State of the Broadcast Pro Video Industry

13 Nov

SCRI's NewsBriefs

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Now that the elections are behind us, will the economy and more specifically, the Broadcast & Pro Video Sectors, show signs of the recovery we have all been waiting for since the debacle and devastation of 2008 and 2009, and the tepid growth of the past few years? SCRI has just conducted a poll among broadcast and pro video professionals asking the question “Do you expect overall business conditions in the broadcast pro video industry in 2013 to improve, decline or stay the same, compared to 2012″? Results follows:

The majority of broadcast & pro video respondents polled (55.4%) believe that business conditions will improve either somewhat (30.4%) or significantly (25%)in 2013 compared to 2012. About one in four (25%) expect conditions to remain the same, while less than one in five (19.6%) expect conditions to decline, wither somewhat (16.1%) or significantly (3.6%).

Respondents were drawn from a wide range of Linked-In industry groups including: Broadcast Engineering, Television Broadcast Technologies, AV Industry Professionals, Film TV Professionals, Professional AV , NAB, Infocomm.

This emerging trend bodes well for the industry and SCRI expects to see a similar trend emerge in the 2013-2014 Broadcast Pro Video Product Reports scheduled for release in January 2013. This sereis of reports tracks equipment purchases, by product type, by brand and by vertical market.

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