Global Entertainment & Media Market Research Report: Information By Type (Wired and Wireless), Application (Books & Magazine, Films & Theatrical, Social Media, Music, Animation, Video Games, Outdoor Advertising, Radio & Broadcasting, Amusement Park/Facilities, Sports, Toys and Arts) and Region (North America, Europe, Asia-Pacific and Rest of the World: Middle East & Africa and South America) - Forecast till 2030
Entertainment & Media Market Growth Rate, Future Scope, Analysis, Business Development and CAGR To 2030
Entertainment & Media Market Growth Rate, Future
Scope, Analysis, Business Development and CAGR To 2030
Global Entertainment & Media Market Research Report: Information By Type
(Wired and Wireless), Application (Books & Magazine, Films & Theatrical,
Social Media, Music, Animation, Video Games, Outdoor Advertising, Radio &
Broadcasting, Amusement Park/Facilities, Sports, Toys and Arts) and Region
(North America, Europe, Asia-Pacific and Rest of the World: Middle East &
Africa and South America) - Forecast till 2030
Market Analysis
The entertainment & media market is likely to develop at a healthy 10.40% CAGR
between 2018- 2030, states the recent Market Research Future (MRFR) analysis.
The entertainment & media market includes every form of broadcasting medium,
including TV, radio, magazines, newspapers, and also books, music, and film.
Various factors are propelling the global entertainment and media market growth
share. According to the recent MRFR report, such factors include the advances in
digital technologies, the emergence of 5G network connectivity services, the impact
of artificial intelligence on the gaming sector with increasing demand from consumers
for an enhanced gaming experience, the proliferation of connected and smart devices
like smart TVs, gaming consoles, smart speakers, tablets, and smartphones, and
growing adoption of the internet.
On the contrary, challenges of controlling piracy, proper enforcement of copyright
laws, development of new media content, the emergence of a new culture, and the
impact of the on-going COVID-19 pandemic are factors that may impede the global
entertainment and media market growth over the forecast period.
Segmental Analysis
The MRFR report highlights an inclusive segmental analysis of the global entertainment
and media market based on application and type.
By type, the global entertainment and media market is segmented into outdoor advertising,
toys, book and magazines, radio and broadcasting, amusement park/facilities, art, sports,
video games, animation, social media, music, and films and theatrical. Of these, books
and magazines segment is predicted to lead the market over the forecast period.
By application, the entertainment & media market is segmented into wireless and wired. Of
these, the wired segment will dominate the market over the forecast period.
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Competitive Analysis
Key players profiled in the global entertainment and media market report include The Walt
Disney Company (US), CBS Corporation (US), Viacom, Inc (US), Bertelsmann SE & Co. KGaA
(Bertelsmann) (Germany), Facebook, Inc. (US), Comcast Corporation (US), Alphabet Inc.
(US), Verizon Communications Inc (US), Warner Media, LLC (US), Grupo Globo (Brazil),
Discovery, Communication Inc (US), iHeartMedia, Inc. (US), Advance Publications, Inc. (US),
News Corporation (US), and Baidu Inc. (China).
Regional Analysis
Based on the region, the global entertainment and media market report covers the recent
trends and growth opportunities across the Asia Pacific (APAC), North America, Europe, &
the Rest of the World (RoW). Of these, North America will dominate the market over the
forecast period. A major contribution from the US film & media enterprises and gaming &
music industry, demand to access media and entertainment live by consumers on
smartphones, presence of large and small media & entertainment conglomerates like cable
& magazine subscriptions, newspaper, music services, video and streaming services, movie
theatres, films, and television, excellent video distribution network is adding to the global
entertainment and media market growth in the region. The United States holds the
maximum share in the market for the presence of the world’s largest publishing sector that
publishes e-books and content in educational and professional sectors and increasing demand
of consumers for an enhanced reading experience. The US is followed by Canada and
Mexico.
The global entertainment and media market in Europe is predicted to hold the second-largest
share over the forecast period. Rising internet penetration, the huge contribution from the media
sector, presence of leading radio broadcasters in Western Europe comprising France, Spain,
Germany, and the UK, and increasing internet access in Sweden, Italy, Denmark, and Russia
are adding to the global entertainment and media market growth in the region.
The global entertainment and media market in the APAC region is predicted to grow at a fast
pace over the forecast period. Presence of a large population in India and China that demands
high-quality media content, presence of leading media providers, growing adoption of tablets
and smartphones in Japan and China, rapid growth in the entertainment & media industry in
China, the advent of digital media, increasing digitalization, increasing adoption of media &
entertainment services and products like films, video games, advertisements, and videos, and
heavy investments made by the Chinese government enabling foreign companies to invest in
local newspapers and magazines are adding to the global entertainment and media market
growth in the region.
The global entertainment and media market in the RoW is predicted to have steady growth over
the forecast period.
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