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Digital Content Market Size, Share, Growth & Trends Analysis Report By Type, Application, and Segment Forecasts, 2021 to 2027
Published Date: November 2020
|
Report Code: QYRE-Othe-2D382
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Digital Content Market

Digital Content Market Size, Share, Growth & Trends Analysis Report By Type, Application, and Segment Forecasts, 2021 to 2027

Code: QYRE-Othe-2D382
Report
November 2020
153 Pages
QYResearch
Region: Global
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Digital Content Market 

The global Digital Content market size is projected to reach US$ 241650 million by 2027, from US$ 161540 million in 2020, at a CAGR of 5.9% during 2021-2027. The digital content market growth is driven by the proliferation of smart connected devices and online content consumption. The increasing technological developments and widespread access to the internet, smartphones will propel the growth of the digital content market during the forecast period.

Digital Content Market

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The growing preference for online content shown on OTT(Over the Top) platforms will surge the market expansion in the coming years. The eCommerce industry boom will positively impact the digital content market trends in the upcoming years.

Trends Influencing the Global Digital Content Market

The rise in smart device connections

The availability of smart devices with myriad connectivity options has increased the consumption of digital content. As the pandemic struck people were cooped up inside their homes which resulted in a growing content viewing. Consumers are shifting towards smart TVs, laptops, computers for enjoying an immersive viewing experience. The devices provide seamless, personalized control over their digital content. This in turn is expected to boost the growth of the digital content market during the review period. 

 

Digital Content Market Size

Innovations and largescale smartphone penetration 

Digital media is booming as consumers and marketers shift towards the online world for their everyday entertainment use. The content delivery, engagement are being made easily accessible through faster connections, cheap data rates, and extensive mobile usage. Social networking sites and content creation software applications are being integrated rapidly to accelerate the reach of the industry. These factors will spur the growth of the digital content market in the subsequent years. 

The popularity of OTT platforms 

The surge in preference for OTT viewing with flexible subscription models has revolutionized the online content industry. Giants such as Netflix, Amazon Prime are coming up with unique content generating and viewing services to cater to the mass audience. On the other hand, youtube is expanding its video streaming platform along with providing TV services to capture the attention of its target audience. Watching videos, music, playing games, have become easy with quick access within the comfort of your home. Hence the digital content market will continue to develop in the near future. 

eCommerce sector growth 

Online purchase sales are doubling at a rapid pace. Brands are investing heavily to increase their online presence for converting leads into qualified sales. The internet has become the busiest marketplace with buyers and sellers interacting continuously with each other. Products sell only if reliable and consistent content is available in the form of images, instructional videos, reviews, and descriptions. Hence online media and content are the future moving ahead which will drive the growth of the digital content market.

Digital Content Market Share Analysis

Based on type, games are expected to dominate in the digital content market share with 50% penetration during the forecast period. Based on application, the smartphones segment will maintain dominance in the digital content market share. Based on region, Asia Pacific will provide lucrative opportunities for growth in the digital content market share with 35% followed by Europe and North America with a total of 55%. 

Digital Content Market Segments

Digital Content Market by Type

  • Movie and Music
  • Game
  • Education
  • Digital Publication
  • Others

Digital Content Market by Application

  • Smartphones
  • Computes
  • Tablets
  • Smart TV
  • STB& Analogue TV
  • Non-network Consumption Device(CD-Player,game console,etc)

Digital Content Market by Regions/Countries

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The Study Objectives of this Report are

  • To analyze global Digital Content status, future forecast, growth opportunity, key market and key players.
  • To present the Digital Content development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by type, market and key regions.

Scope of the Digital Content Market by Report

Report Metric

Details

Report Name

Digital Content Market

Market size value in 2020

USD 161540 Million

Revenue forecast in 2027

USD 241650 Million

Growth Rate

CAGR of 5.9% from 2021-2027

Base year considered

2019

Forecast period

2021-2027

Forecast units

Value (USD)

Segments covered

Type, End User, Offerings, and Region

Report coverage

Revenue & volume forecast, company share, competitive landscape, growth factors, and trends

Geographic regions covered

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key Companies covered

Tencent, Microsoft, Sony, Activision Blizzard, Apple, Google, Amazon, Facebook, EA, NetEase, Nexon, Mixi, Warner Bros, Square Enix., DeNA, Zynga, NCSoft, Baidu, Deezer, Dish Network, Giant Interactive Group, Hulu, Nintendo, Reed Elsevier, Schibsted, Spotify, Wolters Kluwer, KONAMI, Ubisoft, Bandai Namco, etc.

Frequently Asked Questions About This Report

1. How big is the Digital Content market?

Ans. The global Digital Content market size is projected to reach US$ 241650 million by 2027, from US$ 161540 million in 2020, at a CAGR of 5.9% during 2021-2027.

2. What is driving digital content growth?

Ans. Major factors driving the growth of the digital content market are, increase in the number of smart connected devices, growing digital transformation across end-user industries, and increasing connection speeds.

3. Which region dominated in the global digital content market share?

Ans. Asia-Pacific is the largest market, with a share of about 35%, followed by Europe, and North America, both have a share over 55 percent.

4. Which is the most influencing segment growing in the global digital content market report?

Ans. In terms of product, Game is the largest segment, with a share over 50%. And in terms of application, the largest application is Smartphones, followed by Computes, Smart TVs, etc.

5. Who are the top companies hold the market share in the digital content market?

Ans. Global digital content market key players include Tencent, Microsoft, Sony, Apple, Google, etc.

6. Who are the top companies hold the market share in the self-checkout system market?

Ans. The major vendors operating in the self-checkout system market include NCR, Toshiba, Diebold Nixdorf, Fujitsu, ITAB, Pan-Oston, IBM, Grupo Digicon, Hisense, Modern-Expo Group, HP, Inc.

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