Global audio-visual hardware market is anticipated to grow at a CAGR of 5.9% during the forecast period (2024-2031). A major factor supporting the growth of the market is the surge in Unified Communication and Collaboration (UCC) solutions, requiring high-quality audio and visuals for remote work, education, and healthcare, UCC's reliance on video conferencing necessitates better webcams, microphones, and displays for clear communication. Features like screen sharing and document editing on UCC platforms work best with high-resolution displays and touchscreens, shift towards remote and hybrid work models compels businesses to invest in UCC and the corresponding A/V equipment for their employees. Additionally, COVID-19 significantly accelerated the adoption of UCC solutions, particularly video conferencing. This trend continues as businesses embrace hybrid and remote work models, requiring investment in high-quality cameras, microphones, and displays
Browse the full report description of “Audio Visual Hardware Market Size, Share & Trends Analysis Report by Type (Equipment, Audio Visual Hardware, Cables & Connectors). by Application (Professional, Consumer).Forecast Period (2024-2031).” at https://www.omrglobal.com/industry-reports/audio-visual-hardware-market
For instance, in June 2023, Apple's technology development group developed the innovative Apple Vision Pro, a compact wearable device that revolutionizes personal computing. The device offers an infinite canvas for apps, allowing users to multitask and enjoy immersive experiences. The Vision Pro also supports Apple arcade games, allowing users to play over 100 games on a screen as large as they want, enhancing their gaming experience.
For instance, in May 2023, Sony Group Corp. launched two new wireless speakers: the SRS-XB100 and the SRS-XV800. The SRS-XV800 is a compact, Bluetooth-enabled speaker designed for use on the go, offering powerful sound and lighting effects.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- HARMAN International, LG Corporation, Samsung Electric Corporation, Solotech Inc., Sony Corporation, Switchcraft, Inc., TE Connectivity, and Wesco International, among others.
Key questions addressed by the report.
Global Audio Visual Hardware Market Report by Segment
By Type
By Application
Global Audio Visual Hardware Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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