Pro AV Market to register a growth of USD 90.51 billion |Increased use of Digital Signage is a key driver | Technavio

Pro AV Market key highlights

• Estimated year-on-year growth rate: 6.57%
• Key market segments: Type (products and services) and geography (APAC, North America, Europe, South America, and MEA)
• Key Consumer Region & contribution: APAC at 41%

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Pro AV Market trend

• Training for pro AV equipment
  Established vendors of pro AV equipment can train users on using pro AV equipment. This trend is expected to gain traction during the forecast period. For instance, Seiko Epson Corp. offers a program that helps engineers, operators, and sales personnel develop expertise in Epson's latest AV technology. This is designed to help AV professionals acquire detailed knowledge of Epson's complete range of AV solutions and experience of the arrangement, maintenance, operation, and marketing of these technologies across the pro-AV rental sector.

Training for Pro AV challenge

• Increased emphasis on one-on-one learning
  One-on-one learning technique is used by many educational institutions across the world. This learning methodology enables students to learn at their own pace. The rising popularity of one-on-one learning programs, along with the rise in popularity of homeschooling, will have a negative impact on the growth of the global pro AV market.

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Key market vendor insights

The Pro AV market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Some of the key market vendors are:

• AVI Systems
• AVI-SPL LLC
• CCS Presentation Systems
• Diversified
• Ford Audio-Video LLC
• Godrej and Boyce Manufacturing Co. Ltd.
• New Era Technology
• Solutionz Inc
• Telerent Leasing Corp.
• Vistacom Inc.

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Key Segment Analysis by type

• Products
  The products segment will have significant market share growth during the forecast period. The rise in the number of retail stores has driven the consumption of digital signage that uses Pro AV displays. The increase in the number of multinational corporations worldwide will drive the demand for Pro AV products and services.
  
  
• Services Platform

Regional Market Analysis

APAC will contribute to 41% of the Pro AV market share growth during the forecast period. China and Japan are the major markets for Pro AV market in APAC. The growth of the education sector will drive the Pro AV market growth in APAC during the forecast period.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Products - Market size and forecast 2020-2025
• Services - Market size and forecast 2020-2025
• Market opportunity by Type

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• AVI-SPL LLC
• CCS Presentation Systems
• Diversified
• Ford Audio-Video LLC
• Godrej and Boyce Manufacturing Co. Ltd.
• New Era Technology
• Solutionz Inc
• Telerent Leasing Corp.
• Vistacom Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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SOURCE Technavio