The global Playout Automation and Channel-in-a-Box market is experiencing significant growth, driven by the rise of the Industrial Internet of Things (IIoT), the increasing demand for high-definition (HD) and ultrahigh-definition (UHD) content, and the popularity of over-the-top (OTT) streaming services. This market is expected to reach $63.3 billion by 2031, presenting a lucrative opportunity for industry stakeholders.
The Industrial Sensors Market is experiencing significant growth due to the integration of Internet of Things (IIoT) technology in factories. Real-time data collection from various sensors, including level sensors, pressure sensors, image sensors, and condition monitoring sensors, is crucial for transparency, efficiency, and profitability in industrial operations. Legacy machinery is being upgraded with advanced sensors to enhance performance and ensure machine uptime. Wireless autonomous sensors enable real-time data collection on manufacturing floors preventing facility stoppages and false detection.
