Middle East & Africa Audio Visual Hardware Market Size & Outlook
Middle East & Africa audio visual hardware market, 2018-2030 (US$M)
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MEA audio visual hardware market highlights
- The MEA audio visual hardware market generated a revenue of USD 21,007.0 million in 2023.
- The market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating type in 2023.
- Digital Signal Management (DSM) is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 21,007.0 million |
| Market revenue in 2030 | USD 28,463.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Digital Signal Management (DSM) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Digital Signal Management (DSM), Cables and connectors |
| Key market players worldwide | Amphenol Corp Class A, ITOCHU Corp, Belden Inc, Corning Inc, Harman International, LG Chem, Samsung Electronics Co Ltd, Sony Group Corp, Heico Corp, TE Connectivity Ltd, WESCO International Inc, Black Box, AVI Systems, CCS Presentation Systems, Conference Technologies, Electrosonic, Ford Audio-Video, Solotech |
Other key industry trends
- In terms of revenue, MEA region accounted for 8.2% of the global audio visual hardware market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 106,315.8 million by 2030.
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Audio Visual Hardware Market Scope
Audio Visual Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa audio visual hardware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to audio visual hardware market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 77.26% in 2023. Horizon Databook has segmented the Middle East & Africa audio visual hardware market based on equipment, digital signal management (dsm), cables and connectors covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa audio visual hardware market databook
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Our clientele includes a mix of audio visual hardware market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa audio visual hardware market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa audio visual hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA audio visual hardware market size, by country, 2018-2030 (US$M)
Middle East & Africa Audio Visual Hardware Market Share, 2023 & 2030 (US$M)
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