Pro AV Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

Global Pro AV market is likely to post an incremental growth of $ 90.51 billion, accelerating at a CAGR of almost 7.31% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.

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Pro AV Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Type (Products and Services) and Geography (APAC, North America, Europe, South America, and MEA).
• 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 further boost the demand for Pro AV products and services.
• 41% of the market 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 report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Pro AV Market size.

Pro AV Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Increased use of digital signage will be a significant factor in driving the growth of the Pro AV Market. Signages are the primary tools used by corporates and businesses to display content they seek to convey to their target audiences. The retail industry is one of the key segments witnessing intensive adoption of digital signage systems to influence the buying behavior of the target audience. 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 training for pro AV equipment is another factor supporting the Pro AV market share growth. Established vendors of pro AV equipment train users on the use of such equipment; this trend is expected to gain traction during the forecast period. For instance, Seiko Epson Corp. offers a program, which helps engineers, operators, and sales personnel develop expertise in Epson’s latest AV technology. 
• Increased emphasis on one-on-one learning is a hurdle that needs to be crossed on the path to success. 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. However, smart business practices in terms of development of innovative products and pricing strategies to target niche audiences can be employed to help mitigate such issues.

Pro AV Market: Vendor Analysis

• The market is fragmented.
• 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. are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Pro AV Market Split by Type
  • Products
  • Services
• Pro AV Market Split by Geography
  • APAC
  • North America
  • Europe
  • South America
  • MEA

Customer landscape

• Customer landscape

Geographic Landscape

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

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• 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.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of almost 7.31%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 90.51 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increased use of digital signage will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   41% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by Type (Products and Services) and Geography (APAC, North America, Europe, South America, and MEA)