With 4.9% CAGR, Broadcast Equipment Market Growth to Surpass USD 6.3 billion
The global broadcast equipment market was valued at USD 4.6 billion in 2021 and is projected to reach USD 6.3 billion by 2027; it is anticipated to register a CAGR of 4.9% during the forecast period. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=111738599 By technology, the digital broadcasting segment is projected to hold a higher CAGR of broadcast equipment market during the forecast period The digital broadcasting segment is expected to grow at a higher CAGR during the forecast period of the broadcast equipment market. Digital broadcasting is the practice of using digital signals rather than analog signals for broadcasting over radio frequency bands. It has gained widespread traction, especially in digital television such as digital terrestrial television and satellite television. By product type, the encoder segment to hold the largest share of the broadcast equipment market in 2021 In 2021, the encoders segment held the largest share of ...