Pro AV Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR41314
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The Pro AV market share is expected to increase by USD 90.51 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 7.31%.

This Pro AV market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (products and services) and geography (APAC, North America, Europe, South America, and MEA). The Pro AV market report also offers information on several market vendors, including AVI Systems, AVI-SPL LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej and Boyce Manufacturing Co. Ltd., New Era Technology, Solutionz Inc, Telerent Leasing Corp., and Vistacom Inc. among others.

What will the Pro AV Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Pro AV Market Size for the Forecast Period and Other Important Statistics

 

Pro AV Market: Key Drivers and Trends

The increased use of digital signage is notably driving the Pro AV market growth, although factors such as increased emphasis on one-on-one learning may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the Pro AV industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Pro AV Market Driver

One of the key factors driving growth in the Pro AV market is the increased use of digital signage. Products such as displays and sound reinforcement are used for digital signage. Signages are the primary tools used by corporates and businesses to display content to be conveyed to the target audiences. The retail industry is one of the key segments witnessing the intensive adoption of digital signage systems to influence the buying behavior of the target audience. Another aspect of digital signage is the rise in the popularity of interactive features. Interactive digital signage or touchscreen signage displays have wide applications in retail, corporate offices, transportation, exhibition halls, hotels, stadiums, and in several public spaces. The extensive use of digital signage will drive the demand for Pro AV products and services, which, in turn, will drive market growth.

Key Pro AV Market Challenge

The increased emphasis on one-on-one learning will be a major challenge for the Pro AV market vendors during the forecast period. One-on-one learning is an academic technique used by many educational institutions worldwide. This learning methodology has very few time constraints, and the students can learn at their own pace. One-to-one learning programs are expanding rapidly with global initiatives such as Microsoft’s Anytime Anywhere learning program and One Laptop per Child program. The rising popularity of one-on-one learning programs, along with the rise in popularity of homeschooling, will have a negative impact on the growth of the global pro AV market.

This Pro AV market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Pro AV Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AVI Systems
  • AVI-SPL LLC
  • CCS Presentation Systems
  • Diversified
  • Ford Audio-Video LLC
  • Godrej and Boyce Manufacturing Co. Ltd.
  • New Era Technology
  • Solutionz Inc
  • Telerent Leasing Corp.
  • Vistacom Inc.

 

This statistical study of the Pro AV market encompasses successful business strategies deployed by the key vendors. The Pro AV market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The Pro AV market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Pro AV Market?

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41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for Pro AV in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growth of the education sector will facilitate the Pro AV market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Pro AV Market?

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The Pro AV market share growth by the products segment will be significant during the forecast period. The increase in the number of retail stores has driven the consumption of digital signage that uses Pro AV displays. The increase in the number of multinational corporations worldwide will boost the demand for Pro AV products and services.

This report provides an accurate prediction of the contribution of all the segments to the growth of the Pro AV market size and actionable market insights on post COVID-19 impact on each segment.

 

Pro AV Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.31%

Market growth 2021-2025

$ 90.51 billion

Market structure

Fragmented

YoY growth (%)

6.57

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

US, China, UK, Japan, Canada, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AVI Systems, AVI-SPL LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej and Boyce Manufacturing Co. Ltd., New Era Technology, Solutionz Inc, Telerent Leasing Corp., and Vistacom Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Pro AV Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive Pro AV market growth during the next five years
  • Precise estimation of the Pro AV market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the Pro AV industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Pro AV market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Products - Market size and forecast 2020-2025
    • Services - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AVI-SPL LLC
    • CCS Presentation Systems
    • Diversified
    • Ford Audio-Video LLC
    • Godrej and Boyce Manufacturing Co. Ltd.
    • New Era Technology
    • Solutionz Inc
    • Telerent Leasing Corp.
    • Vistacom Inc.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The pro av market growth will increase by $90.51 billion during 2020-2025.
    The pro av market is expected to grow at a CAGR of 7.31% during 2020-2025.
    Technavio has segmented the pro av market by type (Products and Services) and geographic (APAC, North America, Europe, South America, and MEA).
    AVI Systems, AVI-SPL LLC, CCS Presentation Systems, Diversified, Ford Audio-Video LLC, Godrej and Boyce Manufacturing Co. Ltd., New Era Technology, Solutionz Inc, Telerent Leasing Corp., Vistacom Inc. are a few of the key vendors in the pro av market.
    APAC will register the highest growth rate of 41.27% among the other regions. Therefore, the pro av market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • US
    • China
    • UK
    • Japan
    • Canada
    • Germany
    The key factors driving the pro av market growth are:
    • Increased use of digital signage
    The pro av market vendors should focus on grabbing business opportunities from the products segment as it accounted for the largest market share in the base year.
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