Sport Broadcasting Technology Trends and Forecast
The future of the global sport broadcasting technology market looks promising with opportunities in the broadcaster, studio & content developer, and distributor markets. The global sport broadcasting technology market is expected to reach an estimated $112.8 billion by 2030 with a CAGR of 5.7% from 2024 to 2030. The major drivers for this market are swift advancements in technology for sports streaming and broadcasting, growing demand for live sports content, including major sporting events, and rise of mobile devices and online streaming platforms.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sport Broadcasting Technology by Segment
The study includes a forecast for the global sport broadcasting technology by component, technology, platform, end use, and region.
Sport Broadcasting Technology Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Solutions
• Services
Sport Broadcasting Technology Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Analog
• Digital
Sport Broadcasting Technology Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• OTT
• Radio
• Television
Sport Broadcasting Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Broadcaster
• Studios & Content Developer
• Distributors
Sport Broadcasting Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sport Broadcasting Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sport broadcasting technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sport broadcasting technology companies profiled in this report include-
• Broadcast Electronics
• Belden
• ETL System
• NEC Corporation
• Rohde & Schwarz
• OMB Broadcast
• Global Invacom
• VSN Video Stream Networks
• IBM Corporation
• Evertz Microsystems
Sport Broadcasting Technology Market Insights
Lucintel forecasts that television is expected to witness the highest growth over the forecast period because the developing state-of-the-art and high-quality displays, viewers get an immersive experience while watching sporting events.
Within this market, broadcasters will remain the largest segment due to rising need for sports activities, content broadcasters are investing largely in new technology and gadgets to meet the expectations of audiences.
North America is expected to witness highest growth over the forecast period due to growing need for excellent sports programming, rising popularity of various sporting events, and developments in broadcasting technology in the region.
Features of the Global Sport Broadcasting Technology Market
Market Size Estimates: Sport broadcasting technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sport broadcasting technology market size by component, technology, platform, end use, and region in terms of value ($B).
Regional Analysis: Sport broadcasting technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component, technology, platform, end use, and regions for the sport broadcasting technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sport broadcasting technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sport broadcasting technology market size?
Answer: The global sport broadcasting technology market is expected to reach an estimated $112.8 billion by 2030.
Q2. What is the growth forecast for sport broadcasting technology market?
Answer: The global sport broadcasting technology market is expected to grow with a CAGR of 5.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sport broadcasting technology market?
Answer: The major drivers for this market are swift advancements in technology for sports streaming and broadcasting, growing demand for live sports content, including major sporting events, and rise of mobile devices and online streaming platforms.
Q4. What are the major segments for sport broadcasting technology market?
Answer: The future of the global sport broadcasting technology market looks promising with opportunities in the broadcaster, studio & content developer, and distributor markets.
Q5. Who are the key sport broadcasting technology market companies?
Answer: Some of the key sport broadcasting technology companies are as follows:
• Broadcast Electronics
• Belden
• ETL System
• NEC Corporation
• Rohde & Schwarz
• OMB Broadcast
• Global Invacom
• VSN Video Stream Networks
• IBM Corporation
• Evertz Microsystems
Q6. Which sport broadcasting technology market segment will be the largest in future?
Answer: Lucintel forecasts that television is expected to witness the highest growth over the forecast period because the developing state-of-the-art and high-quality displays, viewers get an immersive experience while watching sporting events.
Q7. In sport broadcasting technology market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing need for excellent sports programming, rising popularity of various sporting events, and developments in broadcasting technology in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sport broadcasting technology market by component (solutions and services), technology (analog and digital), platform (OTT, radio, and television), end use (broadcaster, studios & content developer, and distributors), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Sport Broadcasting Technology Market, Sport Broadcasting Technology Market Size, Sport Broadcasting Technology Market Growth, Sport Broadcasting Technology Market Analysis, Sport Broadcasting Technology Market Report, Sport Broadcasting Technology Market Share, Sport Broadcasting Technology Market Trends, Sport Broadcasting Technology Market Forecast, Sport Broadcasting Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.