FAIRFAX, Virginia, Nov. 15, 2016 /PRNewswire/ -- InfoComm International® has entered into an agreement with IHS Markit, a global leader in critical information, analytics and solutions, to analyze and forecast the market for professional audiovisual products and services worldwide. The new, comprehensive reports, due for release in 2017, supersede InfoComm's previous Market Definition and Strategy Study series of research products, which was last updated in 2014 and forecast the pro-AV industry through 2016.
The new family of market-sizing studies, conducted by IHS Markit on behalf of InfoComm, will draw on the London-based firm's extensive resources covering the breadth of professional AV, from displays and digital signage, to AV infrastructure and audio systems, to streaming and mobile AV. In recent years, through organic growth and acquisitions, IHS Markit has accumulated the expertise of established analyst firms in the pro-AV space and related industries, including DisplaySearch, IMS Research, Infonetics Research, iSupply Corp., Screen Digest and RootMetrics.
"Working with IHS Markit presents a great opportunity for InfoComm," said David Labuskes, CTS®, CAE, RCDD, Executive Director and CEO of InfoComm International. "Their team of analysts will bring unprecedented insight into our industry, which not only benefits our members and other AV companies, but also helps us tell the story of this dynamic industry to enterprise decision makers at organizations that seek experiences and outcomes from audiovisual technology."
"We're excited to collaborate with InfoComm on this project," said Tom Morrod, Senior Director for Consumer, Media and Telecoms Research at IHS Markit. "We will bring the full range of expertise and experience on the pro-AV industry into a new market analysis and help provide strategic insight and information to the industry. We look forward to working widely with InfoComm to make this the best available research on this market."
The new set of reports will offer a global view of the pro-AV industry and include region-specific versions for Europe, Asia-Pacific and the Americas. Through its agreement with IHS Markit, InfoComm will generate specific reports for sub-regions and specific countries.
About InfoComm International
InfoComm International® is the global trade association representing the commercial audiovisual and information communications industries. Established in 1939, InfoComm has more than 5,400 members, representing over 70,000 AV professionals worldwide, including manufacturers, systems integrators, dealers and distributors, independent consultants, programmers, rental and staging companies, end users and multimedia professionals from more than 80 countries. InfoComm International is the leading resource for AV standards, market research and news. Its training, certification and education programs set a standard of excellence for AV professionals. InfoComm International is the founder of InfoComm, the largest annual conference and exhibition for AV buyers and sellers in the Western Hemisphere. InfoComm also produces trade shows in China, Europe, India, Latin America and the Middle East. Additional information is available at infocomm.org.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world's leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
SOURCE InfoComm International