The Media by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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https://www.thebusinessresearchcompany.com/report/media-global-market-report
According to The Business Research Company’s Media, The media market size has grown strongly in recent years. It will grow from $2388.12 billion in 2023 to $2578.67 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased literacy, strong economic growth in emerging markets, growing consumer spending on household entertainment activities, increased internet penetration and increased virtual reality (vr).
The media market size is expected to see strong growth in the next few years. It will grow to $3511.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing world population, increase in technology, media and entertainment mergers, and increase in mobile video viewing. Major trends in the forecast period include creative networks, digital innovation hub, creative and content innovation hub, government innovative launches, news system, strategic partnership, big data driving growth, motion capture technology to reduce production costs, stereoscopic 3d (s3d) to enhance viewing experience, digitization of newspapers and magazines, and growth of audio books.
Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. The rise in demand for VR content is expected to drive the market going forward.
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The media market covered in this report is segmented –
1) By Type: TV And Radio Broadcasting, Film And Music, Information Services, Web Content, Search Portals And Social Media, Print Media
2) By Revenue model: Subscription, Advertisement, Sponsorship, Others
3) By Application: Wired, Wireless
Sub segments: Radio Broadcasting, Television Broadcasting, Music Recording, Film And Video, News Syndicates, Libraries And Archives, Other Information Services, Social Media, Internet Search Portals, Digital Publishing And Content Streaming, Search Engine Optimization Services, Directory, Mailing List And Other Publishers, Book Publishers, Newspaper And Magazine Publishers
Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, a built-in high-resolution camera, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG.
The media market report table of contents includes:
1. Executive Summary
2. Media Market Characteristics
3. Media Product/Service Analysis -Product/Service Examples
4. Media Market Trends And Strategies
5. Media Market – Macro Economic Scenario
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26. Germany Media Market
27. France Media Market
28. Italy Media Market
29. Spain Media Market
30. Austria Media Market
Top Major Players:
- Alphabet Inc
- Facebook, Inc
- Comcast Corporation
- The Walt Disney Company
- Netflix, Inc
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