Dublin, Feb. 28, 2024 (GLOBE NEWSWIRE) — The “Media & Entertainment – Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 – 2029” report has been added to ResearchAndMarkets.com’s offering.
The Global Media & Entertainment Market is set to experience a significant expansion, with forecasts predicting growth from USD 27.72 billion in 2023 to USD 40.36 billion by 2028. The sector is poised for a compound annual growth rate (CAGR) of 7.8% within the forecast period of 2023-2028.
In a landscape where technological progress is relentless, the Media & Entertainment Market is no exception to digital transformation, with emerging disruptors generating profitable growth across this sector. As detailed in the report, several key trends and developments are propelling market growth:
- The rise of social media platforms, which is altering the industry’s structure…