The Global Broadcast and Media Technology Market size is projected to grow at a CAGR of around 8.4% during the forecast period, i.e., 2024-30.

1. Global Broadcast and Media
Technology Market Research
Report: Forecast (2024-2030)
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4. Market Insights
• The Global Broadcast and Media Technology Market size is projected to grow at a CAGR
of around 8.4% during the forecast period, i.e., 2024-30. Rising demand for immersive
experiences, cloud-based solutions, IP-based broadcast infrastructure, 5G network
rollout, evolving media formats, global development of streaming platforms, and other
factors are driving the Global Broadcast and Media Technology Market. 5G technology
implementation is a major driver of the Global Broadcast and Media Technology Market
because 5G has various advantages over previous generations of cellular networks,
including increased bandwidth, lower latency, larger coverage, improved streaming
quality, and so on.

5. Immersive Technologies Gaining Traction – Immersive
technologies like virtual reality (VR) and augmented reality (AR)
are gaining ground in the Global Broadcast and Media Technology
Market. These technologies can change the way we consume and
interact with media content by making it more immersive,
engaging, and interactive. As consumers seek more engaging and
interactive content, the demand for immersive media experiences
such as virtual reality (VR) and augmented reality (AR) is
expanding, the broadcast and media technology companies are
working on solutions for the generation, distribution, and
consumption of immersive media content.
Global Broadcast and Media Technology Market Trend:

6. Market Segmentation of
the Industry
• By Component (Software [On-Premises, Cloud], Services
[Consulting, Support & Maintenance, Managed Services]),
By Solution (Web ContentManagement, Content Storage
Solutions, Editorial and Print Workflow, Media/Digital Asset
Management, Revenue Management, Ad and Data
Management, User Management), By Hosting Model
(Integrated, Standalone [Content Creation/Storage,
Content Distribution]), By End User (Broadcaster
[Terrestrial, Satellite, Cable], Studios & Creators,
Distributors, OTT, IPTV), By Region (North America, South
America, Europe, The Middle East & Africa, Asia-Pacific),

7. Competitive Benchmarking
AVI Systems, Dell Inc., Evertz Microsystems Limited, Grass Valley
USA LLC, Harmonic Inc., IBM Corporation, Quantum Corporation,
Rohde & Schwarz GmbH & Co. KG, VSN Video Stream Networks
S.L., Wide Orbit Inc., Ateme, Clyde Broadcast, Sencore, EVS
Broadcast Equipment, ETL Systems Ltd, Others

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