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Audio Over IP Solutions Market

Audio Over IP Solutions Market
Audio Over IP Solutions Market - Production Facilities Are Already Shifting From
Analog To Digital Infrastructure
Audio over IP Solutions Market – Overview
Audio over IP (AoIP), also known as audio contribution over IP (ACIP), is a
distribution technology for high-quality digital audio feeds over the Internet. An
audio over IP solution is a flexible and cost-effective solution that enables encoding,
decoding, and transcoding of multiple audio contents at the same time. AES67 Open
Standard was formulated for audio over IP by the Audio Engineering Society (AES) in
2013. AES67 provides a set of guidelines for the existing and upcoming audio over IP
systems to make them compatible with other AES devices. Internet protocol (IP)
technology is replacing the traditional approach of point-to-point cable connections
while changing the broadcast industry in a revolutionary manner. Traditional pointto-point cable connections restrict the transmission of media or data between two
points and for audio, to a relatively lower number of channels. On the other hand,
in case of an IP-based operation, the device needs a single connection to a network
to be capable to receive and send the data and audio from and to any other device
on the network. This significantly reduces the number of cables required and
eventually, the capital expenditure on infrastructure. Broadcast solution providers,
musicians, and home studios have started replacing USB-wired connections with IPenabled network solutions.
Various benefits provided by audio over IP solutions such as reduction in overall
costs and workflow improvement are expected to drive the audio over IP solutions
market from 2018 to 2026. Furthermore, most TV broadcast and production facilities
are already shifting from analog to digital infrastructure. AoIP solutions are expected
to replace dedicated broadcast infrastructure such as patching and distribution
systems and routers in the near future. Due to this, the TV broadcast industry
segment is expected to hold a significant share of the audio over IP solutions market
in the next few years.
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Audio over IP Solutions Market – Segmentation
The global audio over IP solutions market can be segmented based on component,
industry vertical, and region. Based on component, the audio over IP solutions
market can be segmented into hardware, software, and services. The hardware
segment can be sub-divided into codec, encoders, gateways, transceivers, and others.
The software segment can be sub-classified into cloud-based software and on-premise
software. The services segment can be sub-categorized into professional services and
managed services. The cloud-based software sub-segment is expected to witness
lucrative growth during the forecast period. Significant adoption of cloud-computing
technologies and any-time and any-device availability of cloud-based solutions are
expected to drive the cloud-based software sub-segment in the next few years. Based
on industry vertical, the audio over IP solutions market can be segmented into radio
operators, TV operators, content programmers, government, IT & telecom, and others.
Based on region, the global audio over IP solutions market can be divided into North
America, Europe, Asia Pacific, Middle East & Africa, and South America. The global
audio over IP solutions market is expected to be dominated by North America during
the forecast period, due to presence of well-established players in the U.S. and strong
adoption of audio over IP solutions by major broadcast service providers.
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