DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lgjtgv/global_media_and) has announced the addition of the "Global Media and Entertainment Industry 2012-2017: Trend, Profit and Forecast Analysis" report to their offering.
After weathering the storm brought on by the worldwide financial crisis, the global media and entertainment industry is poised to take center stage again. The market holds significant opportunities for industry players and is forecast to reach approximately US $1,289 billion in 2017 with a CAGR of 5% during 2012-2017.
The media and entertainment industry comprises the creation, aggregation, and distribution of content, news and information, advertising, and entertainment through various media channels and platforms. As the study details, the market is highly fragmented, with North America dominating the industry. Asia Pacific (APAC), Latin America, and the Middle East are anticipated to develop rapidly, with APAC witnessing the highest growth during 2012-2017.
Lucintel's research indicates increasing disposable income and an improved economy would boost demand for entertainment products. Rising online distribution of content and video games should stimulate end-user spending. Factors such as consumer income levels, advertiser spending, technological innovations, and government regulations are expected to impact industry dynamics. The growing dominance of Internet-based entertainment is anticipated to lead to double-digit growth in Internet advertising and account for 10% of overall industry growth during the next six years.
Lucintel's report is a cost-effective tool that presents the key aspects of the media industry on an annual and quarterly basis, providing the most current analysis of the market for confident and timely decision making. The report tracks four industry segments across North America, Europe, APAC, and Rest of World; thus, it tracks 16 segments of the media and entertainment industry. This report does not include advertising agencies.
For more information visit http://www.researchandmarkets.com/research/lgjtgv/global_media_and
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