MEDIA AND ENTERTAINMENT INDUSTRY

Media and Entertainment Industry

After weathering the storm brought on by the worldwide financial crisis, the global media and entertainment industry is poised to take center stage again. The market holds significant opportunities for industry players and is forecast to reach approximately US $1,289 billion in 2017 with a CAGR of 5% during 2012–2017.

Lucintel, a leading global management consulting and market research firm, has analyzed the global media and entertainment market and presents its findings in “Global Media and Entertainment Industry 2012–2017: Industry Trend, Profit, and Forecast Analysis.”

The media and entertainment industry comprises the creation, aggregation, and distribution of content, news and information, advertising, and entertainment through various media channels and platforms. As the study a detail, the market is highly fragmented, with North America dominating the industry. Asia Pacific (APAC), Latin America, and the Middle East are anticipated to develop rapidly, with APAC witnessing the highest growth during 2012–2017.

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