Archive | May 9, 2012

Production Switchers Market to grow by over $17 million in 2013

9 May

Production Switchers are projected to grow by over $17 million in 2013. This comes in spite of some serious market drops in certain market verticals such as broadcasters. SCRI International reports a compound annual growth rate (CAGR) of 0.81% for this product category in all six professional television/video markets for the three-year period. This year, a total of 29.8% of all facilities plan to purchase these devices. That compares favorably to 2011, when 28.7% of all markets purchased production switchers. In 2013, a total of 30.2% of all facilities expect to purchase these switchers. ┬áThis, according to SCRI’s 2012-2013 Broadcast / Pro Video (B/PVM) Marketplace Report, a series of over 20 annually updated Product Reports, detailing market size, by vertical market, as well as brand share and key trends.