© Prescient & Strategic Intelligence Private Limited. All rights reserved 1 1 Playout Automation and Channel-ina-Box Market Size, Share and Demand Forecast Report, 2024-2030
© Prescient & Strategic Intelligence Private Limited. All rights reserved 2 2 In 2023, the playout automation and channel-in-a-box industry attained revenue of USD 2,887.3 million, which is projected to advance at a rate of 16.0% over the projection period, to touch USD 8,106.4 million by 2030. The rising need for quality content between viewers proposes the development of this branch of business. Thus, the e-learning industry and also online education is rising in demand. With the growth of the demand for quality audio and videos, companies more and more are focusing on the graphics and videos they use. This trend is reflected in gaming, e-learning, entertainment, and multimedia areas. As many users are seeking for better quality content, this branch is expanding. Besides that, elearning and online education are also rising in demand. The wayward desire to watch the most modern streaming video content flings the likes of Netflix, Amazon Prime and Disney+ into upgrading their audio and video quality never before like that. By these means, the providers are supported with a basket of solutions addressing the increasing demands but still providing the best quality. Automated playout systems facilitate content transmission correctly and perform the distribution and transmission processes continually to match the continually higher demand for video content. Playout automation and channel-in-a-box solutions can increase the transmission area that covers national and international broadcasting networks, thus easing content transmittance everywhere around the world. The current digital shift, together with the rising need for content from sectors such as media, entertainment, education, and gaming, fosters the growth of broadcasting activities. Key Insights • The multiple-channel category is expected to witness the highest CAGR, of 16.5%, during the forecast period. • During the projection period, the multiple-channel category is projected to advance at a CAGR of 16.5%. • The growing need for entertainment and news worldwide is propelling the acceptance of multiplechannel platforms. • Such platforms provide varied content to entice audiences with different interests. • Numerous channels enable broadcasting content throughout different regions, increasing the audience reach. • Partnerships with well-known international broadcasters improve credibility and worldwide existence, propelling industry development. • Sports is estimated to have a CAGR of 16.8% in the projection period, making it the fastest-rising category.
© Prescient & Strategic Intelligence Private Limited. All rights reserved 3 3 • The growing popularity of sports worldwide, propelled by populace development, financial prosperity, and technical improvements, contributes to this development. • Automation in sports broadcasting advances the viewing experience and decreases error rates. • The cloud category is projected to advance quickly because of its shortage of physical infrastructure requirements. • Cloud-based solutions provide simple access through online servers, removing the requirement for on-site hardware. Download free sample copy of this report: https://www.psmarketresearch.com/marketanalysis/playout-automation-channel-box-market/report-sample • High scalability in cloud platforms lets establishments adjust resources based on demand, easing quick responses without substantial changes in hardware or software. • In the coming years, the education and corporate category will witness the highest CAGR of 16.6%. • Playout automation and channel-in-a-box solutions are enhancing information quality for students, teachers, and corporate employees. • In 2023, the North American region dominated the playout automation and channel-in-a-box industry, propelled by rising broadcasting businesses and digital platform integration. • Major propellers include technical improvements, competitive pressures, demand expansion, shifting customer preferences, and supportive economic conditions. • Asia-Pacific (APAC) is expected to be the fastest-growing market, with a CAGR of 16.6% from 2024 to 2030.
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