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A recent AVIXA survey report indicated that though AV sales
witnessed a sharp decline in February 2020, a growth of 3.4 points in the July
2020 AV sales index was recognized, compared to the sales index in June 2020.
This is the first time since February 2020 that AV sales are showing growth,
even if slow. Additional survey questions revealed a year-to-date revenue
decline of 20.8% and a drop of 9% in staffing. Despite these declines, service
providers are optimistic about recovery.
A majority of them anticipate that revenues will return to pre COVID-19
levels by the end of next year.
A positive indicator specific to the AV industry is that as markets reopen globally, businesses heavily depend upon communication technology to ensure operations run smoothly. From working from home to conducting meetings, to sharing webinars and other critical messaging over trustworthy equipment: AV is the thread that joins all of these. What does this mean for businesses that deal in AV services and solutions?
AV services were
once synonymous with projector screens, event equipment, large speakers and
sound systems. Today, almost all businesses, regardless of industry, depend on
AV technology in some form to ensure continued operations.
resurge from COVID-19, they must focus on themselves while staying firmly
committed to their overall goals. To ensure sustainability and eventually,
growth, AV businesses should continue to focus on:
AV services and solutions are fast becoming the backbone for businesses across industries. Even as AV industry research reveals slow but steady growth, ensure your business is ready to meet the demand. Don’t miss opportunities because resources are unavailable. At Analytix, our well-defined and proven process is based on over a decade of AV expertise and experience. In fact, we are offering a bundle of services like accounting, IT, and Data Management to startups. Your business gets the benefit of current infrastructure and expertise that can be utilized for your own growth or as an extension of your business, for the benefit of current and prospective clients. Contact us to learn how we can help your AV business grow. Email us at firstname.lastname@example.org or call 781.503.9002 and we will get in touch with you.
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