Market Share of Video Production Equipment Industry
The video production equipment market is fragmented, with major players like Magix Software GmbH, Blackmagic Design Inc., Canon Inc., Sony Corporation, Panasonic Corporation, Videopro Inc., and many others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- April 2024: EVS and Vizrt renewed the partnership, focusing on pioneering advancements in Newsroom Playout Automation and Control. For years, the coaction of EVS's XT and XS-series servers with Vizrt's premier studio automation tool, Viz Mosart, has empowered broadcasters with unparalleled control and flexibility for uninterrupted 24/7 playout operations. This latest collaboration melds Vizrt's prowess in automated production tools with EVS's esteemed live broadcast technology, striving to offer a ready-to-use solution for content ingestion and automation-driven playout.
- November 2023: Sony Corporation and NTT Corporation (NTT) finalized a collaborative agreement to expedite the establishment of a comprehensive remote production platform. This platform is intended for broadcasting stations, editorial offices, and event venues. The partnership seeks to cut ownership, operation, and maintenance costs. The companies aim to digitally transform content production by leveraging shared resources, IP, and cloud broadcasting facilities. Ultimately, this collaboration aspires to enhance customer experiences by broadening content offerings, including distribution at local stadiums and live music venues.
Video Production Equipment Market Leaders
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Magix Software GmbH
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Blackmagic Design Inc.
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Canon Inc.
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Sony Corporation
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Panasonic Corporation
*Disclaimer: Major Players sorted in no particular order
