System and box camera vendors face whirlwind of change in fluctuating global market
The system and box camera markets faced economic turmoil in FY2023, with broadcasters across North America, Europe and APAC facing pressure from high levels of inflation. This turbulence resulted in the widespread postponement of investment in high-cost broadcast equipment such as system cameras. Alongside this challenge, pro PTZs have also cannibalised demand, placing an additional burden on the professional video space.