Global Professional Audio-Visual (Pro AV) Market Set to Reach $79.2 Billion by 2028
The global professional audio-visual (Pro AV) market is poised for substantial growth, with a projected value of $79.2 billion by 2028, representing a Compound Annual Growth Rate (CAGR) of 6.27% from 2022 to 2028.
- The global professional audio-visual (Pro AV) market is poised for substantial growth, with a projected value of $79.2 billion by 2028, representing a Compound Annual Growth Rate (CAGR) of 6.27% from 2022 to 2028.
- Key Market Trends & Drivers:
Integration of IoT in Pro AV: The Pro AV market is witnessing a rapid integration of the Internet of Things (IoT). - Growing Demand from Corporate, Government, and Institutions: The global Pro AV market is experiencing heightened demand from corporate houses, government offices, and institutional workplaces.
- Product Types: The professional video segment is expected to be the largest revenue segment in the global Pro AV market.