The Global Market for Channel-in-a-Box is Projected to Reach US$205 Million by 2020
Increasing Channel Density Drives Global Demand for Channel-in-a-Box,
According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive analysis of
industry segments, trends, growth drivers, market share, size and demand
forecasts on the global Channel-in-a-Box market. The
global market for Channel-in-a-Box is projected to reach US$205 million by 2020,
driven by the increasing number of private broadcast channels, especially in
developing countries.
In the wake of growing demand for
content delivery on a range of devices and on an array of platforms, broadcast
playout and media management is currently undergoing significant transformation.
The intensifying competition in the broadcasting industry and the ensuing need
to reduce operating expenditure (OPEX) and safeguard profit margins is
resulting in broadcasting companies upgrading their “Playout” infrastructure
with more efficient and automated capabilities. CiaB is emerging into a
disruptive innovation in the field of playout and integrated channel
management. This promising technology is already creating fractures in the
traditional automated playout and master
control systems market by offering a simplified, cost effective, yet
efficient solution to expensive integrated playout solutions. In the current
cost-driven business climate, CiaB qualifies as a disruptive innovation as it
promises to simplify the process of playout management through a simple plug-in
solution that seamlessly integrates with existing workflows to reduce cost,
complexity, and enhance performance and reliability. In comparison to
traditional integrated playout solutions, CiaB promises to offer lower total
cost of ownership benefits through reduced CAPEX and OPEX expenditure. Although
the viability of a “one-size fits all” concept embodied by CiaB has raised skepticism,
the technology nevertheless brings in the promised disruptive benefits of IT
commoditization in broadcasting. While traditional integrated playout systems
offer customized “best-fit” solutions, they are expensive. CiaB, on the other
hand, with its cheap and simple plug and playout architecture meets the needs
of the evolving “fail fast, fail cheap, and move on” culture of the media and
entertainment business.
Key factors spurring growth in the CiaB market
include rising number of multichannel video program distributors, increasing channel
density, migration from SD to HD
playout facilities, globalization of the broadcasting industry and the
ensuing need to regionalize downstream programs. Also expected to spur growth is
the need to reach a diverse audience base spread across multiple viewing platforms.
The success of multi-screen strategy is critically dependent upon the effective
combination of playout and encoding to enable channel origination and
manipulation. As broadcasters navigate and expand their way through the
multi-screen ecosystem, poised to benefit are CiaB solutions with their
promised benefits of enabling transmission of automated and branded dynamic
channels to multiple platforms i.e. web, mobile, and satellite, among others. Continuous
technology developments and launch of new products with updated tools and
capabilities will help fuel technology penetration in the market.
As stated by the new
market research report on Channel-in-a-Box,
the United States represents the largest market worldwide. The region also ranks
as the fastest growing market with a CAGR of 18.5% over the analysis period. In
Asia-Pacific, growth is forecast to be led by factors such as increasing
consumer spending on digital media, expanding middle class population, rising
household penetration of subscription satellite TV, increase in average monthly
spending per cable household, growing levels of literacy, increasing
penetration of media in lower socio-economic classes, and liberalization of
broadcasting regulations.
Major players in the market include Autocue
Group Ltd., Aveco Sro, Bitcentral, BroadStream Solutions, Inc., Evertz
Microsystems Ltd., FloricalSystems Inc., Grass Valley, HARDATA Corp., Harmonic
Inc., Imagine Communications Corp., PlayBox Technology, Pixel Power Ltd.,
Pebble Beach Systems Ltd., SGT SAS, SkyLark Technology Inc., Snell Ltd.,
Thomson Video Networks SAS, WorldNow and XOR Media, among others
The research report titled
“Channel-in-a-Box:
A Global Strategic Business Report” announced by Global Industry Analysts
Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections for all major geographic markets such as the US,
Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of
Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Latin America and Rest
of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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