DUBLIN, September 28, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Pro AV Market 2016-2020" report to their offering.
The report forecasts the global pro AV market to grow at a CAGR of 11.75% during the period 2016-2020.
Transition to mobile platform is an important trend gaining traction in the market. With the growing connectivity, mobile technology has become a part of the modern lifestyle. The next stage in the pro AV industry is the transition to the mobile platform. There is a growing demand for anywhere, anyplace, any device connectivity. This has led the Pro AV vendors to explore the benefits of transforming to mobile platform. During the forecast period, it is expected that more than 60% of the vendors will start adopting the mobile platform. This trend will drive the market during the forecast period as the mobile platform will provide the users the convenience of access from anywhere. This will enable many more industries and the existing players in various industries to adopt pro AV equipment and services.
According to the report, increased demand for controlled systems is a major driver contributing to this market's growth. As the AV technology develops, most of the AV devices are interconnected with the process automation. Control systems take control of all the connected AV equipment and other related accessories like display screens, PCs, microphones, lights, and cameras. Control systems are designed to simplify the AV process so that the meetings, events, and other collaborations that are inter dependent run seamlessly. The demand for controlled meeting and teaching spaces has increased in corporate, education, government, and other end-user segments, With the controlled systems in place, all the connected pro AV equipment can be operated with ease. For instance, during a board meeting before the presentation, a one-touch command system can close the screens and drapes, dims lights and manages ventilation, automatically select the input device, and start the presentation and project it using a display device.
Further, the report states that low replacement cycle is a major challenge this market is facing.
- Advanced AV
- Technical Innovation
- Unified AV
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market segmentation by product
PART 08: Market segmentation by services
PART 09: Market segmentation by end-user
PART 10: Geographical segmentation
PART 11: Key leading countries
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/dq4nt2/global_pro_av
Laura Wood, Senior Manager
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SOURCE Research and Markets