Broadcast Switchers Market Size To Reach $3.52 Billion By 2030

Broadcast Switchers Market Growth & Trends

The global broadcast switchers market size is expected to reach USD 3.52 billion by 2030, registering a CAGR of 5.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Transition to digital from traditional analog technology is expected to propel market growth over the next six years. Changing consumer preferences and favorable regulatory scenarios have led to a high degree of digitization and HD display adoption, which is also expected to be a key market driver over the forecast period. Operational ease during broadcasting and video transmission may favorably impact the market.

Although the standard definition (SD) demand has been decreasing, digitization is expected to fuel 4K and full HD adoption; this is expected to present a sizable opportunity for companies operating in the market. Rising production automation demand is also expected to be a growth driver over the forecast period. Restraints to market growth include the need for standardization as well as the high cost of lighting equipment, cameras, digital audio mixers, etc.

 Request a free sample copy or view report summary: Broadcast Switchers Market Report

Broadcast Switchers Market Report Highlights

• The routing switchers segment dominated the market with a revenue share of 39.5% in 2023 driven by the inclusion of built-in routing functionality, which helps improve signal quality by reducing congestion and ensures high-quality video & audio transmission.

• The studio production segment dominated the market with a revenue share of 31.2% in 2023. The studio productions require multiple camera setups and broadcast switchers provide a seamless switching to create a dynamic and engaging viewing experience.

• North America broadcast switchers market dominated the global market with a revenue share of 34.6% in 2023. North America has a well-established media and entertainment industry; therefore, there is a high demand for innovative broadcast equipment.

Broadcast Switchers Market Segmentation

Grand View Research has segmented the global broadcast switchers market on the basis of product, application, and region:

Broadcast Switchers Product Outlook (Revenue, USD Million, 2018 - 2030)

• Master Control Switchers

• Production Switchers

• Routing Switchers

Broadcast Switchers Application Outlook (Revenue, USD Million, 2018 - 2030)

• News Production

• Sports Production

• Post Production

• Production Trucks

• Studio Production

• Others

Broadcast Switchers Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Broadcast Switchers Market

• Blackmagic Design Pty. Ltd.

• Broadcast Pix, Inc.

• Amazon Web Services, Inc.

• Evertz

• FOR-A Company, Limited

• Grass Valley Canada

• Imagine Communications

• Ikegami Electronics (U.S.A.) Inc.

• Vizrt

• Panasonic Corporation

• Ross Video LTD.

• Utah Scientific

• Sony Group Corporation

• Sling Media Inc.

• EVS Broadcast Equipment