Entertainment & Media Market Latest Trend, Business Opportunities, And Industry Forecast 2027

Summary:

A New Study Title “Entertainment & Media Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.

Market Overview:

Global Entertainment and Media Market generated a revenue of USD 2,133.4 Billion in 2019 and is expected to reach a market value of USD 5,099.2 Billion by 2030, growing at an 8.6% CAGR.

The increasing popularity of video games and e-sports and the increasing penetration of smartphones are major factors driving the market growth of media and entertainment. However, piracy is the major restraining factor for the market. On the other hand, the development of 5G technology is expected to create a lucrative growth opportunity for the players operating in the Entertainment and Media Market.

Competitive Analysis:

The key players operating in the global entertainment and media market are News Corporation (US), Advance (US), iHeartMedia Inc. (US), Discovery Inc. (US), Warner Media LLC (US), Verizon (US), Alphabet (US), Disney (US), Baidu Inc. (China), Grupo Globo (Brazil), Comcast Corporation (US), Factbook Inc. (US), Bertelsmann SE & Co. KGaA (Germany), Viacom (US), Hasbro (US), and Mattel (US).

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Segmentation Analysis:

The global industrial design market is segmented by type and application.

By type, the market is segmented into product design, model design and fabrication, user interference and interaction design, and other industrial design. Product design is likely to remain the most important segment of the global industrial design market over the forecast period due to its prime importance in any manufacturing sector, rising to a value of USD 23,273.8 million by 2025.

By application, the global industrial design market is segmented into transportation, electronics, household, machinery and equipment, and others. The machinery and equipment segment is likely to remain the leading contributor to the global industrial design market over the forecast period due to the strong growth of the industrial sector in countries round the world. The segment is likely to rise to a valuation of USD 19,889.4 million by 2025, followed by the electronics segment with USD 16,261.5 million.

Regional Analysis:

Asia Pacific is likely to remain the leading contributor to the global industrial design market and is likely to extend its lead at the top of the market’s charts due to the growing investment in the industrial sector. The Asia Pacific is also likely to benefit from the growing adoption of IoT solutions in these and other countries in the region, which represent an untouched market for the IoT industry and are likely to emerge as leading consumers of IoT solutions over the coming years.

The manufacturing sector in countries such as India, Korea, Thailand, Taiwan, and Japan is likely to boost spectacularly in the coming years due to the growing government efforts to make the most of the human capital available in these countries and increasing investment by foreign players in these markets. This is also likely to be a major driver for the industrial design market in Asia Pacific over the forecast period, which is expected to reach a valuation of USD 24,264.3 million by the end of the forecast period.

Table of Content

1.1 Market Synopsis 24

1.2 Market Attractiveness Analysis 25

2.1 Definition 26

2.2 Scope of The Study 26

2.3 Research Objective 26

2.4 Market Structure 27

Continued….

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List of Table

Table 1 Global Entertainment And Media Market, By Type, 2014–2030 (Usd Billion) 56

Table 2 Global Entertainment And Media Market, By Application, 2014–2030 (Usd Billion) 59

Table 3 Global Entertainment And Media Market, By Region, 2014–2030 (Usd Billion) 61

Table 4 North America: Entertainment And Media Market, By Country, 2014–2030 (Usd Billion) 63

Table 5 North America: Entertainment And Media Market, By Type, 2014–2030 (Usd Billion) 65

Continued….

List of Figure

Figure 1 Market Attractiveness Analysis: Global Entertainment And Media Market 25

Figure 2 Global Entertainment And Media Market: Structure 27

Figure 3 Bottom-Up And Top-Down Approaches 35

Figure 4 Market Dynamic Analysis Of The Global Entertainment And Media Market 39

Figure 5 Driver Impact Analysis 41

Continued….

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Market Highlights:

According to the report, the Industrial Design Market is likely to rise at a CAGR of 5.85% over the 2018-2025 forecast period, having been valued at USD 32,546.5 million in 2013. The market is expected to almost double in value over the forecast period, with a valuation of USD 61,786.7 million expected for the market by 2025.

Market Research Future (MRFR) has announced a new report on the global industrial design market. Extensive data aggregation on the global industrial design market is performed in the report with the help of dynamic primary and secondary research methods. Top-down and bottom-up approaches are used to figure out the market’s overall standing in the global marketplace and the relative role of each segment within the overall market. The global growth prospects of the industrial design market are analyzed by compiling the growth prospects of its various segments. The competitive landscape and segmentation of the global industrial design market are assessed in detail to provide pointers as to how players can succeed in the various components of the market over the coming years.

Green engineering is likely to be a major component of the global industrial design market over the forecast period. The industrial design market is expected to be dominated by trends regarding the environmental viability of manufacturing processes as well as the use of environmentally feasible, renewable energy sources in the production of the designed products. Environmentally oriented manufacturing processes are likely to become more popular in the industrial sector over the coming years, shaping the trajectory of the industrial design market as an influential factor.

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Competitive Analysis:

Leading players profiled in the report include R&D Design (U.S.), Ammunition Group (U.S.), PDD Group Ltd. (U.K.), IDEO LLC (U.S.), Designworks (BMW AG), BlueFocus Intelligent Communications Group Co. Ltd. (China), RKS Design (U.S.), Ziba Design (U.S.), Busse Design (U.S.), ARTOP Group (China), Altran Technologies SA (France), GK Design Group (U.S.), Accenture PLC (Ireland), and LUNAR Design (U.S.).

Segmental Analysis:

Global Entertainment and Media Market has been segmented based on Type, Application, and Region.

By type, the global entertainment and media market has been segmented into books & magazines, films & theatrical, social media, music, animation, video games, outdoor advertising, radio & broadcasting, amusement park/facilities, sports, toys, and arts. In 2019, the radio and broadcasting segment accounted for the largest market share; it is expected to register a 10.1% CAGR during the forecast period.

Based on type, the global entertainment and media market is segmented into wired and wireless. In 2019, the wired segment accounted for the larger market share; it is expected to register a 5.4% CAGR during the forecast period.

Regional Analysis:

The geographic analysis of the Entertainment and Media Market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

North America is the major region in terms of market share in the entertainment and media market. The media and entertainment market also generates revenue from strong news broadcasting services offered by various enterprises in the US, Canada, and Mexico. Consumers are widely adopting smartphones, smart devices such as digital assistants, smart speakers, and the Internet for entertainment purposes. North America is expected to witness higher demand for video games, online video streaming services, and books and magazines in the coming years. The future of the media and entertainment market in North America is expected to be driven by the rising adoption of high-speed Internet, cloud storage, digital technologies, social media platforms, and strong distribution of multi-lingual content across the region. Among the countries, the US accounts for the largest market share, followed by Canada and Mexico.

For analysis, Europe has been segmented into the UK, Germany, France, and the rest of Europe. The rising penetration of the Internet across European nations is one of the major factors contributing to the growth of the regional market. Western Europe, which includes countries such as the UK, Germany, Spain, France, and others, is a strong market for radio broadcasters. By delivering a range of quality content to consumers, the media sector contributes heavily towards the European economy and holds immense potential for growth in the coming years. Growing access to the Internet in countries such as Russia, Denmark, Italy, and Sweden drive the video and entertainment industry across this region

For analysis, Asia-Pacific has been divided into China, Japan, South Korea, Australia, India, and Indonesia. China is expected to be the highest revenue-generating country due to heavy investments by the government of the country. The key factor driving the growth of the entertainment and media market in this region is the presence of major media providers and the large population in the countries such as India and China demanding high-quality media content.

Table of Content

2.1 Definition 14

2.2 Scope Of The Study 14

2.3 List Of Assumptions 15

2.4 Market Structure 15

Continued….

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List of Table

Table 1 Market Synopsis 12

Table 2 List Of Assumptions 15

Table 3 Global Industrial Design Market, By Type, 2013-2018 (Usd Million) 33

Table 4 Global Industrial Design Market, By Type, 2019-2025 (Usd Million) 34