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Professional video market grows 55%
  • Vitaliy_KiselevVitaliy_Kiselev

    Culminating a six-year period of growth, the global market for professional broadcast equipment and services reached US$63 billion in 2013, up 52% from US$41 billion in 2007, according to IHS.

    The rapid growth has been driven by a significant rise in shipments of customer-premises equipment (CPE) fueled by the digitization of pay TV subscribers. The market's expansion also has been propelled by a rise in transport services, driven by an increasing number of linear channels and non-linear views by consumers.

    While the factors that have powered the growth of the market are expected to remain in force through 2017, total spending on equipment is expected to slow significantly. Many core markets in North America, Western Europe and East Asia are facing slower CPE shipment growth, the firm said.

    http://www.digitimes.com/news/a20140407PR201.html

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  • maranfilmsmaranfilms

    Thanks for posting that info, I can totally see the increase in my market. Seems a good chunk of that would be from social media (Youtube, vimeo, etc...) coupled with low pricing, oh, and that fact that everyone that's bought a dslr is now a DP/Director. The good news, only 10% actually know how to use them and are capable of designing a nice looking shot (:-)

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