Press release
Blockchain In Media Advertising Entertainment Market May Set Epic Growth Story | IBM, Microsoft, Amazon Web Services
Blockchain In Media Advertising Entertainment Market
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Definition:
Blockchain technology in the media & entertainment industry is currently being used to disperse the royalty payments in music, movies, and online streaming services to prevent fake news across social media. The technology can be used to track the lifecycle of any asset and then reducing copyright and piracy-related problems. It helps in protecting digital content and facilitates the distribution of content smoothly. It covers advertising, music, movies, and other entertainment platforms and operations. The potential of frauds is becoming more prevalent with the increase of online streaming services which require online ticket sales which include compounding at a rate of 19 percent annually. United States economy had lost about USD 12.5 billion each year from online music theft and its online advertising fraud costs about USD 19 billion annually.
Market Trends:
Emerging Virtual reality Music Video to CGI in Blockbuster Movies
Market Drivers:
growing Number of Digital Content Collectibles Enabling Efficient Micropayment Pricing Models
Need for Protecting the Digital Content and Streaming Services Online Against the Piracy
Market Opportunities:
Surging Spendings on the Digital Advertisement will Boost the Blockchain In Media Advertising Entertainment Market
Market Influencers and their development strategies
On 23rd September 2021, Umbrella Network the decentralized Layer-2 oracle solution announced the acquisition of Lucidity, a leading blockchain-based digital advertising oracle. The acquisition was completed in August 2021 for an undisclosed amount. and On 8th July 2020, Tech Mahindra Ltd., a leading provider of digital transformation, consulting, and business reengineering services and solutions announced the launch of a new digital platform, branded as 'Blockchain-based Contracts and Rights Management System' (bCRMS) for the global media and entertainment industry. The platform is designed to enable production houses and content creators to track revenue, royalty payments, manage rights and address content piracy by leveraging IBM blockchain.
The Global Blockchain In Media Advertising Entertainment Market segments and Market Data Break Down are illuminated below:
by Application (Peer-to-peer Sales and Content Distribution, Streamlined Royalty Payments, Usage-based Billing Models, Others), Components (Application, Systems), Media Content (Music, Video, Advertisement, Others)
Global Blockchain In Media Advertising Entertainment market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
North America (United States, Mexico & Canada)
South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Blockchain In Media Advertising Entertainment market by value and volume.
-To estimate the market shares of major segments of the Blockchain In Media Advertising Entertainment
-To showcase the development of the Blockchain In Media Advertising Entertainment market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Blockchain In Media Advertising Entertainment market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Blockchain In Media Advertising Entertainment
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Blockchain In Media Advertising Entertainment market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Major highlights from Table of Contents:
Blockchain In Media Advertising Entertainment Market Study Coverage:
It includes major manufacturers, emerging player's growth story, and major business segments of Blockchain In Media Advertising Entertainment market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
Blockchain In Media Advertising Entertainment Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
Blockchain In Media Advertising Entertainment Market Production by Region Blockchain In Media Advertising Entertainment Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Blockchain In Media Advertising Entertainment Market Report:
Blockchain In Media Advertising Entertainment Overview, Definition and Classification Market drivers and barriers
Blockchain In Media Advertising Entertainment Market Competition by Manufacturers
Impact Analysis of COVID-19 on Blockchain In Media Advertising Entertainment Market
Blockchain In Media Advertising Entertainment Capacity, Production, Revenue (Value) by Region (2021-2027)
Blockchain In Media Advertising Entertainment Supply (Production), Consumption, Export, Import by Region (2021-2027)
Blockchain In Media Advertising Entertainment Production, Revenue (Value), Price Trend by Type
Blockchain In Media Advertising Entertainment Market Analysis by Application {Peer-to-peer Sales and Content Distribution, Streamlined Royalty Payments, Usage-based Billing Models, Others}
Blockchain In Media Advertising Entertainment Manufacturers Profiles/Analysis Blockchain In Media Advertising Entertainment Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Browse Complete Summary and Table of Content @ https://www.advancemarketanalytics.com/reports/180328-global-blockchain-in-media-advertising-entertainment-market#utm_source=OpenPR/Rahul
Key questions answered
How feasible is Blockchain In Media Advertising Entertainment market for long-term investment?
What are influencing factors driving the demand for Blockchain In Media Advertising Entertainment near future?
What is the impact analysis of various factors in the Global Blockchain In Media Advertising Entertainment market growth?
What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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