Broadcast and Media Technology Market is Considered as One of the Rapidly Growing Market by 2026

Broadcast and media technology is rapidly changing over the time with development of new delivery platforms such as online television. Broadcast and media technology companies are focusing on building high quality equipment for broadcast, professional audio visual (AV) and consumer camcorders. In addition, broadcasting and media industry is making a transition from analog to digital transmission of the content. This trend is linked to increased acceptance of digital broadcasting around the world to reduce transmission costs and provide better quality and processing of content.Furthermore, with increasing number of free to air channels or over-the-air (OTA) broadcast network channels and integration of digital video recorder (DVR) services enhancing the adoption of advanced broadcast and media technology. For instance, a leading company in broadcast and media technology market, Aereo, Inc. introduced a device TiVO BOLT which can receive as well as record over the air (OTA) signals and it can be integrated with streaming services such as Amazon Prime and Netflix.