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Futuresource Video Entertainment Overview Report - Worldwide Mar 18
The average household spent $179 on Video, Games and Music entertainment content globally, up 4% from 2016 as the appetite for entertainment continues to expand. This equates to a total spend of US$375 Billion, by 2021 this is expected to reach US$439 billion.
Although spend on Music is also growing faster than video (7% CAGR), as it is from a much lower base the net increase remains smaller than on Video therefore music will account for 6% of total spend worldwide on entertainment
This report focuses predominantly on the trends and developments within the TV & Video entertainment space, drawing from Futuresource’s continuous research programmes. It provides contextual comparisons on the performances of key countries and their influence and contribution towards the Global landscape.
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Here at Futuresource Consulting we deliver specialist research and consulting services, providing market forecasts and intelligence reports. Since the 1980s we have supported a range of industry sectors, which has grown to include: CE, Broadcast, Entertainment Content, EdTech and many more.