U.S.A.—A new report finds that the professional audiovisual market in the Asia-Pacific region is expected to grow to nearly $18 billion by 2010. The 2008 InfoComm Asia-Pacific AV Market Definition and Strategy Study (MDSS) was conducted by Fusion Consulting on behalf of InfoComm International, the trade association representing the professional audiovisual industry.
The Report provides a comprehensive overview of the market’s size, structure, characteristics and key players. It also highlights key differences between countries in the region—
Randal A. Lemke, InfoComm the result of in-depth interviews with industry experts and key vendors and distributors, as well as an online survey of more than 300 industry players
The Asia-Pacific MDSS finds that the professional AV market reached $13.4 billion in 2007. Products comprise 80 percent of the total market, while professional AV services account for the remaining 20 percent. The pro-AV market in the Asia-Pacific region is expected to grow 10 percent annually through 2010. Accounting for the greatest growth are the healthcare and education sectors, which are anticipated to grow 19 percent and 17 percent respectively, between 2005 and 2010.
“The InfoComm Asia-Pacific AV Market Definition and Strategy Study is the most comprehensive look at the state of the professional audiovisual industry in Asia ever undertaken,” said Randal A. Lemke, Executive Director, InfoComm International. “This study marks the association’s commitment to providing valuable insights and international business opportunities to the professional AV industry.”
Copies of the Report are available now. To order a copy, visit: www.infocomm.org
For more on this market research and the culture driving it, see our interview Fusion Consulting’s Reid Rasmussen on Pages 12-13.