Global Media Market Is Valued At Around $2 Trillion In 2017 According To TBRC’s Latest Report


Posted July 18, 2018 by sainath

North America was the largest region in the media market in 2017, accounting for around 35% market share. The USA was the largest country in the market in 2017, accounting for above 26% market share.

 
The media industry consists of businesses that produce and distribute television and radio programs, motion pictures, and commercials along with video and audio recordings, games and publishing.

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The market is valued at around $2 trillion in 2017 because of digital media growth, online paywall and digital advertising revenues increasing.
The media market is segmented into five segments, namely web content, search portals and social media; TV and radio broadcasting; print media; film and music and information services. While the first and the second segments account for more than half of the market share, the remaining share is attributed to the other three segments.

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The USA was the largest country in the media market in 2017, accounts for more than one-fourth of the market share. The USA was followed by China and Japan as the next largest countries in the market.
Google was the largest competitor in the media market, followed by Walt Disney and Time Warner Inc. Google is an American multinational technology company specializing in internet-related services and products. Google provides products and services in more than 100 languages and in more than 50 countries, regions, and territories.

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Categories Business , Media , Research
Tags film and music market analysis , information services global report 2018 , media global market overview , media market report 2018 , print media research report , search portals and social media global report 2018 , tv and radio broadcasting report , web content
Last Updated July 18, 2018