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Entertainment And Media Market Overview
Benefits of owning a Entertainment and Media franchise
Market size, in 2016
- $1.8 trillion
Relevance
- In 2021, the market is expected to reach a worth of $2.2 trillion CAGR 10%
Advantages
- – Growing demand;
- – Lower investments;
- – Help with red tape;
- – Huge variety of choices.
Opportunities
- – Internet video will grow by 11.6% during the stated time;
- – Newspaper publishing is expected to shrink on an annual basis by 2.7%;
- – Offering consumers a recognizable and consistent brand experience;
- – The eSports industry is growing at a 22.6 percent growth rate.
Successful practice
- – Adapts to market changes;
- – Overall management strategies;
- – 4K video;
- – Autonomous vehicles;
- – 5G wireless.
Trends
- – The technology of Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR);
- – E-books constitute a considerable portion of present book sales;
- – Rethink programming formats. By 2021, mobile video will drive 24% of all internet video traffic. Media companies should explore formats geared to smaller screens and shorter attention spans.
Segmentation by type
- – Market segment by Type: in-door, out-door;
- – Market segment by Application: electronic, exhibition, live, mass media, musical and others.
Top 10 Entertainment Franchises
- Plan Ahead Events
- Pump It Up
- GOLFTEC
- Bricks 4 Kidz
- Wheel Fun Rentals
- i9 Sports
- Space Walk
- Anytime Fitness
- Rockin' Jump
- Soccer Shots
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