Asia-Pacific Multi-Viewer Monitoring System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services), Application (Live Production, Playout, and Other Applications), and End User (Media & Entertainment, Military, Enterprises, Retail, and Other End Users)

Market Introduction

The presence of developing economies such as China, India, South Korea, Malaysia, the Philippines, and Taiwan helps in making Asia a developing region. Stable economies and technological advancements support the growth of diversified industries and markets in Asia. The multi-viewer monitoring system market players in the region are experiencing significant demand for their products due to rise in disposable income of individuals, better internet infrastructure, and willingness to spend on subscription fees. Moreover, change in technology structure, competitive environment due to presence of different entertainment platforms, and rise in customer inclination toward digital content are among other factors likely to impact the growth of multi-viewer monitoring system market in Asia. As the penetration of internet and mobile technologies in Asia is increasing, the inclination of consumers toward OTT platforms such as Netflix and Amazon Prime is growing. This inclination will assist in boosting the broadcasting demand, thereby boosting the adoption of multi-viewer monitoring systems for creating and commercializing digital content. Additionally, in Asian economies, the era of IP based streaming networks is booming which has permitted broadcasters and service providers to ramp up their operations faster. As now consumers have a luxury to watch any content irrespective of place and time, their expectation has reached the highest level of service. This factor is encouraging the broadcasters to have a reliable system for broadcasting to avoid problems related to jitter, packet loss, operational production violations & encoding impairments. Thus, companies such as Evertz, Lawo, and RGB Spectrum are offering multi-location monitoring systems for broadcasting and many other purposes, including on-the-road productions, houses of worship, conferences and events, flyaway packs, PayTV, linear playout, and over-the-top CDN.

In case of COVID-19, APAC is highly affected especially India. APAC is characterized by many developing countries, a positive economic outlook, high residential and industrial presence, huge population, and rising disposable income. All these factors make APAC a major growth driving region for various markets, including multi-viewer monitoring system market. The lockdown of various factories in China affects the global supply chains and negatively impacts development, delivery schedules of various products and services. Even as the factories in China are beginning to reopen, several businesses have reduced or hit pause on their operations. The region comprises of several developing countries, which consist of large number of retail complexes as well as a huge broadcasting industry. The temporary closure of all economic activities announced by the respective government bodies has led to the decline in demand for advanced technologies sand solutions across the industries thereby negatively impacting the market growth. Moreover, the travel restriction imposed across the nations have also led to the disruption of supply chain of both manufacturing components and fined products from major economies like India and China. These factors have negatively impacted the market due to the outbreak of COVID-19.

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Market Overview and Dynamics

The APAC multi-viewer monitoring system market is expected to grow from US$ 316.93 million in 2021 to US$ 498.58 million by 2028; it is estimated to grow at a CAGR of 6.7% from 2021 to 2028. Surge in broadcasting industry is expected to fuel the market growth. Consumer desire for higher-quality video and audio has resulted in significant improvements in the broadcasting sector as products and technology have been continually enhanced over the previous few decades. With videos being produced in UHD and 4K formats, IP live production technology was developed to allow for transmission in the same format for increased viewing quality. This is especially important in live production, where system control must be fluid and efficient. Broadcasters are putting more emphasis on product development to replace traditional SDI-based settings with live production systems that provide system management and efficiency. In addition, the rising adoption of high-efficiency video coding (HEVC) standards is driving the demand for encoders in the industry. Furthermore, the emergence of multi-channel video encoders has enabled users to generate several streams, resulting in reduced system requirements. Additionally, numerous broadcasting equipment suppliers are developing and enhancing their products to improve broadcasting quality, thereby supporting the industry's growth. For instance, Sencore announced improvements to the audio, video capture, and closed captioning functionalities of the VB440—an uncompressed video over IP monitoring system—in June 2021. Support for SMPTE 2110-31 compressed audio, 5.1 and 7.1 multichannel configurations, and room meter analytics are among the new audio features. Thus, the above-mentioned advancements made by the broadcasting equipment manufacturers in contributing to the growth of the broadcasting industry are propelling the growth of the APAC multi-viewer monitoring system market.

Key Market Segments

In terms of component, the hardware segment accounted for the largest share of the APAC multi-viewer monitoring system market in 2020. In terms of application, the other applications segment held a larger market share of the APAC multi-viewer monitoring system market in 2020. Further, the media & entertainment segment held a larger share of the APAC multi-viewer monitoring system market based on end user in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the APAC multi-viewer monitoring system market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Barco; Cinegy LLC; Evertz; Grass Valley Canada; Lawo AG; Mividi, Inc.; RGB Spectrum; Rohde & Schwarz GmbH & Co.; and Stream Labs.

Reasons to buy report

To understand the APAC multi-viewer monitoring system market landscape and identify market segments that are most likely to guarantee a strong return
Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC multi-viewer monitoring system market
Efficiently plan M&A and partnership deals in APAC multi-viewer monitoring system market by identifying market segments with the most promising probable sales
Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC multi-viewer monitoring system market
Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APAC Multi-Viewer Monitoring System Market Segmentation

APAC Multi-Viewer Monitoring System Market - By Component

Hardware
Software
Services

APAC Multi-Viewer Monitoring System Market - By Application

Live Production
Playout
Other Applications
Others

APAC Multi-Viewer Monitoring System Market - By End User

Media & Entertainment
Military
Enterprises
Retail
Other End Users

APAC Multi-Viewer Monitoring System Market - By Country

APAC Multi-Viewer Monitoring System Market - Company Profiles

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Multi-Viewer Monitoring System Market – By Component

1.3.2 APAC Multi-Viewer Monitoring System Market – By Application

1.3.3 APAC Multi-Viewer Monitoring System Market – By End User

1.3.4 APAC Multi-Viewer Monitoring System Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Multi-Viewer Monitoring System Market Landscape

4.1 Market Overview

4.2 APAC PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. APAC Multi-Viewer Monitoring System Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Surge in Broadcasting Industry

5.1.2 Escalating Adoption of Multi-Viewer Monitoring System Among Various Industries

5.2 Key Market Restraints

5.2.1 Design Issues in Multi-Viewer Monitoring Systems

5.3 Key Market Opportunities

5.3.1 Growing Over-the-Top (OTT) Streaming

5.4 Future Trends

5.4.1 Rising Investment by Market Players for Product Innovation and Growth

5.5 Impact Analysis of Drivers and Restraints

6. Multi-Viewer Monitoring System Market – APAC Analysis

6.1 APAC Multi-Viewer Monitoring System Market Overview

6.2 APAC Multi-Viewer Monitoring System Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Multi-Viewer Monitoring System Market Analysis – By Component

7.1 Overview

7.2 APAC Multi-Viewer Monitoring System Market Breakdown, by Component, 2020 and 2028

7.3 Hardware

7.3.1 Overview

7.3.2 Hardware: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Software

7.4.1 Overview

7.4.2 Software: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Services

7.5.1 Overview

7.5.2 Services: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

8. APAC Multi-Viewer Monitoring System Market Analysis – By Application

8.1 Overview

8.2 APAC Multi-Viewer Monitoring System Market Breakdown, by Application, 2020 and 2028

8.3 Live Production

8.3.1 Overview

8.3.2 Live Production: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Playout

8.4.1 Overview

8.4.2 Playout: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Other Applications

8.5.1 Overview

8.5.2 Other Applications: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

9. APAC Multi-Viewer Monitoring System Market Analysis – By End User

9.1 Overview

9.2 APAC Multi-Viewer Monitoring System Market Breakdown, by End User, 2020 and 2028

9.3 Media and Entertainment

9.3.1 Overview

9.3.2 Media and Entertainment: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Military

9.4.1 Overview

9.4.2 Military: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Enterprises

9.5.1 Overview

9.5.2 Enterprises: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Retail

9.6.1 Overview

9.6.2 Retail: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Other End Users

9.7.1 Overview

9.7.2 Other End Users: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

10. APAC Multi-Viewer Monitoring System Market – Country Analysis

10.1 Overview

10.1.1 APAC Multi-Viewer Monitoring System Market Breakdown, by Country

10.1.1.1 China Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 China Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.1.2 China Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.1.3 China Multi-Viewer Monitoring System Market Breakdown, By End User

10.1.1.2 India Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 India Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.2.2 India Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.2.3 India Multi-Viewer Monitoring System Market Breakdown, By End User

10.1.1.3 Japan Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Japan Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.3.2 Japan Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.3.3 Japan Multi-Viewer Monitoring System Market Breakdown, By End User

10.1.1.4 South Korea Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 South Korea Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.4.2 South Korea Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.4.3 South Korea Multi-Viewer Monitoring System Market Breakdown, By End User

10.1.1.5 Australia Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Australia Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.5.2 Australia Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.5.3 Australia Multi-Viewer Monitoring System Market Breakdown, By End User

10.1.1.6 Rest of APAC Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of APAC Multi-Viewer Monitoring System Market Breakdown, by Component

10.1.1.6.2 Rest of APAC Multi-Viewer Monitoring System Market Breakdown, By Application

10.1.1.6.3 Rest of APAC Multi-Viewer Monitoring System Market Breakdown, By End User

11. APAC Multi-Viewer Monitoring System Market- COVID-19 Impact Analysis

11.1 APAC

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

12.4 New Development

13. Company Profiles

13.1 Barco

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Cinegy LLC

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Evertz

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Grass Valley Canada

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Lawo AG

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Mividi, Inc.

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 RGB Spectrum

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Rohde & Schwarz GmbH & Co.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Stream Labs

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. APAC Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. APAC Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 3. China Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 4. China Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 5. China Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 6. India Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 7. India Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 8. India Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 9. Japan Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 10. Japan Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 11. Japan Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 12. South Korea Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 13. South Korea Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 14. South Korea Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 15. Australia Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 16. Australia Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 17. Australia Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 18. Rest of APAC Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Component (US$ Million)

Table 19. Rest of APAC Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By Application (US$ Million)

Table 20. Rest of APAC Multi-Viewer Monitoring System Market, Revenue and Forecast to 2028 – By End User (US$ Million)

Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Multi-Viewer Monitoring System Market Segmentation

Figure 2. APAC Multi-Viewer Monitoring System Market Segmentation – By Country

Figure 3. APAC Multi-Viewer Monitoring System Market Overview

Figure 4. Hardware Held the Largest Market Share in 2020

Figure 5. Media and Entertainment End User Held the Largest Market Share in 2020

Figure 6. China was the Largest Revenue Contributor in 2020

Figure 7. APAC – PEST Analysis

Figure 8. APAC Multi-Viewer Monitoring System Market– Ecosystem Analysis

Figure 9. Expert Opinion

Figure 10. APAC Multi-Viewer Monitoring System Market: Impact Analysis of Drivers and Restraints

Figure 11. APAC Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. APAC Multi-Viewer Monitoring System Market Revenue Share, by Component (2020 and 2028)

Figure 13. APAC Hardware: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC Software: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Services: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Multi-Viewer Monitoring System Market Revenue Share, by Application (2020 and 2028)

Figure 17. APAC Live Production: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Playout: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Other Applications: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Multi-Viewer Monitoring System Market Revenue Share, by End User (2020 and 2028)

Figure 21. APAC Media and Entertainment: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. APAC Military: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. APAC Enterprises: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. APAC Retail: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. APAC Other End Users: Multi-Viewer Monitoring System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. APAC: Multi-Viewer Monitoring System Market, by Key Country – Revenue (2020) (USD Million)

Figure 27. APAC Multi-Viewer Monitoring System Market Breakdown, by Country, 2020 & 2028 (%)

Figure 28. China Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 29. India Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 30. Japan Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 31. South Korea Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 32. Australia Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 33. Rest of APAC Multi-Viewer Monitoring System Market, Revenue and Forecast To 2028 (US$ Million)

Figure 34. Impact of COVID-19 Pandemic in APAC Country Markets

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC multi-viewer monitoring system market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC multi-viewer monitoring system market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the multi-viewer monitoring system market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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