APAC Professional Audio-Visual Systems Market Size (2024 - 2029)

Asia-Pacific Professional Audio-Visual Systems Market Analysis

The APAC Professional Audio-Visual Systems Market size is estimated at USD 47.23 billion in 2024, and is expected to reach USD 66.44 billion by 2029, growing at a CAGR of 5.54% during the forecast period (2024-2029).

Audiovisual (AV) forms electronic media comprising visual and sound components. Audiovisual solutions offer video conferencing, web streaming, and live broadcast services.

• The Asia-Pacific professional audiovisual systems market is expected to propel over the forecast period due to rapid technological advancements in audio and display technology, rapid adoption of cloud solutions, the advent of smart buildings and the Internet of Things, and the rapid adoption of artificial intelligence (AI).
• With the growth of the Internet of Things, most companies will use a combination of Web3, augmented reality, cloud, and digital twins in various metaverse-based projects. As artificial intelligence (AI) and machine learning (ML) become common for almost every business function and learning touchpoint, flexibility and interoperability of hardware and software solutions will be key trends driving the growth of the Asia-Pacific professional audiovisual systems market.
• Also, audiovisual systems made a massive difference in interactive sessions with the teachers to intuitively touch, collaborate, and share the display. They further help to reduce the ongoing cost with energy-efficient LED HD screens and no bulbs or filters to be changed.
• Audiovisual systems are playing a vital role in imparting education at primary schools in rural areas. For instance, in February 2022, around 40 digital anganwadis (primary schools) came up in districts of Nagpur, India, equipped with digital screens, projectors, and sound systems to support audiovisual methods of imparting education to the students.

Asia-Pacific Professional Audio-Visual Systems Industry Segmentation

Audio-visual technology is used in various applications, including entertainment, education, communication, presentations, conferences, and advertising. It involves using multiple devices and systems to create, enhance, and deliver audio and visual content. Advancements in high-definition display technologies are changing the way professional audio/visual or Pro AV; equipment is being used to communicate, broadcast, collaborate, interact, and advertise in commercial environments.

The Asia-Pacific professional audio-visual systems market is segmented by type (capture and production equipment, video projection, streaming media, storage, and distribution, and other types), end-user vertical (corporate, education, healthcare, hospitality, venues and events, retail, and other end-user verticals), and country (China, Japan, India, South Korea, and Rest of Asia-Pacific). The market sizes and forecasts are provided in terms of value in USD for all the above segments.