IT Industry Today
Broadcast Equipment Market to Reach USD 7.72Bn by 2030 | Growth Driven by IP Migration, and Remote Production Demand
Broadcast Equipment Market Outlook
The global broadcast equipment market is entering a steady growth phase as broadcasters, streaming platforms, and production houses upgrade their infrastructure for multi-platform delivery. According to the Mordor Intelligence report, the market is estimated at USD 5.58 billion in 2025 and is expected to reach USD 7.72 billion by 2030, reflecting a 6.70% CAGR.
Key Trends
Rising Digital Transformation
Rising demand for digital broadcasting as countries complete analog switch-offs and adopt efficient transmission standards.
Growing Adoption of Advanced Codecs
Growing use of encoders that support HEVC, H.264, AV1, and new formats for UHD and 8K trials.
Expanding Remote Production Workflows
Expansion of remote production workflows as broadcasters reduce on-site crew requirements and shift to centralized or cloud-based operations.
Increasing Investments from Streaming Platforms
More investments from streaming platforms seeking multi-device compatibility and scalable video delivery.
Market Segmentation
- Technology: Analog Broadcasting, Digital Broadcasting
- Product: Dish Antennas, Switches, Video Servers, Encoders, Transmitters & Repeaters, Others
Key Players
- Cisco Systems Inc., Ericsson, EVS Broadcast Equipment SA
- Grass Valley USA LLC, Harmonic Inc.
Dominating Country
North America continues to lead the broadcast equipment market, supported by early adoption of IP-based workflows, strong investment from streaming platforms, and widespread upgrades linked to ATSC 3.0 rollouts. Broadcasters in the United States are focusing on modern playout systems, multi-codec encoders, and remote production hubs that handle live sports and national events. Canada and Mexico also contribute to regional growth through digital broadcasting projects and transmitter upgrades.
Conclusion
The broadcast equipment market is moving toward flexible, software-ready, and IP-based systems as broadcasters and streaming platforms adapt to changing viewing habits. With digital broadcasting gaining momentum, multi-codec encoders becoming standard, and remote production turning into a long-term workflow, the industry is set for consistent growth through 2030. North America continues to guide much of this progress, while other regions accelerate their digital transitions. As content delivery expands across television and online platforms, demand for reliable, scalable, and cloud-compatible broadcast equipment will remain strong in the years ahead.
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About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking actionable market insights. With 550+ domain experts and specialists across 150+ countries, we deliver comprehensive syndicated and custom research across industries such as aerospace, agriculture, chemicals, consumer goods, energy, healthcare, and many more, helping organizations make informed decisions and achieve strategic goals.
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