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- The global entertainment & media market size was USD 2763 Billion in 2022 and is projected to reach USD 5991 Billion by 2031, expanding at a CAGR of 8.98% during 2023–2031. The market growth is attributed to the high consumer spending on entertainment and media services.
growthmarketreports.com/report/entertainment-and-media-market-global-industry-analysisEntertainment & Media Market Share, Growth & Forecast [2031]
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The entertainment and media market encompasses every broadcasting medium from newspapers, magazines, TV and radio and popular forms of entertainment such as film, music and books. The...
- Media
Highlights. Revenue in the Media market is projected to...
- Media
The global media and entertainment market is experiencing significant growth across various segments, including movies, music, video games, and social media. This expansion is driven by advancements in 5G, digitalization, and cloud storage.
Jul 16, 2024 · PwC’s Global Entertainment & Media Outlook 2024-28, now in its 25th year, provides in-depth analysis of global entertainment & media (E&M) consumer and advertising spending. The Outlook includes five-year historical and five-year forecast data and commentary for 11 industry segments across 53 countries and territories.
Streaming video, social media, and gaming are helping to enable new business models and reshaping media and entertainment. But the real story for 2023 is that these three sectors are increasingly becoming more interdependent as part of a broader and richer media and entertainment ecosystem.
PwC’s 25th annual Global Entertainment & Media Outlook offers an in-depth, five-year forecast of evolving forces that will likely shape an industry on track to be a $3.4 trillion market by 2028. Here’s a snapshot of what we found and what’s to come.
In 2023, the entertainment and media (E&M) industry recovered its balance. In the face of economic headwinds and technological disruptions, total global revenue rose 5% to US$2.8 trillion in 2023—easily outpacing overall economic growth.
Highlights. Revenue in the Media market is projected to reach US$1,598.00bn in 2024. The largest market is TV & Video with a market volume of US$699.40bn in 2024. In global comparison,...
