No Result
View All Result
Saturday, 12 July 2025
  • Login
Systems Integration Asia
  • Home
  • COMMERCIAL AV
    • All
    • NEWS
    • SOLUTIONS
    • INDIA
    • CASE STUDIES
    • FEATURE
    • VIDEOS
    Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

    Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

    QSC Launches Q-SYS India Experience Center

    QSC Launches Q-SYS India Experience Center

    Hikrobot Introduces HDMI Video Micro System

    Hikrobot Introduces HDMI Video Micro System

    Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

    Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

    Biamp Elevates Audio Clarity in Acoustically Challenging Perth Police Station

    Biamp Elevates Audio Clarity in Acoustically Challenging Perth Police Station

    Lukas von Arx Appointed CEO of Neutrik Group

    Lukas von Arx Appointed CEO of Neutrik Group

    Christie Projectors Bring Prehistoric to Real Life at Chaoyang Paleontological Museum

    Christie Projectors Bring Prehistoric to Real Life at Chaoyang Paleontological Museum

    Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application

    Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application

    Nexo Delivers Smiles for ’Ashita Hiroba’ in the Yoshimoto Waraii Myraii Pavilion At Expo 2025

    Nexo Delivers Smiles for ’Ashita Hiroba’ in the Yoshimoto Waraii Myraii Pavilion At Expo 2025

    Trending Tags

    • PALM
    • PALM Expo
    • PALM Sound & Light Awards
    • El Palmeral Resort
    • retail
    • Retail Asia Expo
    • Coretronics
    • Language interpretor
    • Margareta Anastasiaa
    • Coretronic
    • Retail Technology
    • Ultra-Stretch
    • miniature electret microphone
    • Beating Retreat Ceremony
    • smart retail solutions
    • Retail Digital Signage Expo
  • SI ASIA
    • Digital Magazine
    • SI Asia E-newsletter
    • SI India E-newsletter
  • Events
  • Subscribe
  • Contact Us
  • Home
  • COMMERCIAL AV
    • All
    • NEWS
    • SOLUTIONS
    • INDIA
    • CASE STUDIES
    • FEATURE
    • VIDEOS
    Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

    Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

    QSC Launches Q-SYS India Experience Center

    QSC Launches Q-SYS India Experience Center

    Hikrobot Introduces HDMI Video Micro System

    Hikrobot Introduces HDMI Video Micro System

    Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

    Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

    Biamp Elevates Audio Clarity in Acoustically Challenging Perth Police Station

    Biamp Elevates Audio Clarity in Acoustically Challenging Perth Police Station

    Lukas von Arx Appointed CEO of Neutrik Group

    Lukas von Arx Appointed CEO of Neutrik Group

    Christie Projectors Bring Prehistoric to Real Life at Chaoyang Paleontological Museum

    Christie Projectors Bring Prehistoric to Real Life at Chaoyang Paleontological Museum

    Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application

    Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application

    Nexo Delivers Smiles for ’Ashita Hiroba’ in the Yoshimoto Waraii Myraii Pavilion At Expo 2025

    Nexo Delivers Smiles for ’Ashita Hiroba’ in the Yoshimoto Waraii Myraii Pavilion At Expo 2025

    Trending Tags

    • PALM
    • PALM Expo
    • PALM Sound & Light Awards
    • El Palmeral Resort
    • retail
    • Retail Asia Expo
    • Coretronics
    • Language interpretor
    • Margareta Anastasiaa
    • Coretronic
    • Retail Technology
    • Ultra-Stretch
    • miniature electret microphone
    • Beating Retreat Ceremony
    • smart retail solutions
    • Retail Digital Signage Expo
  • SI ASIA
    • Digital Magazine
    • SI Asia E-newsletter
    • SI India E-newsletter
  • Events
  • Subscribe
  • Contact Us
No Result
View All Result
Systems Integration Asia
No Result
View All Result
Home COMMERCIAL AV NEWS

Pro AV Revenue Declined by 17% in 2020, But 5-Year Outlook is Positive

05/07/2021
in NEWS, Latest
0
Pro AV Revenue Declined by 17% in 2020, But 5-Year Outlook is Positive
0
SHARES
Share on FacebookShare on Twitter

After peaking at $259 billion in 2019, pro AV industry revenue dropped to $214 billion globally in 2020 due to the pandemic, according to the new 2021 AV Industry Outlook and Trends Analysis (IOTA) produced by AVIXA, the Audiovisual and Integrated Experience Association. IOTA forecasts revenue will reach $232 billion in 2021 and grow to $329 billion in 2026, representing a 7.2% compound annual growth rate (CAGR).

The 2021 IOTA explores the global trends within the pro AV industry, providing an overview of AVIXA’s current five-year forecasts of revenues for products and services along with the predominant trends driving these forecasts.

“Back in the early part of 2020, there was a lot of optimism that initial lockdowns and other measures would help get most regions through the worst of the pandemic, thereby allowing economies to rebound and pro AV to benefit. While true in parts of Asia, this was not the case in much of the world and so pro AV fared even worse than our initial forecasts would indicate,” said Sean Wargo, Senior Director of Market Intelligence, AVIXA. “The good news is we are now seeing meaningful recovery, and so strong growth dominates our revised estimates going forward.”

Overall, pro AV revenues were the least impacted in the Asia Pacific (APAC) region. Having taken preemptive measures for COVID-19 early and effectively, China significantly recovered during the first half of 2020. Overall annual growth for AV spending in the APAC region registered at -16.1%, resulting in revenues of $78.8 billion and contributing 37% of global spending.

The Americas pro AV market dropped by 16.7%, to $77.6 billion in 2020, somewhat bolstered by a strong first quarter in 2020. A strong recovery is expected, with 2021 revenues rising to $83.6 billion.

The Europe, Middle East, and Africa (EMEA) region was the hardest hit due to more challenged economies going into the pandemic and many factors creating variety in rate of recovery. 2020 spending on pro AV in the region declined by 19.7% to $57 billion.

Across all solution areas, conferencing and collaboration generated the highest revenue as workers went remote, students participated in distance learning, and events went virtual. The solution is forecast to generate $43.5 billion in 2021 and reach $49.9 billion in 2026.

Digital signage is poised for strong revenue growth, with a forecast of $32 billion in 2021, increasing to $44.7 billion in 2026. The signage market had strength going into the pandemic, as display prices encouraged proliferation. This remained as pent-up demand, which will propel the solution area. Media servers are the leading product category for digital signage—with $6.9 billion in revenue in 2021.

Overall, content management hardware, previously termed by AVIXA as streaming media, storage, and distribution (SMSD), generates significant revenue and growth over the next five years – $62.3 billion in 2021 with a CAGR of 10.4%.

Live events and performance/entertainment solutions were the most impacted in 2020, with a combined annual revenue decline of 49.7%. These solutions are forecasted the slowest recovery to pre-pandemic levels due to continuing restrictions and individual reluctance to join larger events and crowds. However, both solution areas will bounce back substantially, setting new records over the next couple of years. By 2026, live events solutions will generate $33.9 billion in revenue and performance/entertainment $30.6 billion.

The IOTA report is produced by AVIXA in conjunction with Omdia (formerly IHS Markit), a global research firm with specialty across a number of underlying supply chain markets, many of which overlap with the principal components of the pro AV industry. This specialization provides connections with manufacturers, distributors, integrators, and larger end user firms that provide and consume pro AV products and solutions. This translates into sources of data that are modeled in conjunction with key macroeconomic data to generate the forecasts shown herein.

To learn more about the 2021 AV Industry Outlook and Trends Analysis (IOTA), visit www.avixa.org/IOTA.

Tags: AVIXAProAVIOTAOmdia
Previous Post

SAGA: Cuisines of India Delivers Memorable Dining and Entertainment

Next Post

Analog Way Announces New Distributor in Thailand and Vietnam

Related Posts

Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq
NEWS

Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

by Thomas Richard
10/07/2025
QSC Launches Q-SYS India Experience Center
NEWS

QSC Launches Q-SYS India Experience Center

by elissa@spinworkz.com
09/07/2025
Lukas von Arx Appointed CEO of Neutrik Group
NEWS

Lukas von Arx Appointed CEO of Neutrik Group

by elissa@spinworkz.com
08/07/2025
Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application
NEWS

Unlocking the Future: InfoComm Asia 2025 Offers Roadmap to AI Integration and Practical Application

by elissa@spinworkz.com
07/07/2025
Hall Technologies Completes Acquisition of Atlona, Appoints Veteran AV Leader to Spearhead Global Growth
NEWS

Hall Technologies Completes Acquisition of Atlona, Appoints Veteran AV Leader to Spearhead Global Growth

by elissa@spinworkz.com
02/07/2025
Next Post
Analog Way Announces New Distributor in Thailand and Vietnam

Analog Way Announces New Distributor in Thailand and Vietnam

LATEST NEWS

Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq

10/07/2025
QSC Launches Q-SYS India Experience Center

QSC Launches Q-SYS India Experience Center

09/07/2025
Hikrobot Introduces HDMI Video Micro System

Hikrobot Introduces HDMI Video Micro System

09/07/2025
Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

Datapath Announce Windows 11 Compatibility for its VSN processors and Graphics Products

08/07/2025
Systems Integration Asia

Systems Integration Asia (SI Asia) is a trade publication dedicated to the professional audiovisual industry, technology managers and end-users in key vertical markets such as education...

About Us

Categories

  • CASE STUDIES
  • FEATURE
  • INDIA
  • LATEST
  • SOLUTIONS
  • VIDEOS

Browse by Tag

Allen & Heath Analog Way Asia Atlona Audinate AV Stumpfl barco biamp Bosch COMM-TEC Asia Limited Crestron Dataton Digital Projection Displays dnp dnp denmark Epson ESCO Extron Harman Hewshott IBM IHSE InfoComm Installation installations Kramer Leyard NanoLumens NEC Philips Powersoft QSC Renkus-Heinz RGBlink Samsung security Shure Sony Symetrix tech talk training Tripleplay Visionary Solutions Wyrestorm

Recent Posts

  • Martin Audio Shapes Sonic Identity at Mumbai’s Baaroq
  • QSC Launches Q-SYS India Experience Center
  • Hikrobot Introduces HDMI Video Micro System

Copyright © 2023 Systems Integration Asia . All rights reserved. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • COMMERCIAL AV
  • SI ASIA
    • Digital Magazine
    • SI Asia E-newsletter
    • SI India E-newsletter
  • Events
  • Subscribe
  • Contact Us

Copyright © 2023 Systems Integration Asia . All rights reserved. Privacy Policy