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Global Media Market Industry Analysis, Sales And Revenue Status, Segmentation Analysis Report 2031
Media Market
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The global media market report by the business research company identifies rise in demand for VR content to be a major growth driver for the media market. 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 global media market grew from $1,989.55 billion in 2021 to $2,219.21 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The meida market is expected to grow to $3,343.06 billion in 2026 at a CAGR of 10.8%.
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https://www.thebusinessresearchcompany.com/report/media-global-market-report
North America was the largest region in the media market in 2021. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the media report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the media market are Google, Facebook Inc., AT&T Inc., Netflix Inc., The Walt Disney Company, Apple, Tencent Holdings Co Ltd, CBS Corporation, Charter Communications Inc, and Sony Corp.
The global media market is segmented -
1) By Type: TV And Radio Broadcasting, Film And Music, Information Services, Web Content, Search Portals And Social Media, Print Media, Cable and Other Subscription Programming
2) By Revenue Model: Subscription, Advertisement, Sponsorship, Others
3) By Application: Wired, Wireless
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https://www.thebusinessresearchcompany.com/sample.aspx?id=1866&type=smp
The Media Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Media Market Characteristics
4. Media Market Product Analysis
5. Media Market Supply Chain
....
22. Key Mergers And Acquisitions In The Media Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
This report covers the trends and market dynamics of the media market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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