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Entertainment and Media Market Applications, Outstanding Growth, Market status and Business Opportunities

July 12, 2019 / Honest Version

The global entertainment and media market is spanned across North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to be the largest market for entertainment and media market, with a significant growth rate during the forecast period. For the purpose of analysis, North America has been categorized into three regions—the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading region in terms of market share, growing at a CAGR of 8.65%, followed by Canada with 9.55% and Mexico with 10.87%.The US entertainment and media market has witnessed rapid growth due to contribution from the US film and media enterprises. The music and gaming industry also generate a surplus amount of revenue every year. The consumers demanding access to live media and entertainment over smartphones drive the investment of various key players in the country.