Report Overview:
Live IP broadcast equipment enables real-time distribution of audio and video content over internet protocol networks, revolutionizing traditional broadcasting methods. This technology stack includes broadcast switchers (holding 45% market share), IP routers, encoders/decoders, and media servers - all critical for modern 4K/8K and cloud-based productions. The shift from SDI to IP infrastructure is accelerating due to its cost efficiency and flexibility.
The market growth is primarily driven by escalating demand for live sports streaming and news broadcasting, which accounted for 60% of total IP broadcast deployments in 2024. North America dominates with 35% market share, fueled by major broadcasters adopting SMPTE ST 2110 standards. Recent developments include Sony's 2024 launch of IP extension modules supporting 8K HDR workflows, reflecting the industry's push towards higher resolution content delivery. Leading vendors like Grass Valley and Evertz are increasingly integrating AI-powered automation to manage complex IP routing environments.
Market Value:
Global Live IP Broadcast Equipment market was valued at USD 1.34 billion in 2024 and is projected to grow from USD 1.56 billion in 2025 to USD 3.72 billion by 2032, exhibiting a CAGR of 16.0% during the forecast period.
(2024 – 2032)
