AV technology is often something that is not considered an essential part of doing business, but can be very noticeable if it’s absent or out of date. While audio-visual equipment is obviously key to anything involving a stage and an audience, it’s also important in settings such as offices, schools, hospitals, and churches. A pro AV setup can make a presenter or company look professional and capable, facilitate meetings that are easy to follow both in person and remotely, improve the learning experience for students and teachers, and much more.
It’s not surprising, then, that the global pro AV market is expected to grow by around $75 billion between 2019 and 2023, with two-thirds of that growth coming from the APAC region. While APAC and North America are roughly tied in terms of market share, the rising adoption of advanced technology in the education and business sectors and the increasing use of digital signage mean that the APAC market is growing at a much faster rate than the rest of the world.
Which companies are leading the market for AV technology?
The pro AV market is relatively fragmented, with many different companies offering equipment and services. However, it will become more concentrated over the next several years as vendors navigate the challenges present in the market. Here are some of the key competitors in the pro AV market in 2020.
Anixter
Founded in 1957 in the US, Anixter grew from a small company of 3 to a global organization with over 8,700 employees across more than 50 countries. It offers electrical and electronic solutions, network and security solutions, and utility power solutions for a variety of applications, including enterprise networks, video surveillance, and more. The company also offers wire and cable products, as well as product procurement and deployment.
AVI Systems
AVI Systems began as a supply company in the US in 1974, and is now a global provider of AV solutions for businesses and educational institutions. AVI designs and installs AV technology including monitors, projectors, microphones, speakers, and more. The company has 16 offices across the US.
AVI-SPL
AVI-SPL provides AV technology for organizations around the world, offering technical products and services as well as customized solutions. It was founded in 1979 in the US, and has grown into a global company with offices in Canada, the UK, Germany, and the UAE. The company has made several acquisitions over the past few years in order to strengthen its presence both nationally and internationally.
CCS Presentation Systems
CCS is a US-based AV technology reseller and systems integrator, offering high-performance brands such as Epson, NEC, and Panasonic. Its custom AV solutions include full-services integration, installation, training, and maintenance for corporate, government, and education markets. The company has been in business since 1991, and operates 23 branches across the country.
Diversified
Founded in 1993 to provide technical solutions to the broadcast, audio-visual, IT, and RF markets, Diversified has expanded its scope and reach through investments and acquisitions to provide full-service systems and media technology integration to organizations around the world. The company now serves a wide range of industries, including finance, media and entertainment, education, healthcare, government, and more. Diversified specializes in AV systems, clinical integration, digital signage, electronic security, federal solutions, information technology, mission critical environments, production and distribution, and structured cabling.
Ford AV
Ford AV began in 1973 to design and build recording studios and sound systems. Since then, it has expanded into a US national brand that offers commercial AV integration. Ford AV designs, installs, rents, and services AV systems for a range of clients, including businesses, schools, government, performing arts centers, and more.
New Era Technology
New Era is an IT services provider that offers consultation, training, and service for a variety of industries. The company’s project types include cloud, collaborations and unified communications, data networking, security and life safety, managed services, and professional services. Founded in 2013, New Era has over 30 offices worldwide and supports clients in healthcare, financial services, education, government, corporate enterprise, and facilities and development.
Suggested reading: Top 10 Cloud Computing Service Providers
Telerent Leasing Corporation
TLC is the parent corporation for a group of companies that provide services for audio-visual, interactive, and network systems from design to implementation. It serves healthcare, education, government, and corporate clients, as well as private foundations. The company was founded in 1957 in the US, and now serves all of North America through its brands TeleHealth, Avidex, and DNG. Avidex Industries designs and implements AV technology for the corporate sector, and also offers collaborative communication solutions. TeleHealth and DNG serve the healthcare and education markets respectively.
Suggested reading: How AR and VR Healthcare Technology is Improving Patient Care
Unified Technology Systems
Unified provides design, engineering, and maintenance for low-voltage technology systems that include commercial AV, network physical layer, and security. It serves enterprises and educational institutions and specializes in AV conferencing, boardroom AV, presentation systems, and training room solutions. The company also offers digital signage systems and interactive technology classroom solutions.
In December 2019, Unified was acquired by Solutionz, a provider of AV integration, support services, and cyber security. Unified will rebrand under the Solutionz name over the coming months and continue operating in the southwestern US.
Vistacom
Vistacom was founded in 1954 in the US and has grown from a small family business to an industry-leading audio-visual integration firm. The company offers AV technology, control room, and unified collaboration solutions. The company’s services include AV/IT network integration, custom programming, managed services, training, and more. It provides AV solutions such as presentation and training systems, digital signage, streaming and archiving, and remote monitoring.
Learn more about the global pro AV industry with Technavio’s market research report, including:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the pro AV market during the next five years
- Precise estimation of the global pro AV market size and its contribution to the parent market
- Informed predictions on upcoming trends and changes in consumer behavior
- The growth of the pro AV industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pro AV vendors
