Although during the last two years the economic situation in Latin America affected the sustained growth of the audiovisual industry in the region, the expectations for the next 4 years are positive. This is what the market study Panorama of the audio and professional video industry (Pro AV) and trend analysis 2017 (IOTA), produced by Avixa, shows.

The study fixes in an 4% growth the annual growth value for the AV Pro up to 2022. Some data that reflects this study and that allow to foresee a positive panorama of the industry in the region, are the video screens, which represent the 8% of the market - around USD 5 billion in 2016 - and it is expected that between 2017 and 2022 will record an annual growth rate of 11 percent, reaching USD 9.7 billion.

On the other hand, AV installation and integration is the second largest category on the market that generated USD 8.300 million in 2016, and will grow more than 4% per year until 2022, representing USD 10 billion.

- Advertising -

The report states that no other product category will grow as fast as lighting fixtures, but this will only represent the 4% of the investment in the industry. These teams will have a growth rate of 24 percent, and in 2022, they will generate 10% of the value of the AV industry.

Therefore, it is important to prepare for this growth, hand in hand with training, be at the forefront with the latest trends and generate innovative projects with high technical quality.

I am attentive to your comments on the industry at rsanta@avilatinoamerica.com

Richard St.
Author: Richard St.
Editor
Journalist from the University of Antioquia (2010), with experience in technology and economics. Editor of the magazines TVyVideo + Radio and AVI Latin America. Academic Coordinator of TecnoTelevisión & Radio.

IN OTHER NEWS

article thumbnailExtron Extron presents its Collaborative Systems Design Guide which illustrates how brand technology can be used to create spaces ...
article thumbnailSonnet The card readers of the SF3 Pro series from Sonnet have a compact and rugged aluminum housing designed to stack ...
article thumbnailNortek Proficient's Protege speaker series now combines innovative features with a new design to meet the demands of the latest ...
article thumbnailEcuador.For the third consecutive year Christie has participated in the Fiesta de la Luz in Quito, Ecuador, the largest festival of lights in America ...
article thumbnailMexico."Learning to Design an Intelligent Building" is what has been called the forum that KNX will hold this Friday 19 in October in Ciudad de ...
article thumbnailBrazil.The fair of integration of systems and audiovisual, TecnoMultimídia InfoComm Brasil, TMI, reached an agreement with SID to produce its ...
article thumbnailArgentina.The Audio-Technica microphones were chosen to capture the sound, both live and in the retransmissions, for the imminent ...
article thumbnailLatin America.IP convergence means that many automation systems are already running over Ethernet, for which Belden has an extensive ...
article thumbnailBrazil.Beto Carrero World, the largest amusement park in Latin America located in the municipality of Penha, within the State of Santa ...
article thumbnailMexico.In known place of Polanco in Mexico City, Sennheiser presented details about the Wireless technology of its new series of ...
SPONSORS