Market Share of Professional Audio-Visual Systems Industry
The professional audio-visual systems market is fragemented and highly competitive due to many small and large players providing their solutions in domestic and international markets. The brand identity associated with companies significantly influences the market. As strong brands are synonymous with better solutions, well-established players are expected to have the upper hand. Some of the major players in the market are AVI-SPL Inc., AVI Systems Inc., Ford Audio-Video LLC, and Solotech Inc., among others. Overall, the intensity of competitive rivalry among the vendors is expected to be high and increase during the forecast period.
- In Januray 2024 - AVI-SPL has has launched its Enterprise Managed Services solution, which includes digital signage, audio-visual (AV), and unified communications (UC) solutions for the workplace, in rooms, and on cloud. The key features of AVI-SPL’s Enterprise Managed Services are its extensive coverage, global reach, simple deployment, and comprehensive support.
- In March 2023, Alphatec AV announced the launch of two leading professional audio brands in India. The company will exclusively distribute BEC-AKUSTIK, a German loudspeaker manufacturer that specializes in ultra-flat and slim speaker designs, and Audio Pro, a Swedish audio company that has been designing and manufacturing speakers with advanced streaming technology and high sound quality.
- In August 2022, AVI-SPL announced it had opened a new office in Bangalore, its third location in India. With over a decade of experience serving clients in India, AVI-SPL formally established operations in the country with the incorporation of AVI-SPL India Private Limited. The Bangalore office would serve as a hub for customer development, audio-visual (AV) and unified communications (UC) engineering, project management, and managed services.
Professional Audio-Visual Systems Market Leaders
AVI-SPL
Diversified
AVI SYSTEMS
CCS Presentation Systems
Ford Audio-Video, LLC
*Disclaimer: Major Players sorted in no particular order
