Broadcast Infrastructure Market Size, Trends and Growth Analysis by 2027

The broadcast infrastructure sector was valued at approximately US$ 4,363.4 million in 2019 and is anticipated to grow to US$ 7,345.1 million by 2027, reflecting a compound annual growth rate (CAGR) of 7.3% from 2020 to 2027.

The surge in the adoption of innovative broadcasting technologies and the transition from traditional hardware to software-centric infrastructures are pivotal factors propelling the global broadcast infrastructure market. Additionally, the escalating demand for digital terrestrial television and the growing popularity of live broadcasting services are expected to further stimulate market growth in the upcoming years. Nevertheless, the intricate nature of integrating hardware and software solutions, along with potential failures in broadcasting systems, may pose challenges to the expansion of the broadcast infrastructure market.

The competitive landscape of the broadcast infrastructure market is characterized by a race to develop cutting-edge broadcasting solutions. For example, Harmonic has made significant strides in this sector by introducing its Spectrum Media Server Solutions. This offering provides a modular platform that facilitates rapid modifications and streamlining of playout workflows through channel-in-a-box solutions. The modules can be added incrementally, allowing Spectrum systems to be tailored to specific needs regarding channel counts and video compression formats. When additional capacity is required, extra MediaPort 7000 modules can be integrated without disrupting the existing system.

The broadcast infrastructure market is categorized by components, technology, applications, and geographical regions. In terms of components, the market is divided into hardware, software, and services. As of 2019, the software segment dominated the global broadcast infrastructure market. Regarding technology, the market is split between digital and analog broadcasting, with digital broadcasting projected to be the fastest-growing segment during the forecast period. In terms of applications, the market encompasses OTT, terrestrial, satellite, IPTV, and other categories, with the terrestrial segment accounting for a significant share in 2019. Geographically, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and South America (SAM), with Asia Pacific expected to experience the highest growth rate in the forecast period.

The overall size of the broadcast infrastructure market has been determined through a combination of primary and secondary research methods. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data relevant to the market. This approach also aims to provide an overview and forecast of the broadcast infrastructure market across all segments. Furthermore, it offers insights and projections for the global broadcast infrastructure market based on the various segments across five key regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Additionally, primary interviews were conducted with industry stakeholders and experts to validate the data and gain deeper analytical insights into the subject matter. Participants in this process typically include industry professionals such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the broadcast infrastructure domain.

Several prominent companies operating within the global broadcast infrastructure market include Cisco Systems, Inc.; Clyde Broadcast Technology; CS Computer Systems Ltd.; Dacast Inc.; EVS Broadcast Equipment SA; Grass Valley; Kaltura; Nevion; Ross Video Ltd; and Zixi, among others.