Professional video market grows 52%
April 7, 2014
Culminating a dramatic six-year period of growth, the global market for professional broadcast equipment and services reached $63 billion in 2013, up 52 per cent from $41 billion in 2007, according to findings from the IHS Technology Professional Video Research practice.
The rapid growth has been driven by a significant rise in shipments of customer-premises equipment (CPE) fuelled by the digitisation of pay TV subscribers. The market’s expansion also has been propelled by a rise in transport services, driven by
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