Growth of Broadcasting Equipment: Fuelled by Technological Advancements and Rising Demand for OTT Services
The broadcasting equipment market has witnessed significant growth, valued at USD 5.517 billion in 2023, with expectations to rise to USD 5.853 billion in 2024. This growth trajectory is further projected to continue, reaching USD 8.86 billion by 2032, with a compound annual growth rate (CAGR) of 5.32% during the forecast period from 2024 to 2032. The market's growth is being driven by a...
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