Playout Automation and Channel-in-a-Box Market Data
The playout automation and channel-in-a-box market achieved revenue of USD 2,887.3 million in 2023, which is expected to grow at a rate of 16.0% during 2024–2030, to reach USD 8,106.4 million by 2030. The increasing demand of viewers for high-quality content promotes expansion within this particular sector. Furthermore, there is also an expanding demand for e-learning and online education.
For instance, Netflix has announced that the tier supported by advertisements would increase its video quality from 720 to 1080 pixels. Netflix, along with competitors such as Amazon Prime Video, and Disney+, is focusing on enhancing the audio and video quality of content to satisfy their viewers. This move directly increases the importance of such solutions.
In addition, the increasing demand for online education and e-learning solutions drives the growth of playout automation and channel-in-a-box services, such as installation and deployment. The primary cause of the market development is the growing popularity of the internet around the world. In addition, the advancement of technologies, including cloud-based solutions, augmented reality and virtual reality, artificial intelligence (AI), and machine learning (ML), will play a significant role in the future development of this market.
AI and ML help complete tasks such as content scheduling, real-time analytics, and audience segmentation with minimal human effort, which optimizes time and resources and promotes customized content via recommendation. Market players gain an edge through AI’s predictive modeling and quality management, which provide better decision-making and optimal output. AI provides good speech recognition tools for natural and synthetic voice and automatically generates captions and subtitles for video content. This improves the viewer's interaction and helps promote the adoption of these features among both content providers and content consumers.