South America Multi-Viewer Monitoring System Market

Market Introduction

Geographically, the multi-viewer monitoring system market in SAM is segmented into Brazil, Argentina, and rest of SAM. Despite many economic challenges, favorable government initiatives are expected to propel the growth of the region’s economy during the forecast period. The region is witnessing the highest urbanization rate globally, owing to the government initiatives that support the economic growth of SAM. In the region, many broadcasters are releasing their content using online channels such as YouTube and OTT platforms, which is attracting millions of subscribers. Argentina, Colombia, Chile, and Peru are witnessing growth in content streaming and live production. There is a dramatic increase in streaming in SAM as compared to PayTV subscriptions. Individuals are getting inclined toward switching platforms from subscription TV service to streaming or over the top services. With lesser prices and high-quality contents of streaming services, it has shaped a new generation of consumption. When it comes to streaming services, live sport is gaining high traction. Peru and Argentina hold 42% whereas Chile holds 40% in live sport streaming. Such rising adoption of OTT platforms is projected to influence the penetration of different broadcast systems, including multi-viewer monitoring system. Additionally, other countries such as Brazil, are also experiencing growth in their streaming services. For instance, Globoplay, a local provider, has grown exponentially in 2020 and at present has over 20 million subscribers at an affordable cost of nearly US$ 7/month. All these factors related to streaming services would help in assisting the adoption of multi-view broadcasting systems.

In case of COVID-19, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Colombia, Argentina, and Peru across SAM region. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to have a direct impact on the region’s economic growth as the region will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners such as China, Europe, and North America. The sharp decline in the sales of the multi-viewer monitoring system solutions in the region due to lockdown measures is expected to directly impact the growth of the end-use industries of the market. Moreover, temporary closure of manufacturing units of the region has also negatively impacted the growth of the market in the region.

Market Overview and Dynamics  

The SAM multi-viewer monitoring system market is expected to grow from US$ 86.27 million in 2021 to US$ 107.72 million by 2028; it is estimated to grow at a CAGR of 3.2% from 2021 to 2028. Burgeoning adoption of multi-viewer monitoring system among various industries is expected to escalate the SAM multi-viewer monitoring system market in coming years. Apart from the broadcasting industry, the multi-viewer monitoring systems is experiencing a rise in adoption across various industries such as retail, military and defense, education, and aerospace. These industries are actively adopting the multi-viewer monitoring systems, owing to their wide applications, which include satellite uplink/downlink, cable head end & IPTV head end, OB vans, video walls, NOC control rooms, surveillance security information displays, and traffic and transportation applications. Several multiviewer monitoring system providers are, therefore, customizing solutions for these industries for expanding their market share. For instance, RGB Spectrum offers multi-viewer monitoring systems for a wide range of industries such as defense, aerospace, corporate, medical, government, security, and education. Thus, the rising adoption of multi-viewer monitoring systems among the above-mentioned industries is driving the SAM market.

Key Market Segments

In terms of component, the hardware segment accounted for the largest share of the SAM multi-viewer monitoring system market in 2020. In terms of application, the other applications segment held a larger market share of the SAM multi-viewer monitoring system market in 2020. Further, the media & entertainment segment held a larger share of the SAM 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 SAM 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, RGB Spectrum, Rohde & Schwarz GmbH & Co., and Stream Labs.

Reasons to buy report

• To understand the SAM 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 SAM multi-viewer monitoring system market
• Efficiently plan M&A and partnership deals in SAM 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 SAM multi-viewer monitoring system market
• Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.    

SAM Multi-Viewer Monitoring System Market Segmentation

SAM Multi-Viewer Monitoring System Market - By Component

• Hardware
• Software
• Services

SAM Multi-Viewer Monitoring System Market - By Application

• Live Production
• Playout
• Other Applications
• Others

SAM Multi-Viewer Monitoring System Market - By End User

• Media & Entertainment
• Military
• Enterprises
• Retail
• Other End Users

SAM Multi-Viewer Monitoring System Market - By Country

• Brazil
• Argentina
• Rest of SAM  

SAM Multi-Viewer Monitoring System Market - Company Profiles

• Barco
• Cinegy LLC
• Evertz 
• Grass Valley Canada
• RGB Spectrum
• Rohde & Schwarz GmbH & Co.
• Stream Labs

South America Multi-Viewer Monitoring System Market Strategic Insights

South America Multi-Viewer Monitoring System Market Segmentation Analysis

South America Multi-Viewer Monitoring System Market Report Highlights

South America Multi-Viewer Monitoring System Report Scope

South America Multi-Viewer Monitoring System Market Country and Regional Insights