Entertainment

Europe’s video entertainment market is in the midst of transformation. Streaming services continue to surge, Pay-TV remains resilient, and regional differences are shaping the pace of change at the country level. Based on our latest Futuresource market insights for Spain, Italy and Poland, here are the key trends to watch out for in 2025 and beyond.

Europe’s video entertainment landscape is evolving rapidly, with continued growth across the region and streaming services seeing strong gains in key markets. The latest trio of new reports from Futuresource Consulting showcases the countries where audiences continue to embrace a wide breadth of content, whether that’s coming through traditional Pay-TV operators or via direct subscription video on demand services.

Futuresource Consulting has unveiled its latest global research into gaming headsets and accessories, revealing market recovery. According to the specialist research firm, following a period of decline, the industry is back on a growth trajectory.

The resurgence of vinyl has been an unexpected success story. Audio Collaborative 2023 saw an entire panel dedicated to the revival, with experts discussing how heritage is playing a key role in the format’s popularity.

As the digital entertainment landscape continues to evolve, it is crucial for entertainment  service providers to understand the latest trends and consumer behaviours to maintain a competitive edge. The latest publication of the Living with Digital report from Futuresource Consulting provides valuable insights into digital content consumption, highlighting key areas that create opportunities for differentiation.  

 Audio habits are evolving, with consumers becoming more attentive to immersive audio technologies such as Dolby Atmos. At the same time, they are placing greater emphasis on all physical formats. That’s according to the latest international survey from Futuresource Consulting, which identifies a rising consumer interest in CDs and vinyl, as well as a resurgence in demand for cassettes.

The Australian video entertainment market is in full flow, achieving 4.9% revenue growth in 2023, to end the year at AU$6.6 billion, equivalent to around USD$4.3 billion. That’s according to a new video insights report from Futuresource Consulting, which identifies SVoD and box office as the primary revenue growth drivers.

While cloud products and services are available to a wide range of industries, the broadcast media and entertainment (M&E) industry has proven to be a challenging vertical to address. However, there are advantages for both vendors and end users who are willing to undertake the technical complexity of migrating file-based and live production workflows into the cloud.

The allure of vinyl albums continues to attract consumers, with new global figures from Futuresource Consulting showing a 13% increase in spend last year. This expansion has propelled the market through the $3 billion barrier, ending 2023 on $3.3 billion.

The Indian video entertainment market continues to track upwards, resulting in a 6% increase in consumer spending in 2023, according to a newly released report from Futuresource Consulting. This post-pandemic recovery achieved revenues of near INR 760 billion, equivalent to more than USD$9 billion, and was predominantly driven by the growth of Box Office and SVoD.

Consumer passions for recorded music show no signs of waning, with both streaming and packaged media continuing to chart an upward trend. That’s according to the latest music industry market outlook from Futuresource Consulting. The report, released earlier in May, shows that the global recorded music market grew 14% in 2023, to achieve a retail value in excess of US$41 billion.

Brazil’s video entertainment market recovery continues apace, chalking up 5% growth in consumer spend last year. That’s according to the latest Video Insights report from Futuresource Consulting. The specialist research firm notes that the popularity of Subscription Video on Demand (SVoD) and a post-pandemic box office bounce back were the key drivers of growth.

In the wake of financial unrest, inflationary tension and conflict, post-pandemic attitudes are beginning to shift. A new international wave of Living with Digital research from Futuresource Consulting shows that consumers in many countries are starting to feel financially less vulnerable. This has the power to make a positive impact on the entertainment choices they make.

Global spend on video entertainment continues to trend upwards, according to the latest data from Futuresource Consulting. The specialist research firm reports year-on-year industry growth of 6% in 2023, equating to a total annual spend of $324 billion, with further expansion anticipated this year.

Subscription and cloud gaming platforms continue to capture the attention of consumers, with a new report from Futuresource Consulting sizing the market at $6.8 billion in 2022. The specialist research house also expects market revenues to achieve $8.3 billion in 2023, as popularity maintains its surge.

The jam-packed agenda for Audio Collaborative, Futuresource Consulting’s flagship event, has been officially revealed. Taking place on the 9th November 2023, Audio Collaborative will be celebrating its 10th anniversary at the striking Ham Yard Hotel in Central London.

The UK video entertainment market continues to put in an energetic performance, despite cost-of-living pressures stemming from high energy bills and rising food costs. A newly released report from Futuresource Consulting shows that the industry bounced back from its COVID-induced slump in 2021 and continued climbing, ending 2022 with an additional 10% growth.

Futuresource Consulting announces global audio leader HARMAN as the platinum sponsor for Audio Collaborative 2023. The event will return to the Ham Yard Hotel, London, on the 9th of November 2023 to explore issues and opportunities across the audio landscape.