Data Bridge Market Research analyses that the Pro AV (Audio-Visual) Market was valued at USD 3.2 billion in 2021 and is expected to reach the value of USD 7.92 billion by 2029, at a CAGR of 12.00% during the forecast period.
Industry Analysis
Artificial intelligence's impact is just beginning to be felt across industries ranging from natural language processing and speech-to-text to machine learning and predictive analytics. Artificial intelligence is starting to collide with professional AV systems, which are most useful in conferencing and collaboration. It can assist organisations in initiating meetings, making video calls, and sharing real-time data when deployed securely.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Pro AV is an advanced audio-video system integration used for commercial purposes. Display components, camera, audio components, device, controller, room scheduler, whiteboard, advanced options such as digital signage, and other accessories that support it are all used by pro AV. All of these components work together to improve connectivity and coordination between offices in two different locations.
Global Pro AV (Audio-Visual) Market Scope
The pro AV (Audio-Visual) market is segmented on the basis of type, distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• Displays
• AV Acquisition and Delivery
• Projectors
• Sound Reinforcement
• Conferencing
• Others
Application
• Home Use
• Commercial
• Education
• Government
• Hospitality
• Retail
• Other
Distribution channel
• Direct sales
• Distributors
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Pro AV (Audio-Visual) Market Regional Analysis/Insights
The pro AV (Audio-Visual) market is analysed and market size insights and trends are provided by country, type, distribution channel and application as referenced above.
The countries covered in the pro AV (Audio-Visual) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the pro AV (audio-visual) market due to the prevalence of various market players in the region, whereas Asia-Pacific will grow in the pro AV (audio-visual) market during the forecast period of 2021-2028 due to the adoption of technologically advanced tools in classrooms, increased government initiative, and rising usage of printed signages for commercialization in the e-commerce industry in India and China.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pro AV (Audio-Visual) Market Share Analysis
The pro AV (Audio-Visual) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pro AV (Audio-Visual) market.
Some of the major players operating in the pro AV (Audio-Visual) market are:
• Anixter Inc. (U.S.)
• Wesco (U.S.)
• AVI Systems (U.S.)
• AVI-SPL, LLC (U.S.)
• Biamp Systems (U.S.)
• CCS Presentation Systems (U.S.)
• Ford Audio-Video, LLC (U.S.)
• New ERA Technology (India)
• Pro AV (U.S.)
• Solutionz Inc. (U.S.)
• Telerent Leasing Corp (U.S.)
• ITOCHU International Inc. (China)
• Vistacom Inc. (India)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Pro AV (Audio-Visual) Market by Product & Procedure type
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