LONDON–(BUSINESS WIRE)–#DigitalContentMarket–Technavio has been monitoring the digital content market and it is poised to grow by $ 283.3 bn during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
What are the major trends in the market?
Digital transformation across end-user industries is a major trend driving the growth of the market
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 18.72% and the incremental growth of the market is anticipated to be $ 519.83 bn
Who are the top players in the market?
Blizzard Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., AT&T Inc., Baidu Inc., Comcast Corp., DISH Network Corp., IHEARTMEDIA INC., Microsoft Corp., Netflix Inc., Nine Entertainment Co. Holdings Ltd., Roku Inc., Sony Corp., and The Walt Disney Co., are some of the major market participants
What is the key market driver?
The rising number of smart connected devices is one of the major factors driving the market
How big is the APAC market?
The APAC region will contribute 38% of the market share
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet, Amazon.com, Apple, Microsoft, and Netflix. are some of the major market participants. The rising number of smart connected devices will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Digital Content Market 2020-2024: Segmentation
Digital Content Market is segmented as below:
- Mobile Device
- Non-mobile Device
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Digital Content Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The digital content market report covers the following areas:
- Digital Content Market Size
- Digital Content Market Trends
- Digital Content Market Industry Analysis
This study identifies the digital transformation across end-user industries as one of the prime reasons driving the digital content market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Digital Content Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist digital content market growth during the next five years
- Estimation of the digital content market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the digital content market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of digital content market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing
- Market size and forecast
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DEVICE TYPE
- Market segmentation by device type
PART 07: MARKET SEGMENTATION BY CONTENT TYPE
- Market segmentation by content type
- Comparison by content type
- Digital video content – Market size and forecast
- Digital game content – Market size and forecast
- Digital text content – Market size and forecast
- Digital audio content – Market size and forecast
- Market opportunity by content type
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas – Market size and forecast
- APAC – Market size and forecast
- EMEA – Market size and forecast
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- High utilization of social media
- Expansion in the variety of content
- Proliferation of mobile applications
- Growing popularity of VR and 360° video content
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 15: APPENDIX
- Research methodology
- List of abbreviations
PART 16: EXPLORE TECHNAVIO
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