IBC 2012: Confidence among broadcast kit suppliers has been weaking, according to the latest survey conducted by the International Association of Broadcasting Manufacturers (IABM).
It found that fewer than 70% of the companies in its quarterly analysis of the technology sector are currently making a profit, with the average profit-to-sales ratio standing at 13%.
Aggregate profits in North American companies are said to be declining at a slower rate than those in European companies, while the overall market for broadcast and media technology products and services is growing at just over 2% per annum, according to the trade body.
“The state of the technology supply market is in flux, with unprecedented industry change. The move from tape to file, IT convergence, and the dynamic growth of internet and mobile content delivery are being met with surprising adaptability,” said IABM director general Peter White.
“While our latest findings show a slowdown in growth and supplier confidence, we’re also seeing a positive outlook over the longer term.”
The IABM will present the findings of its Industry Index and End-User Survey at the IABM Conference Session on 7 September at IBC.
Hall 8 Stand F52