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.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
Asia-Pacific Broadcast Switchers Market Report Segment
By Product Type
By Application
Asia-Pacific Broadcast Switchers Market Report Segment
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