The Middle East & Africa live IP broadcasting equipment market is expected to grow from US$ 82.84 million in 2022 to US$ 211.57 million by 2030. It is estimated to grow at a CAGR of 12.4% from 2022 to 2030.
The media & entertainment (M&E) industry in the MEA is expanding due to increased Internet penetration, digitalization, and changing consumer preference for OTT platforms. According to a report by the UEA Ministry of Economy on “INVESTING IN MEDIA AND ENTERTAINMENT IN THE UAE,” the UAE entertainment industry is projected to expand at a CAGR of 9.0% from 2021 to 2028, and ~50% of users in the Middle East and North Africa (MENA) stream music daily via digital streaming platforms. These digital streaming platforms also stream live sports, news, live TV channels, and events, which indicates the high demand for broadcast equipment in this industry. A few of the major players in the broadcasting industry in this region are Abu Dhabi Media (ADM), Shahid, and Dubai Media Inc. Thus, a strong M&E industry in the region demands high-quality content and live broadcasting, generating the need for equipment and components to deliver the content over several networks, which fuels the demand for live IP broadcasting equipment in the MEA.
Based on product type, the Middle East & Africa 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 the largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.
Based on application, the Middle East & Africa live IP broadcasting equipment market is segmented into broadcast production centers, broadcast stadiums, and outside broadcast vans. The broadcast production centers segment held largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.
Based on country, the Middle East & Africa live IP broadcasting equipment market is segmented int o the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. UAE dominated the Middle East & Africa live IP broadcasting equipment market in 2022.
AJA Video Systems Inc, Imagine Communications, Harmonic Inc, Grass Valley Canada, Sony Group Corp, EVS Broadcast Equipment SA, Evertz Technologies Ltd, Cisco Systems Inc, and Belden Inc, are some of the leading companies operating in the Middle East & Africa live IP broadcasting equipment market.
Increasing demand for Live Streaming from Numerous Industries in Middle East & Africa Live IP Broadcasting Equipment Market
Broadcasting has traditionally required an enormous investment in equipment and resources, including recorders and cameras, editing, broadcasting solutions, playback and recording equipment, infrastructure, and a large workforce to supervise the complete process. With the rapid shift of viewers from television to digital world, remaining competitive in broadcast media is challenging but essential for long-term viability. Providing broadcasters with the tools to provide UHD/HDR content more efficiently across several platforms is now necessary. Over the past few years, live streaming existed across numerous consumer platforms. For instance, the fitness industry is emerging as a prominent live-streaming user. The pandemic-induced quarantines in 2020 saw a sharp uptick in usage. Live broadcasts can also improve and grow direct engagement with customers and community-based partnerships, further propelling the Middle East & Africa live IP broadcasting equipment market growth. Thus, the demand for live streaming from numerous industries is likely to increase during the forecast period.Middle East & Africa Live IP Broadcasting Equipment Market Overview
The live IP broadcasting equipment market in the Middle East & Africa (MEA) is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of MEA. The region has experienced a rapid penetration of Internet connectivity over the years. Various government bodies have also increased their initiatives to promote the adoption of digital technologies across all industry sectors, including media & entertainment, to boost their efficiency and propel their competitiveness in the global market. Digitalization in broadcasting helps provide better signal quality, increasing resistance to obstruction and picture degradation. A shift toward digital platforms fuels the demand for broadcasting equipment to seamlessly transmit high-quality content over IP networks, which helps broadcasters extend their consumer reach.The media & entertainment (M&E) industry in the MEA is expanding due to increased Internet penetration, digitalization, and changing consumer preference for OTT platforms. According to a report by the UEA Ministry of Economy on “INVESTING IN MEDIA AND ENTERTAINMENT IN THE UAE,” the UAE entertainment industry is projected to expand at a CAGR of 9.0% from 2021 to 2028, and ~50% of users in the Middle East and North Africa (MENA) stream music daily via digital streaming platforms. These digital streaming platforms also stream live sports, news, live TV channels, and events, which indicates the high demand for broadcast equipment in this industry. A few of the major players in the broadcasting industry in this region are Abu Dhabi Media (ADM), Shahid, and Dubai Media Inc. Thus, a strong M&E industry in the region demands high-quality content and live broadcasting, generating the need for equipment and components to deliver the content over several networks, which fuels the demand for live IP broadcasting equipment in the MEA.
Middle East & Africa Live IP Broadcasting Equipment Market Revenue and Forecast To 2030 (Us$ Million)
Middle East & Africa Live IP Broadcasting Equipment Market Segmentation
The Middle East & Africa live IP broadcasting equipment market is segmented into product type, application, and country.Based on product type, the Middle East & Africa 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 the largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.
Based on application, the Middle East & Africa live IP broadcasting equipment market is segmented into broadcast production centers, broadcast stadiums, and outside broadcast vans. The broadcast production centers segment held largest share of the Middle East & Africa live IP broadcasting equipment market in 2022.
Based on country, the Middle East & Africa live IP broadcasting equipment market is segmented int o the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. UAE dominated the Middle East & Africa live IP broadcasting equipment market in 2022.
AJA Video Systems Inc, Imagine Communications, Harmonic Inc, Grass Valley Canada, Sony Group Corp, EVS Broadcast Equipment SA, Evertz Technologies Ltd, Cisco Systems Inc, and Belden Inc, are some of the leading companies operating in the Middle East & Africa live IP broadcasting equipment market.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Live IP Broadcasting Equipment Market Landscape
5. Middle East & Africa Live IP Broadcasting Equipment Market - Key Industry Dynamics
6. Middle East & Africa Live IP Broadcasting Equipment Market - Country Market Analysis
7. Middle East & Africa Live IP Broadcasting Equipment Market Analysis - Product Type
8. Middle East & Africa Live IP Broadcasting Equipment Market Analysis - Application
9. Middle East & Africa Live IP Broadcasting Equipment Market - Country Analysis
10. Live IP Broadcasting Equipment Market - Impact of COVID-19 Pandemic
11. Middle East & Africa Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Executive Summary
At 12.4% CAGR, the Middle East & Africa Live IP Broadcasting Equipment Market is speculated to be worth US$ 211.57 million by 2030.According to this research, the Middle East & Africa Live IP Broadcasting Equipment market was valued at US$ 82.84 million in 2022 and is expected to reach US$ 211.57 million by 2030, registering a CAGR of 12.4% from 2022 to 2030. Advancements in IP technology, growth in media and entertainment industry, and surge in live gaming and sports broadcasting are the critical factors attributed to the Middle East & Africa live IP broadcasting equipment market expansion.
Live streaming is considered a form of broadcasting, with media intended for reception by the general public on a worldwide scale. It varies from other forms of online video viewing because video files are neither prerecorded nor stored before being transmitted to audiences. Thus, live streaming provides opportunities for a real-time interface between audience members and streamers. Live streaming is commonly used for professional sports games, conference and webinar presentations, social media events, and video gaming sessions. Over the last few decades, consumers' demand for better-quality audio and video has rapidly propelled the need for broadcast equipment products and technology.
With content produced in 4K and UHD formats, transmission in a similar format for enhanced viewing quality has accelerated the demand for IP live-production technology. Whether for remote production, remote collaboration, or remote operation, broadcast professionals leverage IP streaming technology to collaborate in real time. In January 2022, Magewell launched its novel Ultra Encode family of universal live media encoders, providing H.265, H.264, and NDI|HX encoding with multi-protocol support for an extensive range of professional applications, live streaming, remote contribution to IP-based production, and AV-over-IP. Further, at NEP Group’s 2022 IBC Show appearance, it launched TFC Flow, a powerful and easy-to-use IP-based “DIVA” tool. TFC Flow offers complete control of intercom, data, and audio and video signal flow within a unified live event network. It is powered by NEP’s exclusive, multipurpose control web-based platform, Total Facility Control (TFC). TFC Flow has the power and scalability of IP/2110 while removing the complexity that comes along with it, making network configuration fast, easy, and secure. Therefore, growing advancement in IP technology is fueling the Middle East & Africa live IP broadcasting equipment market growth.
On the contrary, government-imposed rules and regulations hampers the Middle East & Africa live IP broadcasting equipment market.
Based on product type, the Middle East & Africa 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 30.6% share of Middle East & Africa live IP broadcasting equipment market in 2022, amassing US$ 25.32 million. It is projected to garner US$ 72.02 million by 2030 to expand at 14.0% CAGR during 2022-2030.
Based on application, the Middle East & Africa live IP broadcasting equipment market is segmented into broadcast production centers, broadcast stadiums, and outside broadcast vans. The broadcast production centers segment held 44.7% share of Middle East & Africa live IP broadcasting equipment market in 2022, amassing US$ 37.01 million. It is projected to garner US$ 102.22 million by 2030 to expand at 13.5% CAGR during 2022-2030.
Based on country, the Middle East & Africa live IP broadcasting equipment market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that UAE captured 50.6% share of Middle East & Africa Live IP Broadcasting Equipment market in 2022. It was assessed at US$ 41.89 million in 2022 and is likely to hit US$ 113.01 million by 2030, exhibiting a CAGR of 13.2% during 2022-2030.
Key players operating in the Middle East & Africa live IP broadcasting equipment market are AJA Video Systems Inc, Imagine Communications, Evertz Technologies Ltd, Harmonic Inc, Grass Valley Canada, Sony Group Corp, EVS Broadcast Equipment SA, Cisco Systems Inc, and Belden Inc, among others.
In 2021, Belden and Gravity Media partner to support “the beautiful game” by providing broadcast infrastructure solutions in four stadiums in the Qatar region. In 2021, EVS, the leading provider of live video technology for broadcast and new media productions, announced its partnership with Gravity Media to supply Xeebra® multi-camera review system as the core technology for the company’s new integrated video adjudication and communications solution.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AJA Video Systems Inc
- Belden Inc
- Cisco Systems Inc
- Evertz Technologies Ltd
- EVS Broadcast Equipment SA
- Grass Valley Canada
- Harmonic Inc
- Imagine Communications
- Sony Group Corp
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 99 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 82.84 Million |
| Forecasted Market Value by 2030 | 211.57 Million |
| Compound Annual Growth Rate | 12.4% |
| Regions Covered | Africa, Middle East |
