IABM's Latest Industry Trends Survey Reflects Market in Steady Recovery
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Released twice a year, the Industry Trends Survey reports the opinions of senior executives in IABM member companies. In the newest version, members were polled about their Q3 performance and their outlook for the year ahead. Undertaken six weeks after IBC2010 in Amsterdam, the survey results reflect the general optimism that permeated this year's show.
Although tempered by continued uncertainty in some regions, confidence in the industry continues to grow — as evidenced by increasing investment in research and development as well as headcount. However, companies continue to be challenged by manufacturing capacity and supply chain problems that frustrate order fulfillment, and customer deferral of orders remains the largest constraint to order growth. Respondents also cited a shortage of skilled technical resources as another barrier to growth and order fulfillment. Executives do, however, feel generally optimistic about the months ahead, with 46 percent stating that market conditions will significantly improve by spring. The 'IABM Confidence Ratio' which was standing at minus 3 during the recession is at a very respectable plus 11 in the latest survey.
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"The IABM Industry Trends Survey provides a comprehensive look at the current state of our industry and expectations moving forward," said Peter White, director general of the IABM. "No senior manager on the supply side of broadcasting or media technology should be without this information — it provides key benchmarking data and is an important aid to decision-making."
Participating IABM members may download the Industry Trends Survey by visiting www.theiabm.org. For more information about membership in the IABM, visit the IABM website or call the membership secretary at +44 (0) 118 9418620.
About The IABM
The IABM, the International Association of Broadcasting Manufacturers, is the authoritative voice of the broadcast and media technology supply industry worldwide. Its wide range of services to members encompasses market research and intelligence, expert representation at standards bodies and broadcasting unions, executive networking opportunities, and preferential purchasing. A presence at every major broadcast tradeshow, the IABM also provides a valuable channel for communication between broadcast manufacturers, government, and regulatory bodies. Additional IABM activities include awards programs for innovation and scholarships designed to stimulate the development of the broadcast and electronic media industries on an international basis.