AVIXA released its findings from its 2024 Industry Outlook and Trends Analysis (IOTA). The findings are positive: Pro AV revenue will grow from $306.4 billion in 2023 to $325 billion in 2024, a healthy growth rate of 6.1%, but down from 6.9% from the previous year. The market will add $98 billion over the next five years, with a 5.35% CAGR. While office upgrades and evolution continue, the experience economy is dominating growth in Pro AV.
AVIXA’s 2024 Industry Outlook and Trends Analysis presents data and analysis about the size of the Pro AV industry with a global perspective plus regional and vertical breakouts. The research covers product trends, solution categories, and vertical markets.
