
Pro Video Equipment Market to Reach US $13.24 Billion by 2032: Inside the 2024–25 Technology Shifts Powering a 6.5 % CAGR
Why 2024–25 Marks a New Inflection Point
Professional-grade video equipment—once the guarded domain of broadcasters—has broken out of the studio. Corporate communications teams, universities, houses of worship, esports arenas, and even civic governments are now investing in the same 4K/8K cameras, IP production switchers, LED walls, and AI-assisted workflows that drive prime-time TV. That broad-based demand pushed the global Pro Video Equipment (PVE) market to US $8.47 billion in 2024 and sets the stage for expansion to US $13.24 billion by 2032, a compound annual growth rate (CAGR) of 6.5 % over 2025-2032. Against this backdrop, the 2024–25 news cycle has surfaced five macroforces—IP migration, immersive live-event tech, AI everywhere, flexible displays, and sustainability—that together explain why the curve is bending upward.
Enterprise Demand Triples Broadcast-Camera Sales
Broadcast Now recently reported that sales of broadcast-grade cameras to non-traditional buyers—corporations, universities, and government agencies—tripled between 2019 and 2023.
Implications for vendors:
- Sensor innovation pays off. Sony’s 1-inch stacked CMOS sensors and Canon’s Dual-Gain Output (DGO) technology, originally pitched for cinematic HDR capture, now help Fortune 500 firms produce CEO keynotes that can survive giant LED walls at shareholder meetings.
- Accessory ecosystems grow. Demand for studio-grade lenses, PTZ heads, teleprompters, and robotic dollies rises in lockstep.
InfoComm 2025: Live Events, Esports & Sustainability Take Center Stage
InfoComm 2025 doubled down on the live-event sector, dedicating entire pavilions to esports, mixed-reality stages, and net-zero booth builds. AV Network’s show-floor coverage highlighted new products from Crestron, Daktronics, Mersive, Plexus AV, and Promethean that target large-venue workflows—from 240 Hz LED walls to IP-native control surfaces.
Meanwhile, a companion feature outlined panels on million-dollar event project management, esports production pipelines, and greener AV supply chains.
Take-away: Live-event AV is no longer ancillary to PVE growth; it is foundational, both driving unit volumes (high-brightness projectors, line-array speakers, SMPTE ST 2110-ready switchers) and setting the pace of innovation (low-latency contribution codecs, immersive audio objects).
Standards & Protocols: The Road to Interoperable IP Workflows
Standard | 2024–25 Milestone | Why It Matters |
SMPTE ST 2110 | Continues as de-facto IP fabric for broadcast; now extends deeper into enterprise studios. | Guarantees frame-accurate transport of audio, video, and ANC data over Ethernet. |
IPMX | AIMS demoed tested, deployable IPMX devices at InfoComm 2025, signaling near-term market readiness. | Brings ST 2110 principles to live-event AV, adding HDMI and HDCP support. |
SMPTE OSVP / OpenTrackIO | Announced at SMPTE Media Technology Summit 2024. | Creates an open metadata bus for virtual-production stage tracking. |
AV1 | Meta integrated AV1 across Messenger/Instagram; Mozilla defaulted to AV1 for all WebRTC calls in early 2025. | Low-bit-rate, royalty-free codec gains real-time traction, ideal for remotes. |
Strategic angle: Vendors that embed multi-format I/O—SDI, NDI, ST 2110, and soon IPMX—hedge against uncertainty while giving customers a migration path. Ross Video’s Ultrix hyper-converged switcher family embodies that strategy, offering frame-accurate switching plus integrated multiviewing, HDR conversion, and audio shuffling in one chassis.
Hyper-Converged & Cloud-Native Production
The gravitational pull toward software-defined production is obvious in 2024–25 product launches:
- Panasonic Kairos updates add GPU-accelerated scene compositing and instant fail-over redundancy, making the platform suitable for mission-critical sports OB vans and remote production hubs.
- Grass Valley AMPP underpins the new BMG Network Operations Center in Washington DC, where playout, ingest, and monitoring are orchestrated entirely in the cloud.
- Tedial + Moments Lab integrate multimodal AI indexing (MXT-2) into the EVO MAM system, automating shot-listing and highlight-reels.
ROI levers:
- Elastic scaling for pop-up events; operators spin up extra GPU resources only when needed.
- OPEX over CAPEX: SaaS pricing wins budget in corporate and university settings.
- Global talent pool: Editors log in from anywhere; latency-tolerant cloud multiviewers make it possible.
AI, Automation & Metadata Explosion
AV Network’s “InfoComm 2025: AI, Tariffs, and Immersive Innovation” feature notes that AI is now embedded in everything from PTZ auto-tracking to predictive maintenance dashboards.
Concrete examples:
- Auto-Reframing & Shot-Seeker algorithms inside Sony and Canon PTZ lines reduce operator head-count in classrooms and council chambers.
- AI Virtual Anchors: ENCO’s Qimera set demonstrated a synthetic presenter reading live news from a 3D set—an early glimpse at labor-saving (and controversy-spawning) possibilities.
- Multimodal indexing turns raw footage into search-ready assets, as with Tedial’s integration above.
Outcome: Project bids increasingly require “AI-assisted” as a checkbox item, moving the capability from novelty to procurement spec.
Flexible Displays & Spatial Computing
LED and MicroLED walls are no longer flat rectangles:
- AV Network’s trend roundup quotes integrators who now “cover nearly any surface, including columns, curves, floors, ceilings, and even 3D forced-perspective façades.”
- Corporate lobbies deploy transparent OLED ribbons that play brand stories while letting natural light through.
- At ISE and InfoComm preview events, suppliers teased spatial-computing zones where visionOS-ready content floats between physical LEDs and AR headsets—signaling that Apple’s Vision Pro ecosystem will ripple into fixed-install AV.
Esports: The New Anchor Tenant for Stadium AV
Esports has become less a buzzword and more a fully-fledged revenue stream:
- InfoComm + AVI Systems Esports Live 2.0 returns with match play, shout-casting, and production stages, demonstrating full broadcast workflows inside a convention hall.
- ISE 2025 plans a brand-new esports arena on the show floor, emphasizing higher refresh-rate LED, low-latency IP transport, and audience interactivity.
- Case Study: TriCaster + NDI provided end-to-end infrastructure for a collegiate tournament, showing that broadcast-quality production is feasible even for mid-tier budgets.
Why it matters: Esports drives days-long venue bookings, sells VIP experiences, and requires robust, upgradeable video backbones—that’s a perfect upsell opportunity for PVE vendors.
Higher-Education & Corporate Studios Scale Up
- UTA (University of Texas at Arlington) revamped its bilingual broadcast journalism studio with CueScript teleprompting and Ross Video control room gear, achieving 100 % graduate job placement while mirroring industry-standard workflows.
- Multinationals are building executive briefing-center studios that rival mid-market TV stations; vendors report double-digit growth in edge devices like return-video confidence monitors and talent-prompters.
Macro insight: The talent pipeline now trains on pro-grade tools, ensuring future demand for the same vendors when graduates enter the workforce.
Sustainability Moves from Talking Point to Procurement Requirement
Three distinct narratives dominate sustainability coverage: product design, event operations, and supply-chain transparency.
- Product Design: Sony’s “Road to Zero” environmental plan targets climate, resource, chemical, and biodiversity goals.
- Operations: Integrators now pitch energy-dashboard-ready AV racks; features like automatic power-down and PoE-based devices tick ESG boxes. AV Tech Media Solutions reports that “enabling energy-efficiency features” is becoming a standard line-item.
- Supply Chain: Shure highlights solar-powered component plants and aggressive packaging recycling, illustrating how vendor scorecards influence RFP shortlists.
- Bottom line: Sustainability is no longer “nice to have.” It determines who gets invited to bid for Fortune 100 modernization projects.
Regional Hotspots & Competitive Dynamics
- North America (NA): Still the revenue leader but growth moderates to high-single digits as replacement cycles elongate. Esports arenas and corporate studios offset slower broadcaster cap-ex.
- Asia-Pacific (APAC): Fastest growth, fueled by government-backed 8K roadmaps in Japan/Korea and S-VOD boom in India and Southeast Asia.
- EMEA: Strong live-event rebound post-pandemic; ISE moves to Barcelona turbo-charges regional awareness.
In all regions, channel partnerships—not just product spec—determine vendor success. AV Network’s recurring “Pro AV Newsmakers” columns chronicle a quarterly drumbeat of distributor tie-ups and leadership hires, indicating land-grab mode before IPMX and AV1 fully mature.
Risk Factors & Headwinds
- Tariff volatility—highlighted in InfoComm 2025 panels—could squeeze margins on displays and cabling.
- Security & IT convergence: As PVE devices sit directly on corporate networks, zero-trust architectures become mandatory.
- AI ethics: Virtual anchors and deepfake risks prompt early compliance frameworks; vendors must embed watermarking and content provenance tools.
Forecast Methodology & Scenarios
Base Case (6.5 % CAGR): Assumes steady enterprise adoption, full IPMX ratification by 2026, and single-digit component inflation.
Upside (8 % CAGR): Triggered if immersive XR content for retail and museums accelerates MicroLED volume, bringing costs down faster.
Downside (4 % CAGR): Materializes if supply-chain disruptions prolong lead times beyond six months, delaying upgrade cycles.
From Niche Broadcast Gear to Ubiquitous Infrastructure
The 2024–25 news cycle makes one point unmistakable: professional video technology now sits at the intersection of live entertainment, corporate storytelling, and digital transformation. Standards bodies have largely solved the interoperability puzzle; the next leap belongs to creative technologists stitching IP, AI, and immersive canvases into brand-new experiences. As equipment sales rise from US $8.47 billion (2024) to US $13.24 billion (2032), the spoils will go to vendors that balance interoperability, sustainability, and workflow simplicity—all while staying nimble enough to pivot when the next codec, protocol, or display technology emerges.
If you are planning your next studio build, arena upgrade, or corporate town-hall space, the message is clear: future-proof means IP-native, AI-assisted, green by design, and ready to plug into an ecosystem that looks a lot more like IT than the broadcast rack of old. The investment window is open; the standards are stabilizing; and the market math supports the business case. The next generation of pro-grade video experiences starts now—everywhere.
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