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Pro AV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global pro AV market reached a value of US$ 2.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2027, exhibiting a CAGR of 4.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Pro audio/visual (AV) refers to an advanced interaction system installed for commercial sharing, advertising and marketing. It is used for electronic displays to deliver videos, web content, graphics and texts in private and public complexes. It consists of lighting and sound devices, digital signages, video conferencing systems, companion whiteboard recording equipment and projector systems. These components aid in improving the overall communication and connectivity between the users and are also used for classrooms, presentations and on-site product demonstrations. As a result, pro AV finds extensive applications across various industries, such as hospitality, education and retail.

 

 
 

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Significant growth in the education industry, along with rapid urbanization across the globe, is one of the key factors creating a positive outlook for the market. Pro AV is widely adopted for smart learning systems in schools, universities and various academic and research institutions, which use multi-touch high-definition (HD) televisions (TVs). They enhance real-time blended teaching and learning and augment visualization and creativity to provide improved in-classroom experience. In line with this, pro AVs are installed in shopping centers, exhibition halls, hotels and stadiums to attract consumers’ attention and influence their buying decisions, thereby favoring the market growth. Additionally, various technological advancements, such as the integration of pro AV with the Internet of Things (IoT), smart and cloud-computing systems, are acting as other growth-inducing factors. These technologies are effective for conferencing, collaboration, learning, live events, security and surveillance. Other factors, including the development of 360-degree cameras, drones and virtual reality (VR) systems to offer specialized content, along with improvements in the telecommunication infrastructure, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pro AV market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on solution, distribution channel and application.

Breakup by Solution:

 

 
 

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  • Products
    • Display
    • AV Acquisition and Delivery Products
    • Projectors
    • Sound Reinforcement Products
    • Conferencing Products
    • Other Products
  • Services
    • Installation Services
    • Maintenance Services
    • IT Networking Services
    • System Designing Services
    • Other Services
       

Breakup by Distribution Channel:

  • Direct Sales
  • Distributors
     

Breakup by Application:

  • Home Use
  • Commercial
  • Education
  • Government
  • Hospitality
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Anixter International Inc. (Wesco International Inc.), AVI Systems Inc., AVI-SPL Inc., Biamp Systems LLC, CCS Presentation Systems LLC, Ford Audio-Video Systems LLC, New ERA Technology Inc., Professional Audio Visual Ltd., Solutionz Inc., Telerent Leasing Corp. (ITOCHU International Inc.) and Vistacom Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Solution, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Anixter International Inc. (Wesco International Inc.), AVI Systems Inc., AVI-SPL Inc., Biamp Systems LLC, CCS Presentation Systems LLC, Ford Audio-Video Systems LLC, New ERA Technology Inc., Professional Audio Visual Ltd., Solutionz Inc., Telerent Leasing Corp. (ITOCHU International Inc.) and Vistacom Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
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Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Pro AV Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Solution
    6.1    Products
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Display
           6.1.2.2 AV Acquisition and Delivery Products
           6.1.2.3 Projectors
           6.1.2.4 Sound Reinforcement Products
           6.1.2.5 Conferencing Products
           6.1.2.6 Others
        6.1.3 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Installation Services
           6.2.2.2 Maintenance Services
           6.2.2.3 IT Networking Services
           6.2.2.4 System Designing Services
           6.2.2.5 Others
        6.2.3 Market Forecast
7   Market Breakup by Distribution Channel
    7.1    Direct Sales
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Distributors
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Application
    8.1    Home Use
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Education
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Government
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Hospitality
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Anixter International Inc. (Wesco International Inc.)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 SWOT Analysis
        14.3.2    AVI Systems Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    AVI-SPL Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Biamp Systems LLC
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    CCS Presentation Systems LLC
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    Ford Audio-Video Systems LLC
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
        14.3.7    New ERA Technology Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Professional Audio-Visual Ltd.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
        14.3.9    Solutionz Inc
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10   Telerent Leasing Corp. (ITOCHU International Inc.)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Vistacom Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Pro AV Market: Major Drivers and Challenges
Figure 2: Global: Pro AV Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Pro AV Market: Breakup by Solution (in %), 2021
Figure 4: Global: Pro AV Market: Breakup by Distribution Channel (in %), 2021
Figure 5: Global: Pro AV Market: Breakup by Application (in %), 2021
Figure 6: Global: Pro AV Market: Breakup by Region (in %), 2021
Figure 7: Global: Pro AV Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Pro AV (Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Pro AV (Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Pro AV (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11 Global: Pro AV (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Pro AV (Direct Sales) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Pro AV (Direct Sales) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Pro AV (Distributors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Pro AV (Distributors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Pro AV (Home Use) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Pro AV (Home Use) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Pro AV (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Pro AV (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Pro AV (Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Pro AV (Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Pro AV (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Pro AV (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Pro AV (Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Pro AV (Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Pro AV (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Pro AV (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia Pacific: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia Pacific: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Pro AV Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Pro AV Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Pro AV Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Pro AV Industry: SWOT Analysis
Figure 78: Global: Pro AV Industry: Value Chain Analysis
Figure 79: Global: Pro AV Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Pro AV Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pro AV Market Forecast: Breakup by Solution (in Million US$), 2022-2027
Table 3: Global: Pro AV Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Pro AV Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Pro AV Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Pro AV Market: Competitive Structure
Table 7: Global: Pro AV Market: Key Players


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Key Questions Answered in This Report

The global pro AV market was valued at US$ 2.7 Billion in 2021.

We expect the global pro AV market to exhibit a CAGR of 4.4% during 2022-2027.

The extensive installations of pro AV systems in shopping centers, exhibition halls, hotels, and stadiums
to draw the attention of the consumers and influence their buying decisions are primarily driving the
global pro AV market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing utilization of pro AV systems
for improving the overall communication and connectivity between the users to deliver videos, web
content, graphics, etc., owing to the rising adoption of e-learning and remote working scenarios.

Based on the solution, the global pro AV market can be segmented into products and services.
Currently, products hold the majority of the total market share.

Based on the distribution channel, the global pro AV market has been divided into direct sales and
distributors, where distributors currently exhibit a clear dominance in the market.

Based on the application, the global pro AV market can be categorized into home use, commercial,
education, government, hospitality, and others. Among these, the education sector accounts for the
largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global pro AV market include Anixter International Inc. (Wesco
International Inc.), AVI Systems Inc., AVI-SPL Inc., Biamp Systems LLC, CCS Presentation Systems LLC,
Ford Audio-Video Systems LLC, New ERA Technology Inc., Professional Audio Visual Ltd., Solutionz Inc.,
Telerent Leasing Corp. (ITOCHU International Inc.), and Vistacom Inc.

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