Game streaming market is anticipated to grow at a CAGR of 10.8% during the forecast period (2024-2031). Game streaming market is driven by technological advancements such as the deployment of 5G networks and cloud computing that offer convenience, cost efficiency, and diverse game libraries. The growing gaming population globally is further contributing to the global market demand.
Location-based advertising market is anticipated to grow at a CAGR of 14.5% during the forecast period (2024-2031). The global location-based advertising market is driven by the increasing adoption of smartphones and the growing availability of location data from various sources such as GPS, Wi-Fi, and Bluetooth. These factors enable advertisers to target consumers with personalized and relevant ads based on their real-time location.
Digital newspapers & magazines market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period (2024-2031). The global digital newspapers and magazines market is fueled by factors such as increasing digitalization, online news consumption, technological advancements, subscription models, advertising spending, globalization of news and content, social media and content aggregation, personalization and recommendation algorithms, COVID-19, and environmental sustainability.
Destination management service market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). A destination management service company is an organization that offers a wide range of services and products in a popular travel destination. In other words, they are the companies that manage travel experiences whether it be a safari tour, a coach tour, a cruise service, a catering service, or any other kind of travel service a DMC manages the process for customers.
Video production market is anticipated to grow at a significant CAGR of 11.7% during the forecast period (2024-2031). Video production refers to the industry involved in creating professional video content for various purposes, including entertainment, advertising, corporate communications, education, and others that encompasses a wide range of services and products related to video production, such as pre-production planning, filming, editing, special effects, animation, and distribution.
Luxury Travel market is anticipated to grow at a CAGR of 7.2% during the forecast period (2024-2031). Journey that is very expensive or lavish in character and often offers a unique experience and high degree of comfort. Travelers are looking to create their own unique experiences through flexible itineraries that combine entertainment as well as relaxation.
Influencer marketing platform market is anticipated to grow at a CAGR of 32.4% during the forecast period (2024-2031). An influencer marketing platform is a digital tool that connects brands with influencers, streamlining campaign management, performance tracking, and payment processing for easier promotion leveraging influencer reach and engagement.
SEO tool market is anticipated to grow at a significant CAGR of 22.3% during the forecast period (2024-2031). SEO tools boost website visibility in search engine results pages by addressing link building, keyword research, content analysis, and backlink profiles; additional features optimize content, analyze performance, and provide detailed data for development.
Podcast advertising market is anticipated to grow at a CAGR of 9.8% during the forecast period (2023-2030). Podcast advertising is a marketing activity that can help reach out to potential customers and encourage them to buy products or services. The growing adoption of prioritizing data and tracking in the podcast industry is the key factor supporting the growth of the market globally.
Social networking platform market is anticipated to grow at a considerable CAGR of 27.5% during the forecast period. The major factor driving the global social networking platform market growth includes increased short-form video content consumption and internet penetration globally. There were 5.27 billion people with a social network account in 2022, with most of them on Facebook, Instagram, or WeChat in China. They spend on average, According to HubSpot Blogs research, In April 2023, people are watching, 17 hours of online videos per week.
E-Sim Card Market is anticipated to grow at a considerable CAGR of 17.8% during the forecast period. An E-SIM (embedded SIM) is an industry-standard digital SIM that allows you to activate a mobile data plan from your network provider without having to use a physical SIM. Numerous consumer goods, including cellphones, wearable technology, and laptops, use E-SIM cards. They are also a part of connected cars, smart meters, medical IoT devices, home automation, security systems, handheld POS (Point of Sales) systems, and medical IoT devices.
Online sports betting market is anticipated to grow at a CAGR of 12.5% during the forecast period. The market growth is attributed to factors such as the growing internet penetration and rise in the use of mobile phones among users for playing online games. According to USAFacts In June 2021, the data showed that 99.2% of Americans had access to at least one high-speed internet provider. About 97% had access to at least three internet providers.
Amusement parks market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period. The growing tourism sector along with the development of new amusement parks are key factors driving the growth of the global amusement parks market. For instance, in May 2023, Saudi Arabia announced the development of 24 theme parks, 420 entertainment centres, and the creation of 35 entertainment-based venues. The kingdom expects to attract over 100 million visitors annually by 2030, with combined efforts by the tourism, private, and public sectors.
Photographic service market is anticipated to grow at a CAGR of 4.3% during the forecast period. The growth of the market is attributed to factors such as increase in Internet penetration led to growing popularity of social media platforms and have driven the demand for still images globally. For instance, in February 2021, NatWest and Getty Images partner to drive better representation of female entrepreneurs in media and advertising. Due to increasing internet prevalence and popularity of social media platforms, there is a growing need for photography services.
On-demand home services market is anticipated to grow at a considerable CAGR of 14.8% during the forecast period. The growing demand for on demand home cleaning due to convenience offered by the online vendors is one of the key factor driving the growth of the global on-demand home services market. The increasing usage of internet along with the rapid penetration of e-commerce and internet-enabled devices globally has driven the global on-demand home services market.
Digital publishing and content streaming market size was valued at $129 billion in 2022, and is projected to reach $245 billion by 2030, registering a CAGR of 9.6% during the forecast period (2023-2030). Companies in the digital publishing and content streaming market are developing progressive web applications (PWAs) to drive user engagement and boost revenues. PWAs are applications within a web browser, displayed as a website.
Interactive marketing solutions market is anticipated to grow at a considerable CAGR during the forecast period. The primary factor contributing toward the market growth includes the rising media and entertainment platforms. With the growing media platforms, it also brings the awareness and attractive advertisements. Those advertisements were strategically scripted by the interactive marketing solution providers.
Indoor entertainment center market is anticipated to grow at a considerable CAGR of 10.1% during the forecast period. The consistently increasing demand for new entertainment activities, rising investment in malls for family-oriented entertainment zones, as well as the development of amusement parts with participatory play supporting family activities, are the prominent factor that drives the market growth.
Digital video advertising market is anticipated to grow at a significant CAGR of 12.1 % during the forecast period. Social media has changed the world. The increased usage of social media is the driving factor for the digital video advertising market over the forecast. Social media helps marketers to reach customers in bulk with their choice and preference. The rapid and vast adoption of these technologies is enabling marketers to provide information regarding products and services.
Retail e-commerce market is anticipated to grow at a significant CAGR of 9.5% during the forecast period (2024-2031). The growth of the retail e-commerce market is significantly fueled by the rise in B2B e-commerce sales. As businesses increasingly turn to online platforms for purchasing goods and services, this shift is transforming the landscape of retail commerce. B2B transactions are becoming more streamlined and efficient, allowing companies to reach a broader customer base and enhance their operational capabilities. According to The International Trade Administration, global e-commerce sales for B2B businesses have been steadily rising year over year for the last decade, with the global B2B e-commerce market valued at $36 trillion by 2026.
The global virtual production market is anticipated to grow at a significant CAGR of around 13.9% during the forecast period. Virtual production refers to a method of merging live-action footage and computer graphics in real-time. It depends on computer-generated imagery (CGI), virtual reality (VR), augmented reality (AR), and game-engine technologies. The growing virtual production in the gaming industry is positively surging the growth of the market. The rising adoption of browser and mobile games which provide free-to-play business models, along with a shift from physical to online games are creating a positive outlook for the market.
The global computational creativity market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to boost the market growth include automation of creative tasks and adoption of computational creativity solutions which would improve the creative process.
The global (OTT Over the Top) media services is expected to grow at a significant CAGR during the forecast period. It refers to services that are mainly associated to deliver media-based services including videos, movies, TV shows and other digital programs without any cable or satellite support required for television subscription.
The global land mobile radio market is expected to grow at a significant CAGR during the forecast period. Land mobile radio is a wireless communications technology primarily used by terrestrial users to communicate with a base station in automobiles (mobiles) or on foot (portables).
The global cellular interception market is expected to grow at a significant CAGR during the forecast period (2021-2027). The cellular interception market provides analysis and details into the many elements that are anticipated to be prevalent during the forecast period, as well as their effects on the market's growth.
The North American market for the digital workplace is projected to have a considerable CAGR of around 20.1% during the forecast period. North America is becoming a developed market as workplace technologies and services are emerging.
The European market for the digital workplace is projected to have a considerable CAGR of around 20.7% during the forecast period. The European digital market has immense potential to grow due to factors such as increasing adoption of digital services across various sectors including BFSI, healthcare, education among others.
The Asia-Pacific market for the digital workplace is projected to have a considerable CAGR of around 23.6% during the forecast period. The introduction to new tools and technologies, as well as the need for workers to be more adaptable in terms of work-life balance, are key factors in the Asia-Pacific digital workplace market.
The global market for the digital workplace is projected to have a considerable CAGR of around 12.5% during the forecast period. The factors driving the growth of the global digital workplace market include the growing need to reduce operational costs, and the increasing adoption of cloud-based services in various sectors and industries.
The online casino market is anticipated to exhibit considerable CAGR of 9.2% during the forecast period (2021-2027). The comfort and features the online platform are some of the main drivers of the online casino market in the US. Free perks & bonuses, bitcoin casino, easy gameplay, availability of mobile casino apps, secure platform, higher payouts, and so on are some other prominent factors that are encouraging the market for online casino in the country.
The online casino market is anticipated to exhibit considerable CAGR of 7.6% during the forecast period. The comfort and features the online platform are some of the main drivers of the online casino market in the UK.
Spain online casino market is anticipated to exhibit considerable CAGR of 8.5% during the forecast period. The comfort and features the online platform are some of the main drivers of the online casino market in the Spain.
North American online casino market is projected to grow at a CAGR of 9.8% during the forecast period (2021-2027).The rising number of licensed online casino owing to the legalization of the online casino in some countries of the region such as the US and Canada is anticipated to drive the growth of the regional market. In North America, the US is expected to hold major market share in online casino.
India online casino market is major market for online casino across the globe and is projected to grow at a CAGR of 12.5% during the forecast period (2021-2027). Betway Casino, Royal Panda, 22 Bet Casino, LeoVegas.com, Spin Casino, Jackpot City, Cric, Europa Casino, CQASINODAYS, and Twin among others are the major websites for online casino in India.
Germany online casino market is major market for online casino across the globe and is projected to grow at a CAGR of 8.3% during the forecast period (2021-2027). 22 Bet Casino, betway, Spin Casino, and 10 Cric casinoare the major websites for online casino in Germany.
European online casino market is major market for online casino across the globe and is projected to grow at a CAGR of 8.9% during the forecast period (2021-2027). Virgin Games, 777, Playzee, Grosvenor Casinos, 888 Casino, Monopoly casino, party casino, and Jackpot party are the major websites for online casino in Europe.
Global online casino market is projected to grow at a considerable CAGR of 11.8% during the forecast period (2021-2027). Online casinos offer odds and payback percentages that are a bit higher than offline casinos.
US media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the developed ICT infrastructure, which is offering growth to the online platform of the media and entertainment market.
UK media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the established film industry and the continuous rise in the online media and entertainment industry in the country.
The North America media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the developed ICT infrastructure, which is offering growth to the online platform of the media and entertainment market.
India media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rise in internet penetration in the country, which is further rising the subscription rate of online media and entertainment platform, such as at online video streaming applications and music applications.
The European media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the exponential growth of the online media and entertainment platform in the region.
The Asia-Pacific media and entertainment market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the increasing internet penetration in the emerging economies of the region, especially India and Vietnam, which is leading to the growth of the online media and entertainment market in the region.
The US online music streaming market is anticipated to grow at a lucrative CAGR of 17.0% during the forecast period. High smartphone penetration, high average time on the internet, and high expenses on the mobile application by the young population are some of the major factors for the significant market of the market in the country.
The North American online music streaming market is anticipated to grow at a considerable CAGR of 16.8% during the forecast period. The rise in popularity of music streaming services and awareness regarding online music streaming services is attributed to the growth of the market in North America.
The Indian online music streaming market is anticipated to grow at a lucrative CAGR of 19.1% during the forecast period. The primary factor assisting the growth of the market include increasing smartphone, internet penetration, and rising disposable income in the country. Moreover, in March 2020, the country announced the largest lockdown globally to contain the spread of the COVID-19 pandemic, which indirectly increased the demand for online music streaming.
The European online music streaming market is anticipated to grow at a considerable CAGR of 16.6% during the forecast period. High digitization and high disposable income is one of the primary growth driving factors in the region. Besides, the rise in the number of streaming service providers has also assisted in attracting customers by providing promotional offers and free trials.
The Asia-Pacific online music streaming market is anticipated to grow at a considerable CAGR of 18.2% during the forecast period. The primary factor assisting the growth of the market in the region is increasing smartphone & internet penetration and rising disposable income. Further, the growth of the market can be attributed to the rising number of digital platforms and the growing adoption of smart devices.
The online music streaming market is anticipated to register a significant growth of CAGR of 17.2% during the forecast period. The music streaming platforms provides a huge library of albums, podcasts, and songs that can be played by a user at any place over the internet. This gives ease of usage to the user which is one of the most crucial driving factors.
The US entertainment industry is expected to see a CAGR of 9.8% during the period (2019-2025). Improving business investment combined with strong consumer spending aided GDP growth. Before the outbreak of the COVID-19 pandemic, the US entertainment industry was growing considerably owing to the growing consumer base and growing disposable income in the country. The US confirmed its first case of the coronavirus on January 21, 2020. After that the government-imposed lockdown across the country to contain the infection.
UK entertainment industry is expected to see a CAGR of 8.3% during the period (2019-2025). UK entertainment industries are severely hit by the COVID-19 pandemic. Partial and complete lockdown from the UK government has hit the entertainment industry. Stern measures from the Government of UK were taken due to growing positive COVID-19 cases and rising mortalities in the region. Major theatres, sports events, and amusement parks have been shut down to contain the COVID-19 pandemic.
North American entertainment industry is expected to see a CAGR of 9.8% during the period (2019-2025). North America comprises the major economies of the globe which include the US and Canada. North American region has the largest entertainment industry across the globe attributed to the existence of the most popular amusement parks, theatrical and film productions, sports, and live events and trade shows.
Japan entertainment industry is expected to see a CAGR of 9.8% during the period (2019-2025). Japan is one of the developed economies, contributing significantly to the Asia-Pacific entertainment industry. With the travel restrictions withing the country many entertainment venues and entertainment industry companies in Japan have been temporarily shut down their operations. In Japan, the economic uncertainty has been increased due to the COVID-19 pandemic.
Indian entertainment industry is expected to see a CAGR of 13.9% during the period (2019-2025). India is one of the fastest-growing countries in the global entertainment industry. As per the Indian Brand Equity Foundation, (IBEF) Indian media and entertainment industry registered a CAGR of more than 10.9% during 2018 and is expected to grow at a CAGR of 13.1% during 2018-2023 and is projected to hit $39.6 billion in 2023 from $22.2 billion in 2018.
France entertainment industry is expected to see a CAGR of 7.9% during the period (2019-2025). France is one of the leading economies and technologically advanced nations across the globe. France is the fifth-largest economy across the globe and the third-largest economy in Europe. France is experiencing growth in the online video streaming industry. Several TV serials are broadcasted on online streaming platforms in France.
The European entertainment industry is expected to see a CAGR of 7.7% during the period (2019-2025). In the European entertainment industry, the online video streaming industry is growing at an exponential rate in the region. Amazon, Netflix, Roku, and Apple TV are some of the major companies contributing to the European online video streaming industry. According to the European Audiovisual Observatory, the subscription video-on-demand is growing at a faster rate in Europe as compared to the US.
China entertainment industry is expected to see a CAGR of 11.8% during the period (2019-2025). China's culture and entertainment industry have had arrived at an unprecedented time owing to significant revenue generation. China is one of the fastest-growing film industries, globally., By 2020, China is expected to exceed North America as the world's largest industry in box office revenue. The value has been driven by the cohesive policies and emergence of the new players in the film industry.
Asia-Pacific entertainment industry is expected to see a CAGR of 11.5% during the period (2019-2025). Asia-Pacific entertainment industry is one of the most severely affected regions across the globe with a major impact in economies such as China, Japan, South Korea, and India. The entertainment industry will continue to reflect the impact of COVID-19 in 2020. China was the first economy that was severely hit by COVID-19 as the country was the epicenter of the COVID-19.
The global digital out of home (DOOH) market is estimated to grow at a CAGR of nearly 10.7% during the forecast period. The major factors contributing to the market growth include the rising urbanization across the globe and increasing demand for programmatic advertising.
Media and entertainment market is growing at a significant CAGR of 8.5% during the forecast period (2023-2030). The media and entertainment industry is driven by the growing digitalization and access to online media platforms. Rising internet penetration and rising demand for online and on-demand videos owing to the considerable adoption of smartphones and tablets are some crucial factors boosting the growth of the market. Most sports events or any other large events are live-streamed. Apart from this, many social media platforms, such as Facebook, and Instagram are providing the facilities to individuals for live video streaming.
The global online gambling industry is estimated to register lucrative growth over the forecast period 2019-2025. Factors that augment the business growth of the market include high internet penetration coupled with the increasing use of mobile phones.
Video streaming market is anticipated to grow at a significant CAGR of 18.9% during the forecast period (2024-2031). The market growth is attributed to enhanced video quality innovations such as blockchain technology and artificial intelligence (AI). In many facets of video production and upload, including editing, voice-overs, cinematography, and scriptwriting, AI has grown indispensable. According to the International Federation of the Phonographic Industry (IFPI), in 2023, subscription streaming was the driver of growth (+10.3% to $12.7 billion). Overall streaming (including subscription and advertising supported), accounted for the highest proportion of the market, increasing to a 67.0% share of the overall market in 2022 up from a 65.5% share the prior year.
The film industry is vulnerable due to the pandemic as both the production and the consumption of its output require numerous people together in small spaces. The global entertainment industry includes various entertainment venues such as online video streaming, amusement parks, theatrical productions, sports, live events, and trade shows. The primary factors for the growth of the entertainment industry before the COVID-19 pandemic include the increased adoption of online video streaming especially Netflix, Amazon Prime, among others.
The US e-nose market is estimated to grow at a CAGR of over 14.5% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices.
The North American e-nose market is estimated to grow at a CAGR of over 15% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices.
The European e-nose market is estimated to grow at a CAGR of over 14% during the forecast period. Europe is one of the key markets for e-nose. Major countries that are involved in the market include UK, Germany, Spain, Italy, and France.
Cloud Managed Services Market is expected to grow at a moderate rate during the forecast period 2019-2025. Business across the globe run on information owing to which there is a significant risk associated with security and data loss. Cloud managed services provide an efficient and secure solution for such risks.
Cloud Migration Services Market is expected to grow at a considerable rate during the forecast period 2019-2025. As the business demand increases across the globe, IT infrastructure capacity has decreased significantly.
Financial Analytics Market is expected to grow at a significant rate during the forecast period 2019-2025. Financial analytics is designed to speed up everyday financial work such as preparation of the report, maintain financial data and so on.
The global video streaming market is estimated to grow significantly during the forecast period (2018-2023). The growth of the market is attributed to the increasing internet penetration and the rising requirement of transcoding for delivering videos to the end-users.