Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
Which Factors Are Fuelling the Global Broadcast And Media Technology Market Growth from 2025 to 2029?
The Broadcast and Media Technology Market size has grown aggressively in recent years from $55.92 billion in 2024 projecting to reach $60.61 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. Factors such as the rise of immersive media and virtual reality, digital transformation, the internet revolution, content on-demand, and mobile and portable devices have fostered this progress. The market size is anticipated to see fast growth, aiming to achieve $99.12 billion in 2029 at a compound annual growth rate (CAGR) of 13.1%. The expansion is expected to be driven by remote production and collaboration tools, regulatory changes and standards, hybrid broadcast-broadband services, cloud-based solutions, rise of AI and machine learning, and content monetization and advertising. Leading trends include streaming dominance, live content and interactivity, personalization and AI, immersive experiences, and remote workflows.
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What Are The Driving Forces Behind The Broadcast And Media Technology Market Growth?
The growth of the broadcast and media technology market is influenced by the surge in the accessibility of media and video streaming. Streaming media is the mechanism of delivering multimedia data from a streaming service provider to an end-user using protocols such as HTTP, TCP/IP, and HTML. A survey by the State of Play report by Nielsen Holdings Inc. in April 2022 showed an 18% rise in Americans’ average weekly time viewing a video between February 2021 and February 2022. The total amount of streamed minutes grew from 143.2 billion to 169.4 billion, indicating an increase in subscription services. Such an increase in media and video streaming consumption is set to propel the broadcast and media technology market growth.
How is the Global Broadcast And Media Technology Market Segmented?
The broadcast and media technology market included in this report is segmented by:
1) Solution Type: Web Content Management, Content Storage Solutions, Editorial And Print Workflow, Media OR Digital Asset Management, Revenue Management, Ad And Data Management, User management
2) Hosting Model Type: Integrated, Standalone
3) End User Type: Broadcasters, Distributors, OTT, IPTV
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Who are the Prominent Players in the Broadcast And Media Technology Market?
Major companies operating in the broadcast and media technology market include Evertz Microsystems Limited, International Business Machines Corporation, Quantum Corporation, Rohde & Schwarz GmbH & Co. KG, Dell Technologies Inc., Amagi Media Labs Private Limited, Zoomph Inc., PHYTunes Inc., Focal Point VR Ltd, Arqiva Limited, Vislink Technologies Inc., C360 Technologies Inc. among others.
What Are Emerging Trends in the Broadcast and Media Technology Market?
Technological advancement is a key trend gaining momentum in the broadcast and technology market with companies focusing on innovative products to meet industry demands and stretch their global reach. For instance, Quantum Corporation, a US-based data storage and management company, launched the Unified Surveillance Platform (USP) in March 2022 to aid video surveillance data recording and storage.
What Does the Geographical Spread of the Broadcast And Media Technology Market Look Like?
North America was the leading region in the broadcast and media technology market in 2024. However, Asia-Pacific is predicted to be the fastest-growing region in the forecast period. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Broadcast And Media Technology Market Report 2025 Offer?
Broadcast and media technology refers to various communication systems that transfer data across long distances using electronic and electromagnetic methodologies. Radio and television broadcasting technology, satellite broadcasting technology, digital cable and satellite television technology, digital terrestrial television, and satellite television technologies are examples of broadcast and media technology. The Broadcast And Media Technology Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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