At 12.4% CAGR, the Middle East & Africa Live IP Broadcasting Equipment Market is projected to be worth US$ 211.57 million by 2030, says Business Market Insights

According to Business Market Insights 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.

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