Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Space Coast Singer Songwriter Receives National Recognition for 2022 Tropical Rock Single of the Year
    Space Coast Singer Songwriter Receives National Recognition for 2022 Tropical Rock Single of the Year World News
  • Your Home Sold Guaranteed Realty Takes the Lead in Real Estate Brokerage with Innovative AI-Powered Workshop
    Your Home Sold Guaranteed Realty Takes the Lead in Real Estate Brokerage with Innovative AI-Powered Workshop Business
  • Mission Hospital in Malawi Cut Off by Floods from Community in Aftermath of Tropical Cyclone Freddy
    Mission Hospital in Malawi Cut Off by Floods from Community in Aftermath of Tropical Cyclone Freddy World News
  • Pictures show ‘biggest ever’ meteor impact on Mars – BBC News
    Pictures show ‘biggest ever’ meteor impact on Mars – BBC News World News
  • War Day 96: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин
    War Day 96: war diaries w/ Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Фейгин World News
  • Luxury & Beauty With Purpose: A Noble Foundation Elevates Healing Through Design
    Luxury & Beauty With Purpose: A Noble Foundation Elevates Healing Through Design Aviation
  • Saudia’s Chief Guest Experience Officer, Mr. Rossen Dimitrov, to Deliver Keynote at Airport Expansion Conference 2025
    Saudia’s Chief Guest Experience Officer, Mr. Rossen Dimitrov, to Deliver Keynote at Airport Expansion Conference 2025 Aviation
  • Raleigh Digital Marketing and Web Design Agency, TheeDigital, Receives Silver W3 Award for Outstanding Redesign of Law Firm Website
    Raleigh Digital Marketing and Web Design Agency, TheeDigital, Receives Silver W3 Award for Outstanding Redesign of Law Firm Website World News
Online Entertainment Market to Worth 2.5 Billion by 2027, the Market is Set to Achieve Remarkable Growth by 2027

Online Entertainment Market to Worth $652.5 Billion by 2027, the Market is Set to Achieve Remarkable Growth by 2027

Posted on October 13, 2023 By NewsEditor

Online Entertainment Market to Worth 2.5 Billion by 2027, the Market is Set to Achieve Remarkable Growth by 2027

online entertainment industry Research

U.S. is the most prominent market in North America, and is projected to reach $93.9 billion by 2027, growing at a CAGR of 14.90% during the forecast period.

PORTLAND, OREGON, UNITED STATES, October 7, 2023 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Online Entertainment Market by Form, Revenue Model, and Device Channel: Global Opportunity Analysis and Industry Forecast, 2021–2027,” The global online entertainment market size is expected to reach $ 652.5 billion by 2027 at a CAGR of 20.82% from 2021 to 2027.

Get Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6778

Online entertainment refers to entertainment over the internet through smart devices such as smartphones, smart TVs, laptops, and tablets. Proliferation in adoption of smartphones and affordability of internet have led to increase in online traffic, which is anticipated to fuel the demand for online entertainment content in the form of videos, audios, games, web radio, and e-books.

Rise in disposable income and increase in expenditure on entertainment boost the growth of the global online entertainment market. Furthermore, technological advancements in smart devices such as increase in size of smartphones, introduction of smart TVs attract a large base of customers, thereby propelling the growth of the product market, globally. Wide touchscreen, HD displays, and strong internet connectivity have enhanced the visual experience, which has notably contributed toward the growth of the global market.

Increase in alternative means of entertainment for traditional TVs and their growing popularity are expected to offer remunerative opportunities for the growth of the product market. Furthermore, multi-device delivery and surge in demand for digital advertisements are providing supportive ground for the growth of the global market. However, rise in cyber threats, cloud unpreparedness, and poor connectivity in rural areas hinder the growth of the product market.

Procure Complete Report (296 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/9bb446161b3c2a0d452eaeaecd627af5

Market Segmentation:

According to current online entertainment market trends, the online entertainment market segments described into form, revenue model, device, and region. By form, it is categorized into video, audio, games, internet radio, others. Depending on revenue model, it is fragmented into subscription, advertisement, sponsorship, and others. On the basis of device, it is differentiated into smartphones, smart TVs, projectors & monitors, laptop, desktops & tablets, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

On the basis of revenue model, the subscription segment was valued at $46.5 billion in 2019, and is expected to reach $226.1 billion by 2027, registering a CAGR of 25.5% from 2021 to 2027. In recent years, subscription-based revenue model has been majorly used for the online business. This attributed to associated advantages such as subscription-based pricing attracts more customers, provides higher customer retention, eases distribution, offers large scope for marketing, maintains business consistency, and smoothens cash flow management.

On the basis of devices, the smartphone segment is estimated to reach $294.3 billion by 2027, at a CAGR of 21.0%. In recent years, smartphones have witnessed increase in adoption, owing to their portability and increase in utility. Large screen smartphones can be used to enhance the experience of seeing videos, streaming music, surfing internet, and playing HD video games. Moreover, advancements in the smartphones and affordable internet charges have been continuously surging the sales of the smartphones, which, in turn, bolsters the online entertainment market growth. Furthermore, the emerging economies such as India and China have witnessed huge demand for smartphones, which is anticipated to offer potential growth opportunities for online entertainment content producers and distributors. For instance, according to the India Brand Equity Foundation, India’s smartphone sales is expected to reach 231.5 million in 2021 from 102.4 million in 2016. Chinese sales is estimated to grow marginally from 440.3 million in 2016 to 460.4 million in 2021. Thus growing utility of smartphones and internet user base are online entertainment market opportunities in front of the entrants.

Region wise, North America dominated the online entertainment market in 2019, and is projected to sustain its dominance during the forecast period. This majorly attributed to quick adoptions for technological changes, availability of high band width connection, and high digital literacy rate. Moreover, over-the-top media services have gained notable popularity in the North America region, owing to the benefits associated with them such as they offer original & unique content, they are convenient to use, , and they are compatible with smartphones. Technological advancements in the smart devices such as incorporation of smart displays and smart speakers further augment the growth of the product market in the region. U.S. dominates the online entertainment market in North America, owing to the advancements in different aspects such as graphics and experience. Moreover, the advent of cross-platform gaming has turned out to be highly beneficial for online gaming market players. Thus, increase in popularity of the OTT media services and online gaming is expected to boost the online entertainment market demand in the U.S.

Market Key Players

The players operating in the online entertainment market have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in online entertainment market report include Amazon Web Services (AWS), Netflix, Inc., Google LLC, Facebook, Tencent Holdings Ltd, Sony Corp, King Digital Entertainment Ltd, Spotify Technology S.A., Rakuten, Inc., and CBS Corporation.

Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/6778

Key findings of the study

The online entertainment market size was valued at $183.1 billion in 2019, and is estimated to reach $652.5 billion by 2027, growing at a CAGR of 20.8% during the forecast period.

By form, the game segment is estimated to witness the fastest growth, registering a CAGR of 23.5% during the forecast period.

In 2019, depending on revenue model, the advertisement segment was valued at $98.0 billion, accounting for 53.5% of the global online entertainment market share.

In 2019, the U.S. was the most prominent market in North America, and is projected to reach $93.9 billion by 2027, growing at a CAGR of 14.90% during the forecast period.

Reasons to Buy this Online Entertainment Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

Related Reports :

Online Gaming Market

Action Figures Toys Market

Casino Gaming Equipment Market https://www.alliedmarketresearch.com/casino-gaming-equipment-market-A09940

Educational Toy Market https://www.alliedmarketresearch.com/educational-toy-market-A07022

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

You just read:

News Provided By

October 07, 2023, 14:48 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Online Entertainment Market to Worth $652.5 Billion by 2027, the Market is Set to Achieve Remarkable Growth by 2027

Business

Post navigation

Previous Post: Province partners with bids&tenders to assist Public Service Entities to sync with CanadaBuys Procurement Portal
Next Post: Aleksandr Nevzorov – Killshot – 2022/06/12 @NevzorovTV

Related Posts

  • Chrome Ore Prices Surge as Ferrochrome Production Soars
    Chrome Ore Prices Surge as Ferrochrome Production Soars Business
  • D2K Traffic Partners With Calvert Street Capital Partners to Accelerate Its Growth
    D2K Traffic Partners With Calvert Street Capital Partners to Accelerate Its Growth Business
  • Miami’s 9th Annual Croqueta Palooza, Sponsored by Gayo Azul®
    Miami’s 9th Annual Croqueta Palooza, Sponsored by Gayo Azul® Business
  • SQAIRZ Launches GFP Baseball Shoe and Partners With Louisville Slugger Hitting Science Center
    SQAIRZ Launches GFP Baseball Shoe and Partners With Louisville Slugger Hitting Science Center Business
  • Cambridge Isotope Laboratories, Inc. (CIL) Partners With ISOtopic Solutions to Release the New Stable Isotope-Labeled and Unlabeled Crude Lipid Yeast Extracts
    Cambridge Isotope Laboratories, Inc. (CIL) Partners With ISOtopic Solutions to Release the New Stable Isotope-Labeled and Unlabeled Crude Lipid Yeast Extracts Business
  • MassMutual Northern California and International Association of Fire Fighters-Financial Corporation Announce Wealth Management Initiative
    MassMutual Northern California and International Association of Fire Fighters-Financial Corporation Announce Wealth Management Initiative Business
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • A U.S. Long-Term Residency Pathway for Skilled Pilots and Their FamiliesJune 30, 2025
  • RISE Exhibits & Environments Empowers Companies with Custom Tradeshow Booth DesignJune 30, 2025
  • *Re-Loaded: War in Ukraine. Day 1209: Third World War? Zelensky’s Viennese Waltz. Arestovych ShelestJune 30, 2025
  • Chiang Mai Lantern Festival 2025 Confirmed for November 5–6June 29, 2025
  • Russian Economy: “Nude Party”. Collapse of an Empire: St.Petersburg Intl Economic Forum. MilovJune 29, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • Industry Leaders Launch NeXus Digital Group
    Industry Leaders Launch NeXus Digital Group Business
  • The Department of Homeland Security Joins the United States Global Change Research Program (USGCRP)
    The Department of Homeland Security Joins the United States Global Change Research Program (USGCRP) World News
  • Mongolia’s Mineral Law Amendment Stirs Global Investment Concerns
    Mongolia’s Mineral Law Amendment Stirs Global Investment Concerns Business
  • Pres. Biden: U.S. Prepared To Defend Taiwan In The Event Of “Unprecedented Attack” From China
    Pres. Biden: U.S. Prepared To Defend Taiwan In The Event Of “Unprecedented Attack” From China World News
  • Experienced Congressional Legislative Director Joins HBS Federal Team
    Experienced Congressional Legislative Director Joins HBS Federal Team Business
  • War Day 105: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych  & #Feygin
    War Day 105: war diaries w/Advisor to Ukraine President, Intel Officer @Alexey Arestovych & #Feygin World News
  • CMG Financial’s Dave Herbst Named 2022 HousingWire Insider
    CMG Financial’s Dave Herbst Named 2022 HousingWire Insider Business
  • Surging OTT Popularity And Online Game Streaming Fuels Market Growth
    Surging OTT Popularity And Online Game Streaming Fuels Market Growth World News
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .