Pro AV Market, By Type (Products and Services), By Distribution Channel (Direct Sales and Distributor), By End User (Home Use, Commercial, Education, Government, and Hospitality/Retail), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Pro AV is an advanced audio-video system that enables the seamless communication. Pro AV uses various components such as display components, camera, audio components, computer, controller, room scheduler, companion whiteboard, advanced options such as digital signage, and other supporting accessories. All these components are connected with the internet to provide a seamless experience in meetings and conferences. Due to high-quality communication Pro AV products are used in various industries such as education, hospitality retail, and others.
Pro AV is rapidly adopted in the retail industry, as it provides better opportunities to the business. For instance, an interactive touch display, which enables quick order placing and payment option is used in retail industry. These systems are adopted by various food retail chains such as Domino’s, Burger King, and others. The increasing demand for Pro AV products in the retail and food industry is driving the global Pro AV market growth over the forecast period.
Furthermore, the Pro AV market is expected to grow rapidly in the Asia Pacific region, as emerging economies in Asia Pacific region such as India and China are taking initiatives to provide better quality smart education to students. For instance, according to a report by India Brand Equity Foundation, the government of India took several initiatives such as Pradhan Mantri Gramin Saksharta Abhiyan (in October 2017), skill India (July 2015), and others. Moreover, the K-12 market is rapidly growing in the Asia Pacific region. According to Coherent Market Insights’ analysis, K-12 market is expected to reach 25 billion by the end of 2022. Thus, increasing government initiatives and growing K-12 industry in the Asia Pacific region are expected to provide a lot of opportunities to the key players.
Key features of the study:
This report provides an in-depth analysis of the global Pro AV market and provides market size (US$ billion) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global Pro AV market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global Pro AV market include Anixter International Inc., AVI Systems Inc., AVI-SPL Inc., CCS Presentation Systems, Diversified, Ford Audio-Video LLC, New Era Technology, Telerent Leasing Corp., Unified Technology Systems, Vistacom Inc., Biamp Systems, proAV Limited, Professional Audio Visual Ltd., and others
The market players are focusing on strategic collaborations to launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global Pro AV market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Pro AV market
Global Pro AV Market, By Type:
Global Pro AV Market, By Distribution Channel:
Global Pro AV Market, By End User:
Global Pro AV Market, By Region:
Middle East and Africa
Anixter International Inc.*
AVI Systems Inc.
CCS Presentation Systems
Ford Audio-Video LLC
New Era Technology
Telerent Leasing Corp.
Unified Technology Systems
Professional Audio Visual Ltd.
*Browse all the market data tables and figures on “Global Pro AV Market- Forecast to 2027”
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