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