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. Moreover, the continuous expansion of Asia-Pacific region in the offline media and entertainment industry, including the construction of amusement parks and event and trade shows, is further augmenting the market growth in Asia-Pacific.
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The media and entertainment market is bifurcated into two types, namely online/digital platform and offline platform. The online platform media and entertainment market includes radio & music, digital signage, theatrical productions, gaming, video streaming, and others. The offline platform media and entertainment market includes events and trade shows, amusement parks, and others. Among these platforms, the online platform of media and entertainment market is estimated to project a significant growth during the forecast period. This growth is backed by the rising demand for video streaming and online gaming across the globe.
Geographically, Asia-Pacific media and entertainment market is analyzed for China, Japan, India, and rest of Asia-Pacific. China contributed the major share in Asia-Pacific media and entertainment market in 2019 and is expected to retain at its position during the forecast period. The dominance of China in Asia-Pacific market is mainly due to the rising expansion of film industry in the country. India is projected to exhibit a considerable CAGR in Asia-Pacific media and entertainment market during the forecast period, owing to the rising internet penetration in the country.
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Asia-Pacific Media and Entertainment Market Segmentation
By Type
- Online/Digital Platform
- Radio & Music
- Digital Signage
- Theatrical Productions
- Gaming
- Video Streaming
- Others (Virtual Reality and Podcasts)
- Offline Platform
- Events and Trade Shows
- Amusement Parks
- Others (Newspaper/Magazines)
Regional Analysis
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- Alibaba Pictures Group
- Amazon Web Services, Inc.
- Apple Inc.
- Contagious Malaysia Sdn Bhd
- Eros International PLC
- Event and Entertainment Management Association
- Facebook, Inc.
- Fantawild Holdings Inc.
- Google LLC
- Hong Kong Disneyland
- Intel Corp.
- LG Electronics Inc.
- Microsoft Corp.
- Netflix Inc.
- Samsung Electronics Co., Ltd.
- Sony Corp. (Sony Pictures Entertainment)
- The Walt Disney
- Viacom CBS Inc. (Paramount Pictures Corp.)
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