End-user Demand Grows
Since the inception of our new quarterly survey of end-user demand in the early part of 2021, we have seen steady increases in both the percentage of end-user decision-makers planning capital improvements and reporting increases in their budgets. In Q1 of this year, 59% said that their expected spending represented a year over year increase, up 7 points from this time last year. This further confirms rising demand for AV products and services as these improvement budgets translate into integration projects. Subscribe to the MOAR series to dig deeper into the international data set, filterable by country and vertical market, with a variety of additional metrics relating to spaces receiving upgrades, solution types, and products of focus. The Q2 2022 results are scheduled to be posted within the next couple of weeks.
Helping lead the charge of AVIXA's research efforts into the trends and opportunities in the pro AV industry. When not digging into data, speaking and writing about the trends, or discussing where to focus our research efforts next, I enjoy spending time outdoors on walks, hikes or fishing adventures. Though I also have a soft spot for consuming AV content in my DIY home theater, thanks to a love for good audio I get honest from my Dad!
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