The playout automation & channel-in-a-box market is expected to grow from USD 831.2 Million in 2015 to USD 1.746 Billion by 2020, at a CAGR of 16.0% from 2015 to 2020
Broadcasters have been shifting their focus to highly advanced playout automation & channel-in-a-box solutions, considering the increase in the number of private channels. These solutions ease operational complexities, improve channel presentation, and reduce cost of ownership.
In 2015, the news segment registered the largest market share, followed by the sports segment in the playout automation & channel-in-a-box market. This large share is mainly attributed to the increasing adoption of playout automation software and solutions, which helps in the management of content delivered to end users.
The broadcasters focus on channel broadcasting and playout automation solutions, as it reduces power consumption, saves costs, and integrates varied functionalities. These solutions also help eliminate the usage of large manual systems. However, it is crucial to use the right solutions for new technologies, along with complex integration of graphics.
Increasing number of channels and fierce competition to enhance channel presentation provide huge opportunities in the global playout automation & channel-in-a-box market. In the playout automation market, the international broadcasters segment accounted for the largest market share; however, the national broadcasters segment is expected to grow at the highest CAGR during the forecast period. Moreover, in the channel-in-a-box market, the international broadcasters segment accounted for the largest market share and is estimated to grow at a high CAGR from 2015 to 2020.
This growth is mainly attributed to the fact that channel-in-a-box solutions are required to manage and handle large volumes of content of higher complexity. This has further given rise to the overall demand of channel-in-a-box solutions, especially in the international broadcasters segment.
Key market players such as Harmonic, Inc., Pebble Beach Systems, Grass Valley USA LLC, and Cinegy LLC have adopted acquisition, as an eminent growth strategy to expand their client base and enter new markets with their improved solution capabilities.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Playout Automation & Channel-In-A-Box Market Analysis,By End User
8 Playout Automation & Channel-In-A-Box Market Analysis,By Channel Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
12 Key Innovators
- Cinegy Llc
- Evertz Microsystems, Ltd
- Florical Systems
- Grass Valley Usa Llc
- Harmonic, Inc.
- Imagine Communications Corp.
- Pebble Beach Systems
- Pixel Power Ltd.
- Playbox Technology
- Snell Limited
For more information visit http://www.researchandmarkets.com/research/kdjpgt/playout
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-playout-automation--channel-in-a-box-market-2016-2020---increased-need-for-improved-channel-presentation-ease-of-operations-reduced-cost-of-ownership-drives-the-market---research-and-markets-300283142.html
SOURCE Research and Markets