Audio Over IP Solutions Market

Audio Over IP Solutions Market – Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2018 – 2026
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 pointto-point cable connections while changing the broadcast industry in a
revolutionary manner. Traditional point-to-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 IP-enabled
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.
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 onpremise 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 wellestablished players in the U.S. and strong adoption of audio over IP
solutions by major broadcast service providers.
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Audio over IP Solutions Market – Key Players
Market players are implementing various strategies including
technology alliances and partnerships in order to offer technologically
advanced solutions to end-users. In June 2018, SDVoE Alliance and
Audinate Group Limited collaborated to work on video and audio
integrated control platforms. SDVoE Alliance is an organization of
industries that brings market players together so as to standardize IPbased software and hardware platforms.

Audio Over IP Solutions Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026

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