Market Forecast By Type (Capture and Production Equipment, Video Projection, Streaming Media, Storage and Distribution, Others), By Solution (Product, Services), By Distribution Channel (Direct, Indirect), By End-User Vertical (Corporate, Education, Government, Media, Hospitality, Venues and Events, Retail, Others)
Product Code: ETC10153011 | Publication Date: Mar 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 71 | No. of Figures: 18 | No. of Tables: 5 |
Singapore Professional AV Market Report thoroughly covers the market by type, solutions, distribution channel and end-user. Singapore Professional AV Market Outlook report provides an unbiased and detailed analysis of the ongoing Singapore Professional AV Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Singapore Professional AV market is driven by the growing adoption of advanced audiovisual technologies across corporate, education, hospitality, media and entertainment sectors. The increase in registered offices, from 400 in 2020 to over 700 in 2023, including those catering to ultra-high-net-worth individuals (UHNWIs), has been driving demand for professional AV solutions across the corporate sector. This surge has fueled investments in high-end conferencing systems, immersive displays, luxury hospitality venues, private entertainment spaces, and smart automation technologies, reinforcing the growth of Singapore’s Professional AV market as businesses seek cutting-edge solutions for seamless communication. Moreover, Singaporean government has strongly emphasized digital adoption, especially for SMEs, by allocating SGD1 billion (USD724 million) to fund digital transformation schemes, such as the Emerging Technology Programme, and launching the SMEs Go Digital initiative to help businesses embrace digital solutions, which would further contribute to the continued adoption of Professional AV solutions.
According to 6Wresearch, the Singapore Professional AV Market Size is anticipated to grow at a CAGR of 9.2% during 2025-2031. The number of jobs in tech-enabled startups in Singapore is projected to rise from 5,000 in 2015 to 168,000 by 2035, potentially driving the adoption of advanced AV solutions to support seamless communication, remote collaboration, and hybrid work environments. As corporations embrace hybrid work models, virtual meetings, high-quality video walls, and AI-powered audio systems to enhance communication and collaboration, the need for high-quality conferencing systems, interactive displays, and immersive AV solutions is surging, which is further expected to drive the market expansion in the upcoming years.
The Streaming Media, Storage, and Distribution segment is anticipated to achieve the largest revenue size and the highest growth rate in Singapore's Pro AV market by 2031. Increasing demand for live streaming, on-demand content, and efficient media delivery across industries would drive this growth, supported by the rising adoption of cloud-based platforms and advanced content distribution technologies.
The Services segment is anticipated to achieve the highest growth rate in Singapore's Pro AV market by 2031. Growing demand for professional AV integration, maintenance, and managed services—driven by the need for seamless system performance and ongoing technical support—is fueling this growth. As businesses prioritize expert installation, customization, and long-term service agreements to optimize their AV investments, the Services segment is expected to maintain its dominance in the market.
The Indirect segment is expected to achieve the highest growth rate in Singapore's Pro AV market by 2031. Growing reliance on distributors, system integrators, and resellers for comprehensive AV solutions, competitive service offerings, and extensive industry expertise is driving this growth. As businesses seek seamless procurement, installation, and support through established channel partners, this segment is likely to maintain its dominance in the market.
The corporate sector is anticipated to hold the largest revenue share and experience the highest growth rate in Singapore's Pro AV market by 2031. Increasing adoption of advanced AV solutions for corporate communications, hybrid work environments, and digital collaboration would further drive the sustained demand.
The report provides a detailed analysis of the following market segments:
Product
Services
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Singapore Professional AV Market Overview |
3.1 Singapore Professional AV Market Revenues (2021-2031F) |
3.2 Singapore Professional AV Market Industry Life Cycle |
3.3 Singapore Professional AV Market Porter Five Forces |
4. Singapore Professional AV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Singapore Professional AV Market Trends and Evolution |
6. Singapore Professional AV Market Overview, By Type |
6.1 Singapore Professional AV Market Revenue Share, By Type (2024 & 2031F) |
6.1.1 Singapore Professional AV Market Revenues, By Capture & Production Equipment (2021-2031F) |
6.1.2 Singapore Professional AV Market Revenues, By Video Projection (2021-2031F) |
6.1.1 Singapore Professional AV Market Revenues, By Streaming Media, Storage and Distribution (2021-2031F) |
6.1.2 Singapore Professional AV Market Revenues, By Others (2021-2031F) |
7. Singapore Professional AV Market Overview, By Solution |
7.1 Singapore Professional AV Market Revenue Share, By Solution (2024 & 2031F) |
7.1.1 Singapore Professional AV Market Revenues, By Product (2021-2031F) |
7.1.2 Singapore Professional AV Market Revenues, By Services (2021-2031F) |
8. Singapore Professional AV Market Overview, By Distribution Channel |
8.1 Singapore Professional AV Market Opportunity Assessment, By Distribution Channel (2031F) |
8.1.1 Singapore Professional AV Market Revenues, By Direct (2021-2031F) |
8.1.2 Singapore Professional AV Market Revenues, By Indirect (2021-2031F) |
9. Singapore Professional AV Market Overview, By End-User Vertical |
9.1 Singapore Professional AV Market Revenue Share, By End-User Vertical (2024 & 2031F) |
9.1.1 Singapore Professional AV Market Revenues, By Corporate (2021-2031F) |
9.1.2 Singapore Professional AV Market Revenues, By Education (2021-2031F) |
9.1.3 Singapore Professional AV Market Revenues, By Government (2021-2031F) |
9.1.4 Singapore Professional AV Market Revenues, By Media (2021-2031F) |
9.1.5 Singapore Professional AV Market Revenues, By Hospitality (2021-2031F) |
9.1.6 Singapore Professional AV Market Revenues, By Venues & Events (2021-2031F) |
9.1.7 Singapore Professional AV Market Revenues, By Retail (2021-2031F) |
9.1.8 Singapore Professional AV Market Revenues, By Others (2021-2031F) |
10. Singapore Professional AV Market Key Performance Indicators |
11. Singapore Professional AV Market Opportunity Assessment |
11.1 Singapore Professional AV Market Opportunity Assessment, By Type (2031F) |
11.2 Singapore Professional AV Market Opportunity Assessment, By Solution (2031F) |
11.3 Singapore Professional AV Market Opportunity Assessment, By Distribution Channel (2031F) |
11.4 Singapore Professional AV Market Opportunity Assessment, By End-User Vertical (2031F) |
12. Singapore Professional AV Market Competitive Landscape |
12.1 Singapore Professional AV Market Revenue Ranking (2024) By Top 3 Companies |
12.2 Singapore Professional AV Market Competitive Benchmarking, By Technical and Operating Parameters |
13. Company Profiles |
13.1 Sony Electronics Asia Pacific Pte. Ltd. |
13.2 Panasonic Connect Asia |
13.3 Dell Technologies |
13.4 Hewlett-Packard Inc. |
13.5 Extron Electronics Asia Pte Ltd |
13.6 Sennheiser electronic SE & Co. KG |
13.7 Crestron Electronics, Inc. |
13.8 Legrand AV |
13.9 Samsung Electronics Singapore |
13.10 Barco NV |
14. Key Strategic Recommendation |
15. Disclaimer |
List of Figures |
1. Singapore Professional AV Market Revenues, 2021-2031F ($ Million) |
2. Work Model Preference in Singapore 2024 (%) |
3. Singapore Online Learning Market 2019 & 2027F ($ Million) |
4. Singapore Ed Tech Sector Funding 2023 & 2024 ($ Million) |
5. Devices Used Most To Watch TV Content in Singapore 2023 |
6. Singapore Top Video Streaming Platform By Subscriber Count in 2023 |
7. Singapore Professional AV Market Revenue Share, By Type, 2024 & 2031F |
8. Singapore Professional AV Market Revenue Share, By Solution, 2024 & 2031F |
9. Singapore Professional AV Market Revenue Share, By Distribution, 2024 & 2031F |
10. Singapore Professional AV Market Revenue Share, By End-User Vertical, 2024 & 2031F |
11. Number of Cinema Screens By Major Exhibitors in Singapore, 2023 |
12. Nominal Value Added from Digitalization in the Rest of Economy ($ Billion) and % Share of GDP, 2020-2023 |
13. Singapore Digital Adoption Intensity, By Sectors, 2022 & 2023 |
14. Singapore Professional AV Market Opportunity Assessment, By Type, 2031F |
15. Singapore Professional AV Market Opportunity Assessment, By Solution, 2031F |
16. Singapore Professional AV Market Opportunity Assessment, By Distribution Channel, 2031F |
17. Singapore Professional AV Market Opportunity Assessment, By End-User Vertical, 2031F |
18. Singapore Professional AV Market Share Ranking, By Company, 2024 |
List of Tables |
1. Percentage Adoption of Hybrid Work Culture in Singapore Organizations July 2023 & July 2024 |
2. Singapore Professional AV Market Revenues, By Type, 2021-2031F ($ Million) |
3. Singapore Professional AV Market Revenues, By Solution, 2021-2031F ($ Million) |
4. Singapore Professional AV Market Revenues, By Distribution, 2021-2031F ($ Million) |
5. Singapore Professional AV Market Revenues, By End-User Vertical, 2021-2031F ($ Million) |