Global Broadcast Switchers Market: Rising Trend of HD Broadcasting to Propel Market Growth
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The present era is marked by a transition in broadcasting – from analog to digital. The demand for broadcasting major video programs in HD format has been the latest trend in the global broadcasting industry. Broadcasting switchers, being an integral part of video broadcasting, are extensively influenced by the ongoing changes in the industry.
According to a report published by Transparency Market Research, a market intelligence and research firm, the valuation of the global broadcasting switchers market in 2013 was US$1.28 billion. Analysts at TMR expect the market to expand at a CAGR of 6.7% over its 2013 value and reach a value of US$2.03 billion by 2020, on account of the rising uptake of the HD format across the globe.
Browse Market Research Report of Broadcast Switchers Market: http://www.transparencymarketresearch.com/broadcast-switchers-market.html
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