The threat of economic crisis forged by runaway real estate developers notwithstanding, China is simply too big a market to ignore. However, internal competition and policy – which favours domestic manufacturers – make it hard to succeed without the right local support. Summing this up is Jason Zhao, GM at…
The new normal in Canada post-pandemic has been busier than anticipated with a wave of new construction driving AV business into 2024. Pro AV is back “in full swing” says Caitlin Doherty, vice-president of Erikson Audio which distributes Powersoft. “The key dealers are growing and with that growth there is…
As the third largest pro AV market in APAC according to AVIXA, India is also the fastest-expanding economy in the region, with a projected GDP growth of seven per cent. “Pro AV in India is currently witnessing a transformation and is growing rapidly,” says Gagan Verma, vice-president, India & SAARC…
It’s been a tough start to the year in the United States. Although it remains the largest country in terms of pro AV spend ($76.7 billion in 2022) growth in 2023 is tracking at 7.5 per cent, relative to 10.2 per cent last year. When AVIXA updates these figures, mid-year,…
AVIXA’s current Industry Outlook Trends Analysis (IOTA) shows the UK market for pro AV growing by 7.6 per cent in 2023, reaching U$7.7 billion. Growth slows over the next five years, with a compound annual rate of 5.5 per cent. Although this forecast was put together before the war in…
The UK’s decision to separate from the European Union continues to reverberate and is overwhelmingly negative, according to the latest review of the country's pro-AV market in the May print edition of AV Magazine. Let’s take the benefits. Greater autonomy in setting trade policies and regulations could result in reduced…
A new cycle of political stability could provide the basis for strong market growth in Italy allowing companies to invest in new processes and technologies. Adriano D’Alessio, country manager for Lightware judges the prospects for pro AV in Italy “effervescent”; Massimiliano Carlesi of HYPERVSN says the market is “solid and…
The headwinds of economic uncertainty notwithstanding, 2023 bodes well for the industry in Iberia. In many sectors post-pandemic recovery was faster than expected with companies “thirsty” to communicate, according to Luis Carmo of Christie distributor, Total AV which is very optimistic for the immediate future. Christie’s local manager Marcos Fernández…
Dark clouds on the horizon cannot be ignored and integrators have a blurred vision of the future with a recession expected in the next six months,” says Jeroen Helms, regional sale director, Peerless-AV. That said, the pandemic caused a backlog of authorised projects that are now being implemented across the…
Buoyed by positive pandemic developments, the Asian Development Bank forecasts that developing East Asian economies will grow 5.2 per cent in 2022. AVIXA predicts the market will generate U$6.79 billion in pro AV revenues this year, representing an impressive 13.5 per cent growth over 2021. Next year looks promising too,…
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