Broadcast technology market worth $44bn in 2017
Advanced-television.com reports that following a compound annual growth of 3.6 per cent over the previous four years, the global broadcast and media technology industry was worth $39 billion in 2012, and is projected to grow to $44.3 billion in 2017.
The results come from the Global Market Valuation & Strategy Report from IABM DC, a joint venture between IABM and Devoncroft Partners. The report encompasses more than 2,500 companies, ranging from start-ups to global conglomerates, and includes software, hardware, and service providers.
IABM DC is now calling for partner participation from the technology vendor community for the 2014 edition of the report.