Increasing Initiatives To Provide Better Quality Smart Education To Students Is Driving Growth Of The PRO AV Market
The growing adoption of PRO AV in smart learning is driving the growth of the PRO AV market. Also, the rising adoption of advanced technologies such as Pro AV for enterprise purposes is another key factor augmenting the growth of the market over the forecast period. Moreover, due to growing demand from the corporate sector key players are engaged in strategic collaborations in order to offer advanced Pro AV solutions to the customer. For instance, in January 2020, ATEN Technology, Inc., a U.S. subsidiary of ATEN International Co., Ltd., a Taiwan-based connectivity solution provider, collaborated with Germany-based engineering and technology company, Robert Bosch GmbH. Through this collaboration, ATEN’s Pro AV and KVM products are integrated with Bosch Company’s DCN (Digital Congress Network) Conference System in order to efficiently manage the KVM and Pro AV services in enterprises.
1.
In March 2021, Hall Technologies,
a designer and manufacturer in the AV industry, announces the launch of the new
HIVE Control. This scalable and affordable AV solution leverages the best in
modern IoT, legacy control, and automation
2.
In February 2020, Neutrik
announced the development of NEUTRIK® MINEA, a Milan-certified audio module.
MINEA is a 2x2 stream Milan-certified audio module.
Asia
Pacific is expected to dominate the global Pro AV market due to emerging
economies such as India and China are taking initiatives to provide better
quality smart education to students. For instance, according to a report by
India Brand Equity Foundation, the government of India took several initiatives
such as Pradhan Mantri Gramin Saksharta Abhiyan (in October 2017), skill India
(July 2015), and others. Moreover, the K-12 market is rapidly growing in the
Asia Pacific region.
Pro
AV is a product that is rapidly growing in popularity with both consumers and
businesses. Advanced advancements in high-definition television technology are
revolutionizing the way in which professional visual, or Pro AV, video
equipment is utilized to communicate, collaborate, produce, and market in
commercial settings. Many business owners and entrepreneurs are discovering
that they can utilize high-resolution video equipment to add a professional
touch to virtually any event or presentation. Business owners and entrepreneurs
who have an event coming up may want to consider showing some Pro AV equipment,
along with standard or home theater equipment at the event to create an even
higher quality experience for the attendees.
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