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Asia-Pacific Demand for Professional AV Growing
June 26, 2008
Source: InfoComm
InfoComm 2008
Asia-Pacific AV Market Definition and Strategy Study Finds
10% Annual Growth
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 leading trade association representing the professional
audiovisual industry.
The 2008 InfoComm Asia-Pacific AV MDSS provides a comprehensive
overview of the market's size, structure, characteristics
and key players. The report also highlights key differences
between countries in the region – the result of in-depth
interviews with industry experts and key vendors and distributors,
as well as an online survey with 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, Ph.D., Executive Director, InfoComm International.
"This study marks the association's commitment to providing
valuable insights and international business opportunities
to the professional AV industry." Asia-Pacific is the
third region explored by InfoComm International, which has
previously studied the North American and European pro-AV
marketplaces. InfoComm International also offers major professional
audiovisual tradeshows in Asia, China and India, along with
regional roadshows in the Asia-Pacific marketplace.
The 2008 InfoComm Asia-Pacific AV Market Definition and Strategy
Study explores the demand for AV products and services in
the Peoples Republic of China, Hong Kong and Taiwan; Japan;
South Korea; Southeast Asia, including Brunei, Cambodia, Indonesia,
Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand
and Vietnam; Australasia, including Australia, New Zealand,
and Micronesia; and the Indian Subcontinent, including Bangladesh,
India, Nepal, Pakistan, and Sri Lanka.
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