Multiviewer Monitoring System Market is projected to be driven by changing consumer behavior which include content preferences, willingness to pay, privacy, and level of interactivity.
Albany, NY -- (SBWIRE) -- 02/28/2019 -- TV broadcasting companies provides analog and digital TV simulcast services across the globe. Multiviewer monitoring system is used by TV stations to test and monitor multiple analog and digital transmission signals. The system provides a comprehensive view of broadcast monitoring in a single system screen. The multiviewer monitoring system decodes the digital TV signal and display both digital and analog TV programs using multiviewer display. Multiviewer monitoring system provides TV broadcasters with a single view screen for all types of signals. Multiviewer monitoring system streamlines the broadcasting process and simplifies logging, monitoring, and verifying critical aspects of Internet Protocol (IP) delivered content in real-time.
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Some of the key features of multiviewer monitoring system includes remote access monitoring, 24/7 logging & monitoring, closed captioning compliant, multiple storage options, real--time viewing, and programmable alarms. Market players provides multiviewer monitoring systems with VGA, DVI-D, 4K HDMI, and 4K SDI output options. Furthermore, these systems also support AVC (H.264), HEVC (H.265), MPEG-2, and MPEG-4 video compression formats.
The broadcasting industry has undergone significant transformation due to consumer behavior, government regulations, and technology in the last few years. Consumer behavioral changes include content preferences, willingness to pay, privacy, and level of interactivity. This, in turn, is expected to boost the multiviewer monitoring system market in the near future. Growth in the broadcast industry and shift from analog to digital technology and advent of subscription-based content delivery are anticipated to drive the multiviewer monitoring system market during the forecast period. Led by the growth of the subscription-based content delivery model, consumers are increasingly accessing large content on demand, on the go. Strong internet connectivity has enabled digital over the top (OTT) players such as Amazon Prime Video and Hulu to gain momentum in the market. Furthermore, broadcasters are increasingly turning toward major cloud hosts such as Amazon Web Services (AWS) and Microsoft for content hosting and delivery over IP. Growing interest in live events such as concerts and sports is likely to further fuel the market. Asia Pacific is expected to create lucrative opportunities for the multiviewer monitoring system market during the forecast period due to large population in countries such as India and China.
The global multiviewer monitoring system market can be segmented based on component, type, application, and geography. In terms of component, the multiviewer monitoring system market can be divided into hardware, software, and services. The software segment can be further bifurcated into on-premise and cloud-based. The services segment can be sub-segmented into professional services and managed services. Based on type, the multiviewer monitoring system market can be classified into standalone multiviewers, modular multiviewers, IP multiviewers, router integrated multiviewers, and 4K multiviewers.
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In terms of application, the multiviewer monitoring system market can be categorized into sports & live prgrams, mobile production, signal distribution, linear distribution, security, and OTT. The multiviewer monitoring system market is projected to expand at a significant CAGR during the forecast period due to rise in adoption of these systems. Based on region, the global multiviewer monitoring system market can be segregated into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is an early adopter of multiviewer monitoring systems. Several multiviewer monitoring system providers are present in the region. Therefore, North America is expected to hold a significant share of the global multiviewer monitoring system market from 2018 to 2026.