In 2023, the playout automation and channel-in-a-box industry attained revenue of USD 2,887.3 million, which is projected to advance at a rate of 16.0% over the projection period, to touch USD 8,106.4 million by 2030. The rising need for quality content between viewers proposes the development of this branch of business. Thus, the e-learning industry and also online education is rising in demand.
As
many users are seeking for better quality content, this branch is expanding.
Besides that, e-learning and online education are also rising in demand.
The
wayward desire to watch the most modern streaming video content flings the
likes of Netflix, Amazon Prime and Disney+ into upgrading their audio and video
quality never before like that. By these means, the providers are supported
with a basket of solutions addressing the increasing demands but still
providing the best quality.
Automated playout systems facilitate content transmission
correctly and perform the distribution and transmission processes continually
to match the continually higher demand for video content. Playout automation
and channel-in-a-box solutions can increase the transmission area that covers
national and international broadcasting networks, thus easing content
transmittance everywhere around the world.
The current digital shift, together with the rising need for
content from sectors such as media, entertainment, education, and gaming,
fosters the growth of broadcasting activities.
Key Insights
· The multiple-channel category is expected to witness
the highest CAGR, of 16.5%, during the forecast period.
· During the projection period, the multiple-channel
category is projected to advance at a CAGR of 16.5%.
· The growing need for entertainment and news
worldwide is propelling the acceptance of multiple-channel platforms.
· Such platforms provide varied content to entice
audiences with different interests.
· Numerous channels enable broadcasting content
throughout different regions, increasing the audience reach.
· Partnerships with well-known international
broadcasters improve credibility and worldwide existence, propelling industry
development.
· Sports is estimated to have a CAGR of 16.8% in the
projection period, making it the fastest-rising category.
· The growing popularity of sports worldwide,
propelled by populace development, financial prosperity, and technical
improvements, contributes to this development.
· Automation in sports broadcasting advances the
viewing experience and decreases error rates.
· The cloud category is projected to advance quickly
because of its shortage of physical infrastructure requirements.
· Cloud-based solutions provide simple access through
online servers, removing the requirement for on-site hardware.
· High scalability in cloud platforms lets
establishments adjust resources based on demand, easing quick responses without
substantial changes in hardware or software.
· In the coming years, the education and corporate
category will witness the highest CAGR of 16.6%.
· Playout automation and channel-in-a-box solutions
are enhancing information quality for students, teachers, and corporate
employees.
· In 2023, the North American region dominated the
playout automation and channel-in-a-box industry, propelled by rising
broadcasting businesses and digital platform integration.
· Major propellers include technical improvements, competitive pressures, demand expansion, shifting customer preferences, and supportive economic conditions.
· Asia-Pacific (APAC) is expected to be the fastest-growing market, with a CAGR of 16.6% from 2024 to 2030.
