The video equipment market consists of sales of video equipment and related services that are used in various applications such as residential and commercial purposes. Video equipment include televisions, video cameras, Blue-ray players, and video cassette recorders.
The global video equipment market was worth $120.47 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 1.53% and reach $127.99 billion by 2023.
