The broadcasting industry has been undergoing revolutionary innovations with technological developments to provide a better experience for users. Emerging technology and innovative workflows are transforming live production of events. The transition is mainly driven by standalone streaming services, linear over-the-top (OTT) providers, and companies such as Amazon, Facebook, and Twitter that are bidding for streaming rights. In the US, the shift toward digital video platforms and bidding from Amazon and Facebook for sports streaming rights are changing the country’s sports landscape. Recently, Amazon obtained broadcasting rights of the European Soccer Champions League matches in Germany, thereby strengthening its sports content portfolio. Therefore, the demand from users for personalized sports broadcast services will attribute to the growth of the live broadcast infrastructure market. Also, presence of companies like Broadcasting Center Europe is engaged in offering media services, software development, and system integration in the areas of radio, television, telecommunication & IT, and production & postproduction.In broadcasting industry, the live streaming services is gaining high momentum. Live streaming including major sports is becoming one of a biggest trend of a video distribution business in Europe. Therefore, with dynamic evolution in technological innovation & consumption, it will contribute in live-streaming strengthening broadcast. With large proportion of pay TV operators and broadcasters, content creators & aggregators, OTT streaming companies, regulators & technologists in Europe, the penetration of Broadcast Infrastructure will rise.
CS Computer Systems, EVS Broadcast Equipment, Kaltura, Nevion, And Grass Valley Canada – Prominent Market Participants in Europe Broadcast Infrastructure Market
CS Computer Systems, EVS Broadcast Equipment, Kaltura, Nevion, and Grass Valley Canada are some of the key market players operating in the Europe Broadcast Infrastructure market. The listing of key players is derived by considering multiple factors such as overall revenue, current Broadcast Infrastructure product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the Europe Broadcast Infrastructure ecosystems which were studies analyzed during the course of this market research study, such as, Clyde Broadcast Technology Ltd, Dacast, Ross Video Ltd, Cisco Systems, Inc., and Broadcasting Center Europe S.A. amongst others.
Most of the market initiatives were expansion strategies, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
In 2020, Rick Fox latest venture in the gaming world, as a partner with Twin Galaxies, has excited to bring new experiences with Dacast to gamers all over the world to help connect them, permitting them to receive the recognition for their performances to help add value to their gaming hours. In the following Forbes article, he explains how his eSport platform offers gamers a space to be recognized for their feats.
In 2020, Grass Valley announced the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc. The completion of the transaction, announced earlier this year, puts Grass Valley in an ideal position to continue driving innovation as it leads the media and entertainment industry’s transition to a cloud-based future and pay-as-you-go business models.
