As quickly as the novel coronavirus (COVID-19) pandemic has swept across the globe—impacting countries, states and localities in new and unforeseen ways on an almost daily basis—so too has the professional audiovisual industry rapidly begun to feel its effects. Many continue to indicate they are attempting to fast-track certain projects while they can, but as governments announce stricter measures, such efforts will come under pressure.
“Client site access is our biggest challenge, as this affects our ability to complete work and keep people employed,” one AV provider explained.
In the second weekly Impact Survey from AVIXA AV Intelligence Panel members, fielded March 23–24, 85 percent of AV providers and 83 percent of AV end users said their companies have felt a negative impact from the COVID-19 pandemic, essentially the same results as one week ago.
Notably, the share of all AV providers citing the negative effects of declining revenues (up to 58 percent, from 45 percent) and slowing sales (up to 64 percent, from 54 percent) has increased since last week’s survey.
This latest Impact Survey also attempts to home in on responses from AV providers and end users around the world. As one might expect, respondents outside North America—both AV providers and end users—indicate a very similar impact on their businesses as respondents in North America.
To read the full details of AVIXA’s Impact Survey, click here.