Press release
The Media Industry: Global Market Evolution 2024
Media Market Trends
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=1866&type=smp
According to The Business Research Company's, The media market size has grown strongly in recent years. It will grow from $2388.12 billion in 2023 to $2578.67 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased literacy, strong economic growth in emerging markets, growing consumer spending on household entertainment activities, increased internet penetration and increased virtual reality (vr).
The media market size is expected to see strong growth in the next few years. It will grow to $3511.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing world population, increase in technology, media and entertainment mergers, and increase in mobile video viewing. Major trends in the forecast period include creative networks, digital innovation hub, creative and content innovation hub, government innovative launches, news system, strategic partnership, big data driving growth, motion capture technology to reduce production costs, stereoscopic 3d (s3d) to enhance viewing experience, digitization of newspapers and magazines, and growth of audio books. .
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/media-global-market-report
Market Drivers and Trends:
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 rise in demand for VR content is expected to drive the market going forward.
Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance film viewing experience cost-effective, lightweight, and reduce risks associated with cranes and cable cams during filmmaking. Autonomous drones are flying gadgets equipped with multiple rotors, a built-in high-resolution camera, and algorithms for capturing videos and pictures. It offers a 360-degree experiential recording experience with minimum human intervention. They are used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. For instance, Major companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Gartner, Inc, Nielsen Holdings PLC, S&P Global Inc, Ipsos Group S.A., Moodys Corporation, GFK SE, Mintel, INTAGE Inc., Forrester Research Inc., GlobalData Plc, Global Vox Populi, Kantar IMRB, RNB Research, Market Xcel Data Matrix Private Limited, Majestic MRSS , Nielson, Hub of China, SIS International Research, Escalent, CIPMR, Adept Research, Tiny CX Freeform, Populix, Dataspring, Inkwood Research, Strategic Focus Research and Consultancy Ltd., QualWorld Asia, Acorn Marketing & Research Consultants Pte Ltd, Blackbox Research, My Source Solutions, Stitch Marketing Research, Dynamic Search Sdn. Bhd., Cardas Research & Consulting Sdn Bhd, The Research Alliance, Axanteus Research and Consumer Behavior Research Co., Ltd, Euromonitor International, IFF Research, Pharma Intelligence, Dunnhumby, AMR Advanced Market Research GmbH, Business Analytica, Ateliar Market Research, Inquiry Market research, MAP Marketing Research, MAGRAM Market Research, Prodege LLC, Westat, NPD Group, Inc., ORC International Inc., Dynata, IQVIA, Proactive Worldwide, Comscore, Information Resources, Inc., Bauman Research & Consulting LLC, Datum Internacional S.A., StatMark Group S.A., Brazil Market research, Ad hoc research and al bar research, C&O Marketing, Insight Scouts Research & Consultancy
Media Market 2024 Key Insights:
• The media market size is expected to see strong growth in the next few years. It will grow to $3511.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.
• Immersive Broadcasting Vr's Growing Influence On Media As Audiences Seek Dynamic Experiences
• Elevating Cinematic Creativity, The Rise Of Autonomous Drones In Film And Video Production
• North America was the largest region in the media market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=1866&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Media Industry: Global Market Evolution 2024 here
News-ID: 3767726 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Media
Australia Media List, Canada Media List, UAE Media List & India Media List Launc …
Image: https://www.globalnewslines.com/uploads/2025/08/443de85e63aebde2f884eeb60ed1bdf0.jpg
Media List, a leading provider of high-quality media contact solutions, is thrilled to announce the launch of its latest offerings: specialized media lists for Australia, Canada, the United Arab Emirates (UAE), and India. These new additions to the Media List portfolio are designed to empower businesses, public relations professionals, and marketers with access to accurate and up-to-date media contact lists tailored to these dynamic global markets. By expanding its…
Media List Launches Australia Media List, Canada Media List, UAE Media List & In …
Media List, a leading provider of high-quality media contact solutions, is thrilled to announce the launch of its latest offerings: specialized media lists for Australia, Canada, the United Arab Emirates (UAE), and India. These new additions to the Media List portfolio are designed to empower businesses, public relations professionals, and marketers with access to accurate and up-to-date media contact lists tailored to these dynamic global markets. By expanding its services…
Media List Launches Entertainment Media List, Finance Media List, Manufacturing …
Media List, a leading provider of high-quality media contact lists, is excited to announce the launch of four new specialized media lists designed to connect businesses, marketers, and PR professionals with key media contacts in the entertainment, finance, manufacturing, and technology sectors. These meticulously curated media lists offer unparalleled access to journalists, editors, and influencers, enabling users to amplify their outreach efforts with precision and efficiency. These new offerings mark…
Digital Out-of-home Advertising Market Potential by 2031 Focus Media, Lamar Adve …
"[New York, December 2024] Digital Out-of-home (DOOH) Advertising is revolutionizing the way brands connect with consumers in public spaces. This innovative form of advertising extends conventional out-of-home methods by integrating digital technology, enabling dynamic content delivery tailored to real-time audience engagement. DOOH encompasses digital billboards, transit displays, interactive kiosks, and more, providing advertisers with the opportunity to reach consumers in high-traffic locations. Its significance lies in its ability to capture…
Social Media Management Market, Social Media Management Market Size, Social Medi …
The Social Media Management Market is growing rapidly as businesses increasingly rely on social platforms to engage with customers, build brand awareness, and drive digital marketing strategies. Social media management solutions help organizations streamline content creation, scheduling, analytics, and audience engagement across multiple platforms, enabling more efficient and effective campaigns. With the rise of data-driven marketing, these tools also provide valuable insights into user behavior, trends, and campaign performance. As…
Transit Advertising Market Size in 2023 To 2029 | Mega-Info Media Co.,Ltd., Yong …
The research report on Transit Advertising is a reliable and authoritative resource for executives, analysts, and managers. It offers an unbiased third-party perspective on market scenarios, bridging the gap between businesses and end customers. The report aims to provide comprehensive insights into manufacturers, including their benefits, limitations, trends, and market growth rates. It incorporates a SWOT analysis, evaluating the feasibility of investments and potential returns in the Transit Advertising market.…
