According to AVIXA™, the global professional AV Industry will reach a staggering USD 325 billion in 2024. And 2020 started off quite well… before we learned a new word: Covid-19, coronavirus.
Let’s start with a quick look at the reasoning behind the AVIXA numbers, published before coronavirus made the headlines. AVIXA’s “2019 AV Industry Outlook and Trends Analysis” states that the demand for pro-AV products and services is driven by a global rise in GDP (Gross Domestic Product), because the pro-AV industry provides solutions to almost all facets of the economy. The forecast shows that Asia-Pacific is overtaking the Americas as the largest revenue-producing region, while all markets globally will show growth.