EN CN

What is the market prospect of wireless video transmission systems

Jun 19, 2023

What Is The Market Prospect Of Wireless Video Transmission Systems

Wireless video transmission system, as an emerging communication technology, has broad market prospects and application potential. With the development and popularization of technologies such as 5G, the Internet of Things, and smart homes, wireless video transmission systems will play an important role in various fields and scenarios, meeting people's needs for high-definition, real-time, and convenient video transmission.

 

According to the report "Current Situation and Future Development Trends of Global and Chinese Wireless Video Transmission System Market 2022-2028", the global wireless video transmission system market sales reached 2.86 billion US dollars in 2021, and it is expected to reach 5.47 billion US dollars in 2028, with a compound annual growth rate (CAGR) of 7.9% (2022-2028). From the perspective of the core market, China's wireless video transmission system market accounts for about 20% of the global market share, making it one of the most important consumer markets in the world, and its growth rate is higher than that of the world. The market size in 2021 is about 4 billion yuan, and the compound annual growth rate from 2017 to 2021 is about 10%.

 

The market demand for wireless video transmission systems mainly comes from the following aspects:

 

In the field of broadcasting, film and television: Wireless video transmission systems can improve the efficiency and quality of broadcasting, film and television production, achieve synchronous shooting and monitoring from multiple angles, locations, and devices, and avoid the complexity and inconvenience caused by wired connections.

 

In the field of drones: Wireless video transmission systems can achieve high-definition real-time image transmission between drones and ground consoles, improving the flight safety and application value of drones.

 

• Smart home field: Wireless video transmission systems can achieve video interconnectivity between smart home devices, such as smart doorbells, smart cameras, smart televisions, etc., improving home safety and comfort.

 

Other fields: Wireless video transmission systems can also be applied in medical, educational, conference, security and other fields, achieving functions such as remote diagnosis, online teaching, wireless screen projection, and video monitoring.

 

The market development of wireless video transmission systems still faces some challenges and opportunities:

 

Technical challenge: Wireless video transmission systems need to address technical issues such as bandwidth, latency, anti-interference, and power consumption to ensure the quality and stability of video signals. With the emergence of new technologies such as WiFi 6 and UWB, wireless video transmission systems are expected to achieve better performance and experience.

 

Market competition: The wireless video transmission system market involves multiple links such as chips, modules, devices, and applications. The market competition is fierce and requires continuous innovation and optimization of products and services to meet the needs and expectations of different customers.

 

Policy support: The wireless video transmission system market is influenced and supported by policies, such as the allocation and management of wireless spectrum, regulation and regulation of drones, standards and certification of smart homes, etc., which is conducive to regulating market order and promoting industrial development.

 

In summary, wireless video transmission systems are a promising communication technology. With the advancement of technology and the expansion of the market, wireless video transmission systems will play a greater role in various fields and scenarios, bringing people a better video transmission experience.