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Writer's picturebidkar rupesh

Australia’s Pro AV Market Would Expand at a CAGR of 7.3% by 2029

The Australia Pro AV market refers to the professional audio-visual industry in Australia, which includes the design, installation, and integration of audio and visual equipment for various applications such as corporate, education, entertainment, and government sectors. The market is expected to grow in the coming years due to the increasing demand for advanced AV solutions and services, as well as the adoption of new technologies like cloud-based AV systems and video conferencing. Major players in the Australia Pro AV market include AV1, Vast AV, Diversified, and AV Concepts.


The Australia Pro AV (Audio-Visual) market in Australia is expected to expand at a CAGR of 7.3% From 2022 to 2029, Pro AV (Audio-Visual) is becoming more and more in demand, and this trend will continue.

Some of the major key players in the Australia Pro AV (Audio-Visual) market are:

  • Roland Corporation,

  • AVI SYSTEMS,

  • Biamp Systems,

  • Avidex Industries,

  • New Era Technology,

  • Panasonic Connect Co., Ltd.,

  • Lenovo,

  • Sennheiser electronic GmbH & Co. KG,

  • Crestron Electronics, Inc.,

  • ATEN INTERNATIONAL Co., Ltd.,

  • ViewSonic Corporation,

  • Yamaha Corporation,

  • HARMAN International,

Drivers

Artificial Intelligence In Professional AV Systems

Artificial intelligence in recent times has played a vital role in strengthening and transforming industries around the globe. From governmental bodies and large organizations to small online businesses, artificial intelligence (AI) is used by multiple entities worldwide.

Advent Of High-Speed Infrastructure and ATSC 3.0 Technologies

High-speed networks provide a suitable medium capable of quickly transferring/delivering information, communications and entertainment. A high-speed wired/wireless network interface can communicate/have digital bits at high speed. They are making rapid delivery of effective size content such as full motion video or clips like that seen on broadcast, TV cable and satellite television channels.

Opportunity

Rise In Demand For Wireless Professional AV Systems

It’s incredible when you think about the evolution of the network. It wasn’t that long ago that we were frustrated with slow connections, bulky devices and not much. As we move into the age of fast mobile and wireless connections and BYOD, a consumer-grade network will no longer do. We have entered the era of purpose-built digital infrastructures.

More specifically, they are digital media infrastructures. Because no matter if you work in an office environment or deployed unit for the military, there is a high probability that 75% of the traffic on your infrastructure will be media.

Covid-19 Impact on Spain Pro AV (Audio-Visual) Market

COVID-19 has negatively affected the Spain Pro AV (Audio-Visual) market. The supply chain of all the industries has been severely affected, especially the electronic components. Component suppliers are struggling to meet demand, so manufacturers can’t build the products in time, so integrators are facing project delays. End users aren’t getting to use the tools they need to move their organizations forward. Most industries are facing production delays due to these reasons. The spike in demand was met by a fall in supply.

Spain Pro AV (Audio-Visual) Market Scope

Type

  • Product

  • Services

Technology

  • Cloud based

  • Satellite broadcast

  • Virtual

  • Hybrid

Application

  • Corporate

  • Media & entertainment

  • Healthcare

  • Hospitality

  • Others

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