CONTROL ROOM TECHNOLOGY SECTOR IS A CRUCIAL ELEMENT IN NEW BUILDINGS
The control room has always been a central part of offices, factories and transport centres such as railway and bus stations, airports and ferry terminals. In these days of the smart building, smart factory and, ultimately, the smart city, the role of control rooms is set to change and become more important due to the amount of data that will be passing round not only individual premises but also multiple premises linked on a network.
The importance of the Control Room AV market is already being shown by the fact that it is growing at 6.8 percent Compound Annual Growth Rate (CAGR) globally. This figure is higher than the average growth rate for the whole AV industry, with the Command and Control sector accounting for a total revenue of $13.5 billion over all international territories.
These figures are produced by IOTA (Industry Outlook and Trends Analysis) on behalf of AV trade association AVIXA (Audiovisual and Integrated Experience Association). The influence of IT has not only changed how AV systems are designed and installed, with more reliance on COTS (commercial off-the-shelf) equipment such as computers and associated servers, but also made an impact on revenues. Streaming Media, Storage and Distribution now accounts for revenues of $66.12 billion in AV installations, with a CAGR of 26.87.9 percent.
The AV market figures do, however, have to be examined in relation to overall economic reports. GDP (Gross Domestic Profit, a measure of the total flow of goods and services produced by an economy) for the Americas was lower this year (2019) at 2.7 percent, compared to 2.9 percent in 2018, partly due to the trade dispute between the US and China. Europe, the Middle East and Africa saw a more significant drop in GDP, from 2.0 percent in 2018 to 1.3 percent for 2019. This has been attributed to concerns about weaker sales, trade wars and geo-political uncertainty.
While these findings cannot be ignored, the fact that the AV market continues to show sizeable growth, with forecasts predicting this will continue into the next decade, can give some confidence that this technology sector is regarded as a crucial element in new buildings and how modern businesses run.
Control Rooms Summit (CRS) is a half-day conference produced by Integrated Systems Events. CRS will discuss business and technology strategies for control rooms across a wide range of vertical markets. It is being held on 11 February 2020 at the Hotel Okura during Integrated Systems Europe (ISE), the world’s largest exhibition for professional AV and systems integration (11-14 February 2020, RAI Amsterdam).
- Control Rooms Summit (CRS) ISE 2020
- Tuesday 12 February 2020, 9:00-13:00
- Hotel Okura, Amsterdam
- Tickets are available here