On the occasion, Vidya Nath, Research Director, ICT Practice, Frost & Sullivan, presented findings from Frost & Sullivan’s soon to be released report on the Indian Broadcast Equipment Industry Outlook. The market is likely to grow from nearly US $100 million in 2013 to US $168 million in 2017 at a CAGR of 9 percent, with a significant interest in HD cameras and video servers. She said, “India is highly fragmented by content type, region, and size of broadcasters. About 25 percent have a broadcast equipment budget of over US $160, 000 (INR 1 Crore), while nearly 40 percent plan to spend less than US $41, 000 (INR 25 lakh) this year. It is true that sometimes equipment purchase outlays are cyclical and typically, significant purchasing cycles are repeated every three to four years. Yet, Frost & Sullivan believes there will be little change in this trend in the short term.”
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