Growing Video Streaming Industry to Drive the US Broadcast Switchers Market

Published: Oct 2020

US broadcast switchers market is anticipated to showcase a moderate CAGR of 8.7% during the forecast period (2020-2026). The prominent factors driving the US broadcast switchers market include the high subscription for video streaming channels, live video games, seminars, sports events, and web broadcasting. The US-based companies such as Netflix, Amazon, and Hulu are generating a large share of their revenue from the US. Netflix is one of the major video streaming service providers in the US which has acquired around 10% of the overall screen time in the US in 2018. The video service providers have added 8.84 million subscribers all across the globe in the last three months of 2018. 

Browse the full report description of "US Broadcast Switchers Market Size, Share & Trends Analysis Report by Product type (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/us-broadcast-switchers-market

Out of this, around 1.53 million subscribers were reported from the US. The addition in subscriber base in the country is at a saturation level as the company already has its significant penetration in the country. Hence, to increase its revenue, the company had increased the price of its plan by $2 in January 2019. In the first 3 months of 2019, the company added 1.6 million subscriptions in the US alone and 7.3 million outside the US. The high-quality broadcasting requires the use of advanced broadcast switchers to capture data from multiple sources in real-time. Therefore, the high adoption of broadcast switchers in video streaming is anticipated to drive the growth of the US broadcast switchers market.

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type, Application
  • Competitive Landscape- Broadcast Pix, Inc., Evertz Microsystems, Ltd., Grass Valley Canada, Ikegami Electronics (U.S.A), Inc., Imagine Communications Corp. 

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?

US 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 

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