The Global Pro AV (Audio-Visual) Market is anticipated to grow by USD 7.92 billion by 2029, with a CAGR of 12.00% during the forecast period. The market report created by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis, and consumer behaviour in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.
Artificial intelligence's impact is just beginning to be
felt across industries ranging from natural language processing and
speech-to-text to machine learning and predictive analytics. Artificial
intelligence is starting to collide with professional AV systems, which are
most useful in conferencing and collaboration. It can assist organisations in
initiating meetings, making video calls, and sharing real-time data when
deployed securely.
Pro AV is an advanced audio-video system integration used
for commercial purposes. Display components, camera, audio components, device,
controller, room scheduler, whiteboard, advanced options such as digital
signage, and other accessories that support it are all used by pro AV. All of
these components work together to improve connectivity and coordination between
offices in two different locations.
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Some of the major
players operating in the pro AV (Audio-Visual) market are:
- Anixter
Inc. (U.S.)
- Wesco
(U.S.)
- AVI
Systems (U.S.)
- AVI-SPL,
LLC (U.S.)
- Biamp
Systems (U.S.)
- CCS
Presentation Systems (U.S.)
- Ford
Audio-Video, LLC (U.S.)
Drivers
Intervention of smart learning in education sector
augments market growth.
Significant growth in the education industry, combined with
rapid urbanisation around the world, is one of the key factors driving the
market's positive outlook. Pro AV is widely used in smart learning systems in
schools, universities, and other academic and research institutions that employ
multi-touch high-definition (HD) televisions (TVs).
They improve in-class experience by enhancing real-time
blended teaching and learning and augmenting visualisation and creativity. As a
result, professional AVs are installed in shopping malls, exhibition halls,
hotels, and stadiums to attract consumers' attention and influence their
purchasing decisions, thereby promoting market growth.
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The rapid advancements in the digital signage
systems
The use of digital signage systems to increase sales and
target the right audience is growing in industries such as retail. The growing
popularity of interactive digital signage systems is assisting businesses with
growing content. Interactive digital signage systems have various applications
in corporate offices, stadiums, retail, transportation, exhibition halls, and
other public places. One of the most important systems for digital signage is
pro AV. With the growth of digital signage systems, demand for pro AV products
is expected to rise during the forecast period.
COVID-19 Impact on Pro AV (Audio-Visual) Market
The COVID-19 pandemic has had a limited impact on the pro AV
markets. This is due to the fact that demand for pro AV is higher in some
sectors, such as education, healthcare, and others; however, demand has
decreased in industries such as transportation, media and entertainment, and
government, among others.
Global Pro AV (Audio-Visual) Market Scope
Type
- Displays
- AV
Acquisition and Delivery
- Projectors
- Sound
Reinforcement
- Conferencing
- Others
Application
- Home
Use
- Commercial
- Education
- Retail
- Other
Distribution channel
- Direct
sales
- Distributors
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Pro AV (Audio-Visual) Market Regional Analysis/Insights
The countries covered in the pro AV (Audio-Visual) market
report are:
U.S., Canada and
Mexico in North America, Germany, France, U.K., Netherlands, Switzerland,
Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,
India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,
Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi
Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of
South America as part of South America.
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