Press release
India Media & Entertainment Market Projected to Reach USD 48 Billion by 2030, Driven by Digital Transformation
"India Media & Entertainment Market Forecast"
• Projected Growth: Anticipated India Media & Entertainment market growth from USD 30 billion in 2024 to USD 48 billion by 2030.
• CAGR: Expected CAGR of approximately 9.8% during the 2025-2030 forecast period in the India Media & Entertainment market.
• Digital Media Expansion: The digital media dimension is estimated to reach USD 11.3 billion by 2026, surpassing traditional television revenues.
• Content Diversity: A remarkable 52% of OTT content produced in FY24 was in regional languages, catering to diverse audience segments within the India Media & Entertainment market.
• Online Gaming Surge: Online gaming revenue is forecasted to escalate from USD 770 million in 2019 to approximately USD 4.6 billion by 2026, further contributing to the India Media & Entertainment market's growth.
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"India Media & Entertainment Industry Competitive Landscape"
The competitive landscape within the India Media & Entertainment market is characterized by several prominent players, enhancing the overall market dynamics. Key companies spearheading innovation and growth in the India Media & Entertainment market include:
• Walt Disney India
• Amazon Prime Video
• Netflix
• PVR Cinemas
• Times Group
• News Corporation
• Discovery Communications Inc.
• Sony Pictures Networks
• Viacom18 Media Pvt. Ltd.
• Zee Entertainment Enterprises Ltd.
• Others
These companies are not only developing new content but are also adopting advanced technologies to enrich viewer experiences and improve distribution channels.
"Key Takeaways from the India Media & Entertainment Market Report"
The India Media & Entertainment market showcases impressive growth potential driven by digital transformation. Key highlights include the rapid adoption of digital platforms, significant increases in online gaming revenue, and a diverse content landscape focused on regional languages. The shift towards OTT services, coupled with a young demographic eager for innovative content, is further propelling market dynamics. Companies must navigate subscription challenges and address the price sensitivity of lower-income consumers to capitalize on growth opportunities within the India Media & Entertainment market.
"Industry Recent Development"
• In August 2024, YouTube announced price increases across all its premium subscription plans in India, signaling a significant shift in pricing strategy to adapt to the evolving India Media & Entertainment market landscape. This move reflects the growing competition among digital service providers in India, aiming to capture market share amid rising consumption of digital content.
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"India Media & Entertainment Market Segmentation"
By Type
> Print Media
> Digital Media
> Streaming Media
By Revenue
> Advertisement
> Subscription
> Others
By Language
> Hindi
> Kannada
> Telugu
> Tamil
> Marathi
> Malayalam
> Gujarati
> Others
By End-User
> Residential
> Commercial
By Region
> North
>> New Delhi
>> Punjab
>> Haryana
>> Uttarakhand
>> Uttar Pradesh
>> Madhya Pradesh
>> Others
> South
> Tamil Nadu
> Andhra Pradesh
> Karnataka
> Telangana
> Kerala
> Others
> East
> Assam
> Meghalaya
> West Bengal
> Jharkhand
> Odisha
> Chhattisgarh
> Bihar
>> Others
> West
>> Rajasthan
>> Gujarat
>> Maharashtra
>> Others
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"Frequently Asked Questions (FAQs) "
• What is the projected growth rate of the India Media & Entertainment Market over the forecast period?
• How big is the India Media & Entertainment Market expected to be by 2030?
• Which factors are primarily driving the growth of the India Media & Entertainment Market?
• Who are the key players in the India Media & Entertainment Market?
• What are the major segments contributing to the India Media & Entertainment market's growth in the upcoming years?
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address
"Other Report:"
• UAE Gaming Market size was valued at around USD 484.1 million in 2023 and is projected to reach around USD 754.2 million by 2030. [View Full Report - https://www.marknteladvisors.com/research-library/uae-gaming-market.html ]
• India Podcasting Market size was valued at around USD 0.62 billion in 2024 and is projected to reach USD 2.6 billion by 2030. [View Full Report - https://www.marknteladvisors.com/research-library/india-podcasting-market.html ]
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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