Lucintel’s Research Indicates Global Media and Entertainment Industry to Reach US $1,289 Billion in 2017


   January 1 2013


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.

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