Confidence among executives in the broadcast technology supplier sector has declined markedly according to the IABM Industry Trends Survey. The survey, undertaken in conjunction with Ernst & Young, polled the views of some 80 senior executives in IABM member companies around the world.
Forty-three percent of respondents expect the situation to be deteriorating in a year from now. The view reflects the “late cyclical” nature of the sector, where large projects have momentum and so an adverse economic situation takes time to impact.
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