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Wednesday, October 4, 2023

The Global Pro AV Market is Expected to Grow with a CAGR of 5.1% from 2024 to 2030

According to a market report by Lucintel, the future of the global pro AV market looks promising with the future of the global pro av market looks promising with opportunities in the home use, commercial, education, government, hospitality, and retail markets. The global pro av market is expected to reach an estimated $362.6 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are growing adoption of smart learning in education sector and on-going advancements in the digital signage systems.

In this market, direct sales and distributors are the major segments of Pro AV market by distribution channel.

Lucintel forecast that distributors is expected to witness highest growth over the forecast period.

Within this market, education will remain the largest segment.

Asia-Pacific is expected to witness highest growth over the forecast period due to growing adoption of technological advanced tools in classrooms in the region.

Anixter, Wesco, AVI Systems, AVI-SPL, Biamp Systems, CCS Presentation Systems, Ford Audio-Video, New ERA Technology, Pro AV, and Solutionz are the major suppliers in the Pro AV market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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