Global Pro AV Market 2018-2022| Products Segment Dominates the Global Market| Technavio
LONDON--(BUSINESS WIRE)--Sep 6, 2018--According to the latest market research report released by Technavio, the global pro AV market is expected to accelerate at a CAGR of almost 11% during the forecast period. The increased use of digital signage is one of the key factors triggering the growth of the market.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180906005601/en/
Technavio has published a new market research report on the global pro AV market from 2018-2022. (Graphic: Business Wire)
This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
The market research analysis categorizes the global pro AV market into the following types:Products Services
In 2017, the products segment accounted for 58% of the global market and is projected to decline to 50% by 2022, exhibiting almost 8% decrease in market share.
Global pro AV market: Top emerging trend
The increased adoption of mobile technologies is an emerging trend in the pro AV market. Indeed, mobile technology has become a vital part of the modern lifestyle, owing to the widespread connectivity. Pro AV vendors are exploring the benefits of transforming to mobile platforms and catering the increasing demand for devices that can establish connections successfully anywhere anytime. More than 60 % of the vendors are likely to adopt mobile platforms during the forecast period. This trend will drive the market growth as mobile platforms will provide users with easy remote accessibility.
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavio’s report provides expert market research on the following topics:
Executive ReportMarket Outline Global Pro AV Market Overview
Market InsightsMarket Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends
Market Segmentation AnalysisRegional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by types (products and services)
Vendor LandscapeVendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (AVI-SPL, AVI Systems, New Era Technology, Unified AV, and Vistacom)
is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at .
View source version on businesswire.com:https://www.businesswire.com/news/home/20180906005601/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
KEYWORD: ASIA PACIFIC
INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY CONSUMER ELECTRONICS HARDWARE INTERNET SOFTWARE AUDIO/VIDEO OTHER TECHNOLOGY GENERAL ENTERTAINMENT
SOURCE: Technavio Research
Copyright Business Wire 2018.
PUB: 09/06/2018 10:18 AM/DISC: 09/06/2018 10:18 AM