South Korea Audio Visual Hardware Market Size & Outlook
South Korea audio visual hardware market, 2018-2030 (US$M)
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South Korea audio visual hardware market highlights
- The South Korea audio visual hardware market generated a revenue of USD 5,688.3 million in 2023 and is expected to reach USD 10,651.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.4% 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.
Audio visual hardware market data book summary
| Market revenue in 2023 | USD 5,688.3 million |
| Market revenue in 2030 | USD 10,651.4 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Digital Signal Management (DSM) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 2.2% of the global audio visual hardware market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China audio visual hardware market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 27,204.9 million by 2030.
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Audio Visual Hardware Market Scope
Audio Visual Hardware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 77.18% in 2023. Horizon Databook has segmented the South Korea 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 South Korea 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 country-level data and insights on the South Korea audio visual hardware market, including forecasts for subscribers. This country databook contains high-level insights into South Korea audio visual hardware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea audio visual hardware market size, by type, 2018-2030 (US$M)
South Korea Audio Visual Hardware Market Share, 2023 & 2030 (US$M)
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