Growing Entertainment Industry to drive the European Broadcast Switchers Market

Published: Oct 2020

European broadcast switchers market is anticipated to showcase a CAGR of 7.6% during the forecast period (2020-2026).  The key factors that drive the growth of the broadcast switchers market include the growing demand for broadcast switchers in the entertainment industry of the region.  The European entertainment industry is growing at a significant rate, and UK, Germany, France, and Spain are major economies contributing to the European entertainment industry. In the European entertainment industry, the online video streaming industry is growing at an exponential rate in the region. Amazon, Netflix, Roku, and Apple TV are some of the major companies contributing to the European online video streaming. 

Browse the full report description of "European Broadcast Switchers Market Size, Share & Trends Analysis Report by Product (Master Control Switchers, Production Switchers, Routing Switchers) by Application (Sports Broadcasting, News Production, Post Production, and Studio Production) Forecast Period (2020-2026)" at https://www.omrglobal.com/industry-reports/european-broadcast-switchers-market

According to the European Audiovisual Observatory, the subscription video-on-demand is growing at a faster rate in Europe as compared to the US. Also, the fast-growing online video advertising format is likely to further reinforce the internet’s competitive advantage. Even amidst the economic crisis around the globe, the online video streaming industry is growing at a must faster pace. YouTube and Netflix have reduced the quality of its videos to cater to the increased usage of the apps after the outbreak of the COVID-19 pandemic.The high demand for High Definition (HD) and 4K resolutions from both viewers’ and producers’ sidesto maintain the quality of the streaming videos is creating a high demand for the broadcast switchers in the region.  

Market Coverage

  • The market number available for – 2019-2026-
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type, Application
  • Regions Covered- Europe
  • Competitive Landscape- Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Blackmagic Design Pty, Ltd., ETL Systems, Ltd., EVS Broadcast Equipment SA, IHSE GmbH, and others

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?

European 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 

European Broadcast Switchers Market Report Segment

  • UK
  • Germany 
  • France
  • Italy
  • Spain
  • Rest of Europe

To learn more about this report request a free sample copy @  https://www.omrglobal.com/request-sample/european-broadcast-switchers-market