Tuesday, 22 March 2022

D&H jumps into AV market, 2021 revenue hit $5B

D&H jumps into AV market, 2021 revenue hit $5BPhoto: iStock


Feb. 10, 2022

D&H Distributing, a channel technology provider, has seen double-digit growth in the past year, earning more than $5 billion in revenue in 2021, according to a company press release.

Due to investments made to generate growth in the audio-visual marketplace, plus strategic allocation of products that the distributor has coordinated with its manufacturers, sales increases in key D&H categories outpaced general market growth.

Sales of ProAV solutions at D&H increased 46% in 2021, and the company expects similar growth in 2022.

“D&H has devoted resources and investments toward enhancing its offerings for the AV community as trends like video collaboration continue to evolve in our changing industry,” Peter Hurley, director of D&H’s ProAV and collaboration practice, said in the release. “We’ll continue to enhance our commitment and our offering through extensive support and a wide-ranging product assortment, serving as a one-stop supplier of end-to-end solutions for the industry.”

ProAV, videoconferencing, and collaboration continue to play a key role in outfitting new hybrid environments, allowing integrators to deploy large-scale commercial display installations, or to upgrade video conferencing spaces and huddle areas. As these trends unfolded in 2021, D&H saw 50% year-over-year or greater gains in areas like commercial displays, unified communications; as well as everything as a service solutions as the subscription-based technology consumption model came into prominence.

D&H also saw strong growth in interactive flat panel displays at a rate of 139% in 2021, according to the release. Categories such as televisions and accessories, virtual reality solutions, and home/portable audio also saw 50% year-over-year growth. Sales of video and sound cards, surveillance/IP security, networking, power products, and mounts/brackets increased more than 25% as well.

The company expects to see 10% overall increases in 2022 based on its current contracts, with a goal to grow its core categories and manufacturer partnerships, expand its offerings and increase operational efficiencies. In 2021, D&H added manufacturing partners such as Avaya, Jabra, Yealink, and Ergotron.


ContentDisplay Technology


KEEP UP WITH WHAT’S NEW IN THE DIGITAL SIGNAGE INDUSTRY

Sign up now for the Digital Signage Today newsletter and get the top stories delivered straight to your inbox.

SUBSCRIBE NOW

Privacy Policy

CONTENT

Tips on how digital signage can improve internal communicationAudio visual reps BP Marketing, Visitec join forcesWatchfire Signs updates scheduling features on CMS tool

WEBINAR

Essential Considerations When Implementing Digital Signage



source https://duchonsigns.wordpress.com/2022/03/22/dh-jumps-into-av-market-2021-revenue-hit-5b/

No comments:

Post a Comment

Digital Signage Market Updates

n-depth qualitative analyses include identification and investigation of the following aspects: – Market Structure – Growth Drivers – Rest...