Pro AV market to hit $106B by 2023

March 31, 2020

The pro A/V market will reach $106.72 billion from 2019 to 2023, growing at a compound annual growth rate of 11% during this period, according to a report by Technavio.

Digital signage has been the primary driver of growth in the market due to its increased usage. The report notes that the market is heavily fragmented and will continue to fragment during the forecasted period.