Revenue in the world’s media and broadcast technology supply industry is valued at $11.6 billion and is predicted to grow 11.4 percent year per year.
That’s the assessment of the International Association of Broadcasting Manufacturers. The U.K.-based organization did a 10-month study, which it considers the first of its kind. The association represents media and broadcast technology suppliers; the study was conducted by Screen Digest. Eleven suppliers were centrally involved in supporting the effort, including Harris, Sony, Avid Technology and Siemens.
The study identified some 100 companies with revenues of over $10 million a year, and 200 with revenues of $1 million a year or more, “demonstrating that there are still a very large number of small, specialist niche suppliers.”
The top eight manufacturers account for 45 percent of total revenues; IABM called this a lower percentage than might be expected in a “mature industry.”
Approximately 40 manufacturers contributed several years of confidential data for analysis; 200 manufacturers participated in interviews and released company information, organizers said.
