Irving, TX—January 20, 2012: After weathering the storm brought
on by the worldwide financial crisis, the global media and entertainment industryis
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.
Lucintel, a leading global management consulting and market research firm, has analyzed
the global media and entertainment marketand presents its findings in “Global
Media and Entertainment Industry 2012–2017: Industry Trend, Profit, and Forecast
Analysis.”
The media and entertainment industry comprisesthe creation, aggregation, and distribution
of content, news and information, advertisement, and entertainment through various
media channels and platforms.As the study details, the marketis highly fragmented,
with North America dominatingtheindustry.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 gamesshouldstimulate 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 industrygrowth during the next six years.
Lucintel’s reportis 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 acrossNorth America, Europe, APAC, and Rest of World – thus it tracks 16
segments of the media and entertainment industry. The scope of this study is limited
to annual trends for the past five years and forecasts for the next five years –
helping executives plan for inventory and resource management. This report does
not include advertising agencies.
This comprehensive guide from Lucintel provides readers with valuable information
and the tools needed to successfully drive critical business decisions with a thorough
understanding of the market’s potential. This report will save Lucintel clients
hundreds of hours in personal research time on a global market and it offers significant
benefits in expanding business opportunities throughout the global media andentertainment
industry.
For a detailed table of contents and pricing information on these timely, insightful
reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com.
Lucintel provides cutting-edge decision support services that facilitate critical
decisions with greater speed, insight, and cost efficiency. To learn more, visit
www.lucintel.com.
Contact:
Steve Parker, +1-972-636-5056 or via email at
helpdesk@lucintel.com.