anticipated to showcase a moderate CAGR of 8.7% during the forecast period (2020-2026). The prominent factors driving the US broadcast switchers market include the high subscription for video streaming channels, live video games, seminars, sports events, and web broadcasting. The US-based companies such as Netflix, Amazon, and Hulu are generating a large share of their revenue from the US. Netflix is one of the major video streaming service providers in the US which has acquired around 10% of the overall screen time in the US in 2018. The video service providers have added 8.84 million subscribers all across the globe in the last three months of 2018.
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Out of this, around 1.53 million subscribers were reported from the US. The addition in subscriber base in the country is at a saturation level as the company already has its significant penetration in the country. Hence, to increase its revenue, the company had increased the price of its plan by $2 in January 2019. In the first 3 months of 2019, the company added 1.6 million subscriptions in the US alone and 7.3 million outside the US. The high-quality broadcasting requires the use of advanced broadcast switchers to capture data from multiple sources in real-time. Therefore, the high adoption of broadcast switchers in video streaming is anticipated to drive the growth of the US broadcast switchers market.
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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
• Competitive Landscape- Broadcast Pix, Inc., Evertz Microsystems, Ltd., Grass Valley Canada, Ikegami Electronics (U.S.A), Inc., Imagine Communications Corp.
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?
US 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
Company Profiles
• Broadcast Pix, Inc.
• Cisco System, Inc.
• Clyde Broadcast, Inc.
• Evertz Microsystems, Ltd.
• Grass Valley Canada
• Harmonic, Inc.
• Harris Corp.
• Ikegami Electronics (U.S.A), Inc.
• Imagine Communications Corp.
• Matrix Switch Corp.
• NewTek, Inc.
• RGB Systems, Inc. dba Extron Electronics
• Ross Video Ltd.
• Sony Corp.
• Utah Scientific, Inc.
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