At 14.9% CAGR, the Europe Live IP Broadcasting Equipment Market is projected to be worth US$ 813.00 million by 2030, says Business Market Insights

According to Business Market Insights research, the Europe Live IP Broadcasting Equipment market was valued at US$ 267.59 million in 2022 and is expected to reach US$ 813.00 million by 2030, registering a CAGR of 14.9% from 2022 to 2030. Growth in 5G infrastructure and increasing adoption of smart devices are the critical factors attributed to the Europe live IP broadcasting equipment market expansion.

Increasing adoption of smart devices and better access to higher internet speeds are anticipated to create lucrative opportunities for the Europe live IP broadcasting equipment market. The increasing penetration of tablets, smartphones, smart TVs, and other connected devices has provided users with more avenues to access live streaming services. Thus, the increasing adoption of smart devices is expected to pave growth opportunities for the Europe live IP broadcasting equipment market growth during the forecast period.

The availability of high-speed internet connections, such as broadband and 4G/5G mobile networks, is expected to play a vital role in enabling seamless streaming experiences. According to Cisco Systems, North America will likely have the highest internet adoption rate during the forecast period, followed by Western Europe. Faster internet speeds aid in reduced buffering times, smoother playback, and the ability to stream UHD and HD content. It is expected to significantly enhance the overall user experience and contribute to the growing popularity of live-streaming services during the forecast period. Therefore, growth in 5G infrastructure and increasing adoption of smart devices are expected to supplement Europe live IP broadcasting equipment market growth during the forecast period.

On the contrary, government-imposed rules and regulations hampers the Europe live IP broadcasting equipment market.

Based on product type, the Europe live IP broadcasting equipment market is segmented into routers and switches, transmitter and gap fillers, encoders and converter, video servers, antennas, amplifiers, modulators and repeaters, and others. The routers and switches segment held 27.1% share of Europe live IP broadcasting equipment market in 2022, amassing US$ 72.48 million. It is projected to garner US$ 253.94 million by 2030 to expand at 17.0% CAGR during 2022–2030.   

Based on application, the Europe live IP broadcasting equipment market is segmented into broadcast production centers, broadcast stadiums, and outside broadcast vans. The broadcast production centers segment held 44.8% share of Europe live IP broadcasting equipment market in 2022, amassing US$ 119.90 million. It is projected to garner US$ 393.17 million by 2030 to expand at 16.0% CAGR during 2022–2030.

Based on country, the Europe live IP broadcasting equipment market has been categorized into the Germany, UK, France, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 30.1% share of Europe Live IP Broadcasting Equipment market in 2022. It was assessed at US$ 80.47 million in 2022 and is likely to hit US$ 271.41 million by 2030, exhibiting a CAGR of 16.4% during 2022–2030.

Key players operating in the Europe live IP broadcasting equipment market are AJA Video Systems Inc, Imagine Communications, Harmonic Inc, Grass Valley Canada, Sony Group Corp, ROSS VIDEO LTD, EVS Broadcast Equipment SA, Evertz Technologies Ltd, Cisco Systems Inc, and Belden Inc, among others.

• In 2022, In collaboration with Ideal Systems Group, Sony provided Alaraby Television with an IP HD/4K-ready Live Production studio that would be operational in time for the FIFA World Cup Qatar 2022. The signal routing, control, and setup solutions for the IP live production system include Sony's Live System Management (LSM) and IP Control Software. Additionally, Sony offered two XV-S7000 multi-format video switchers, 11 4K HDC-3500 system cameras, and operability for mid-range productions.

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