Top 20 AudioVisual Technology Companies - 2019
The technology landscape is always evolving. Today's new device may become obsolete in a few months or years. It is the same case with audiovisual (AV) industry. It has evolved from what it was two decades ago, where CRT television seemed like a great achievement, however, today they are hardly used. With the rapid change in technology, AV is evolving to be better with each passing day, and many verticals like K-12, Manufacturing, and Healthcare have started leveraging it. According to AV Industry Outlook and Trends Analysis (IOTA) Global Summary produced by AVIXA, sales in the professional audiovisual industry will grow from $186 bn in 2018 to $230 bn by 2023.
Today, AV solution providers are coming out with innovative offerings, where video quality, in particular, has taken center stage. LED walls, flat screen displays, next-gen displays that are lighter and foldable, solution providers are working extensively on bringing better products to the market, then there are holograms, creative lighting that is completely revolutionizing the AV space. Moreover, AR and VR technologies are being adopted widely in the market, which will further alleviate the participation of users, and provide a highly-immersive experience. With the AV space still advancing, many startups and organizations are pooling in with their innovative solutions.
Artificial intelligence and machine learning are percolating in the most aspects of technology; AV too is no different, these technologies come with a huge potential to automate various complex tasks. For example, various voice assistant like Alexa by Amazon, Cortana by Microsoft, Siri by Apple, and Google Assitant are slowly being incorporated in lighting solutions. In the future, AI and ML will be a crucial component of AV devices, being used while driving a car, processing an image or controlling smart homes.
Another crucial trend that has taken audiovisual industry by storm is projection mapping. A new way of projection, it involves multiple projectors to project images across irregular surfaces, creating a 360-degree immersive experience. It is been quickly adopted in live shows, advertising campaigns, presentations, conference, trade shows and more such events. With projection mapping the possibilities are endless, it all depends on creativity to better use it. With traditional projection, it was possible to target two-dimensional plane, but projection mapping things like video floors or video tunnels have become reality, in comparison to projection mapping, video projection pales out.
Overall, the trends are moving towards unified solutions, and considering the high-cost coupled with the high complexity in integration projects, solution provider are offering end-to-end solutions. With the AV space still advancing, many startups and organizations are pooling in with their innovative solutions. Considering all these developments in the AV landscape, the editorial board at CIOReview has chosen a handful of most promising audiovisual solution providers after evaluating their technical prowess to assist organizations with their AV requirements. We have considered the vendor's ability in delivering solutions; keeping in mind, the factors like the expertise in the domain, skills, competencies, and the impact of the solution on the business.
We present to you CIOReview's "20 Most Promising Audiovisual Solutions Providers – 2019."