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The global live internet protocol (IP) broadcast equipment market is expected to see rapid growth in the next few years, reaching $2.61 billion in 2028 at a CAGR of 16.0%. This growth can be attributed to the rising demand for remote production, live sports streaming, sustainability, and next-generation codecs. Major trends include cloud-based production solutions, IP-based interoperability standards, and AI and machine learning integration. Top companies in the market include Sony, Panasonic, Cisco, and Ericsson.