2022 was a challenging year for the whole AV industry, with macro-economic uncertainty and supply chain issues causing significant disruption. Difficult economic conditions put pressure on AV budgets, leading to postponement of major spending. Difficult conditions continued into H1 2023, with widespread redundancies across the tech sector.
The outlook for H2 2023 is, however, more optimistic. As enterprises, especially across West Europe and the US, implement return to office mandates, next-generation technology will be used to entice employees back to the office.