Global KVM and PRO AV
Market Is Estimated To Witness High Growth Owing To Increasing Demand for
High-Quality Audiovisual Products and Growing Adoption of Cloud-Based Solutions.



The
global KVM and PRO AV market is estimated to be valued at US$284,522.3 million
in 2021 and is expected to exhibit a CAGR of 10.8% over the forecast period
2021-2027, as highlighted in a new report published by Coherent Market
Insights.



A) Market Overview:



The KVM and PRO AV market involve the integration of audiovisual technology
with KVM (Keyboard, Video, and Mouse) switches to create immersive and
interactive audio and visual experiences. These technologies find applications
in various sectors such as healthcare, education, entertainment, corporate, and
government. KVM switches enable centralized control and management of multiple
devices, while PRO AV technologies enhance the quality and delivery of audio
and video content.



B) Market Dynamics:



1. Growing demand for high-quality audiovisual products:

One of the major drivers of the KVM and PRO AV market is the increasing demand
for high-quality audiovisual products. With the rise in digitalization and
remote working trends, organizations require advanced audiovisual solutions to
enhance communication, collaboration, and productivity. High-definition
displays, video conferencing systems, and digital signage solutions are
witnessing significant demand, driving the growth of the market.



2. Growing adoption of cloud-based solutions:

Another driver of the market is the growing adoption of cloud-based solutions.
Cloud-based PRO AV solutions offer flexibility, scalability, and
cost-effectiveness, enabling organizations to streamline their audiovisual infrastructure.
Cloud-based platforms also facilitate remote management and monitoring of
audiovisual devices, providing enhanced control and convenience. The shift
towards cloud-based solutions is expected to fuel the market growth during the
forecast period.



C) Segment Analysis:



The KVM and PRO AV market can be segmented based on products, end-users, and
regions. In terms of products, the market can be categorized into KVM switches,
audio equipment, video equipment, control systems, and others. Among these, the
video equipment segment is expected to dominate the market as it includes
displays, projectors, and video walls, which are widely used in various
applications. The increasing demand for large displays and digital signage for
advertising and promotional activities is driving the growth of this segment.



D) PEST Analysis:



Political: The political landscape may influence the KVM and PRO AV market in
terms of government regulations and policies related to the adoption and usage
of audiovisual technologies.



Economic: The economic factors, such as GDP growth, disposable income, and
consumer spending, can impact the market's growth. The increasing investments
in infrastructural development and technological advancements contribute to the
market's expansion.



Social: The socio-cultural factors, such as changing consumer preferences and
increasing demand for digital entertainment and communication platforms, drive
the growth of the KVM and PRO AV market.



Technological: The technological advancements in audiovisual technologies,
including 4K displays, wireless connectivity, and cloud-based solutions, propel
the market's growth. The integration of AI and IoT in audiovisual devices is
enhancing the user experience and driving market demand.



E) Key Takeaways:



The global KVM
and PRO AV market is expected to witness high growth, exhibiting a CAGR
of 10.8% over the forecast period, due to the increasing demand for
high-quality audiovisual products and growing adoption of cloud-based
solutions.



Regional analysis reveals that North America is the fastest-growing and
dominating region in the KVM and PRO AV market, owing to the presence of major
market players, technological advancements, and high investments in audiovisual
infrastructure.



Key players operating in the global KVM and PRO AV market include Anixter
International Inc., AVI Systems Inc, AVI-SPL Inc., CCS Presentation Systems,
Ford Audio-Video LLC, Avidex Industries, Herman ProAV, Kramer Electronics,
Samsung, Vistacom Inc, Biamp Systems, proAV Limited, Professional Audio Visual
Ltd., Cypress Technology Co., Ltd. (CYP), Pro AV Solutions Pty Ltd, Audio
Technica, NETGEAR, LG Electronics, Logitech, Sony, Black Box Corporation,
Guntermann & Drunck GmbH, Aten International Co., Ltd, Adder Technology
Ltd, Rextron. These players focus on innovation, partnerships, and strategic
collaborations to enhance their market presence and cater to the growing
customer demands.