Claim your 30% discount on Global Market Reports with code ONLINE30. Limited time only.

What Is the Estimated Market Size of the Video Equipment Market In 2029?

The market size for video equipment has seen substantial growth in the last few years. It’s projected to climb from $241.77 billion in 2024 to $253.99 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.1%. Factors contributing to this growth in the past include television broadcasting, the film and entertainment industry, surveillance and security, as well as video conferencing and communication.

The market size for video equipment is anticipated to witness consistent growth in the forthcoming years. The market is projected to reach a value of $296.66 billion by 2029, growing at a compound annual growth rate (CAGR) of 4.0%. Factors contributing to the growth during the forecast period include the advent of 5g and high-definition content, the rise of augmented and virtual reality, the increasing adoption of remote work and education, proliferation of video streaming services, internet of things and surveillance. Key trends shaping the forecast period are 8k and high-resolution video, the popularity of compact and portable solutions, the integration of artificial intelligence and machine learning, the surge in live streaming and user-generated content, and the emphasis on sustainability and eco-friendly practices.

Download a free sample to assess the report’s scope and structure:

https://www.thebusinessresearchcompany.com/sample.aspx?id=115&type=smp

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Video Equipment Market?

The video equipment market was largely propelled by an increase in disposable incomes. This surge was primarily triggered by economic expansion and the growth of the middle class in developing nations like China, India, and Brazil. For example, the Office of National Statistics, a UK-based executive office of the Statistics Authority, reported in an article in September 2024 that the UK witnessed a 6.3% rise in gross disposable household income (GDHI) in 2022 compared to the previous year. This boost in earnings considerably augmented disposable incomes in emerging markets, thereby escalating the demand for consumer electronic products such as televisions and home theatre systems.

Which Key Market Segments Comprise the Video Equipment Market and Drive Its Revenue Growth?

The video equipment market covered in this report is segmented –

1) By Product Type: Television, Video Cameras, Video Players

2) By Application: Online, Offline

3) By End Use Industry: B2B, B2C

Subsegments:

1) By Television: LED TV, OLED TV, QLED TV, Smart TV, Plasma TV, 4K/8K UHD TV

2) By Video Cameras: Digital Video Cameras, Camcorders, Action Cameras, 360° Cameras, DSLR Video Cameras

3) By Video Players: Blu-ray Players, DVD Players, Streaming Media Players, VHS Players, Portable Media Players

Request customized data on this market:

https://www.thebusinessresearchcompany.com/customise?id=115&type=smp

Which Areas Are Leading Regions in the Video Equipment Market Expansion Across the Globe?

Asia-Pacific was the largest region in the video equipment market in 2023. North America was the second-largest region in the video equipment market. The regions covered in the video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What Are the Key Market Trends in theVideo Equipment Market Over the Coming Years?

Ultra HD TVs are quickly growing in popularity due to their energy efficiency and superior image quality. These TVs, which include 4K and 8K UHDs, offer a minimum resolution of 3840×2160 pixels and have an aspect ratio of 16:9 or wider. The shift from traditional CRT and LCD TVs to Ultra HD TVs has occurred rapidly due to fast-paced technological advancements. For instance, the Office of Communications, a UK government body, revealed in August 2023 that in 2022, individuals over 64 watched 8% less traditional broadcast TV compared to the previous year. Aging viewers are increasingly turning to streaming services, with the use of Disney+ among over-64s online increasing from 7% in 2022 to 12% in 2023. Furthermore, it’s been reported that 34% of global households in developed countries like the UK and US had smart TVs, with sales predicted to dominate by 2026, prompting a surge in demand for ultra-HD 4k and 8k screens.

View the full report here:

https://www.thebusinessresearchcompany.com/report/video-equipment-global-market-report

How Is the Video Equipment Market Conceptually Defined?

Video equipment is defined as an electronic device that can broadcast or receive electromagnetic waves to represent both sound and image.

Purchase the full report and get a swift delivery:

https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=115

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795

Europe +44 7882 955267

Asia & Others +44 7882 955267 & +91 8897263534

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model