Media Market To Grow At A Higher Rate

by @sainath
Media Market To Grow At A Higher Rate

The Business Research Company’s global media market, covers the year-on-year growth of the global media historic and forecast growth. It also includes chapters on the media trends, geographical analysis, and competitive landscape.

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The global media market is forecast to grow at a CAGR (compound annual growth rate) of around 6 % to 2022.

Media Market Trends

Newspaper digitization, shift to digital books and magazines and transition to digital broadcasting are the major trends witnessed in the global media market.

The growing demand from consumers for anytime and anywhere content has translated to exponential growth in digital media. The increase in the number of devices capable of supporting digital media combined with increasing internet access speed has provided consumers the ease to access information, entertainment or social activity anytime, anywhere. In the USA there has been a significant jump from traditional media to digital media giving rise to media players such as Netflix, Hulu, Amazon and Apple TV.

The global media is primarily driven by digital media growth and increase in digital advertising revenues.

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The global media market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With increasing online paywall, television advertising revenue growth, the global media is expected to increase in potential and scope. TBRC’s report also covers the global media market report drivers and restraints in the market.

The global media market segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global media report are Google, Walt Disney, Time Warner Inc., Facebook, Comcast Corporation

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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January 8, 2019
by @sainath