India Media & Entertainment Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis| MarkNtel
MarkNtel Advisors recently published a detailed industry analysis of the India Media & Entertainment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Media & Entertainment Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The India Media & Entertainment Market size was valued at around USD 30 Billion in 2024 and is projected to reach USD 48 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.8% during the forecast period, i.e., 2025-30.
What are the major Driver the India Media & Entertainment industry?
Escalating Growth in Digital Media – India is fast digitizing its economy to achieve the target of a USD1 trillion digital economy by FY28. Growth has been catalyzed by the massive growth in digital media in the country. As per FICCI, digital subscriptions in the country have grown by 9%, with the revenues for 2023, to be USD924 million. Further segmentation highlights that the revenue from video-based subscriptions contributes more than 90% of the total subscription-based revenue of digital media, and that has grown by 6% in 2023. Growth in digital media is further supported by increased usage of smartphones in India where Indians spend more time on mobile devices.
As per The International Trade Administration in mid-2024, smartphone users in India accounted for more than 650 million. The increased internet connectivity in the country has made Indians spend much time on smartphones. These will boost consumer engagement across various digital media, thereby driving market growth.
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What segments define the India Media & Entertainment market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
· By Type
o Print Media- Market Size & Forecast 2020-2030, USD Million
o Digital Media- Market Size & Forecast 2020-2030, USD Million
o Streaming Media- Market Size & Forecast 2020-2030, USD Million
According to report, Television holds the largest share of the India Media & Entertainment Industry in terms of both reach and viewership in 2023.
· By Revenue
o Advertisement – Market Size & Forecast, 2020-2030, USD Million
o Subscription – Market Size & Forecast, 2020-2030, USD Million
o Others – Market Size & Forecast, 2020-2030, USD Million
According to report, Subscription Segment holds the biggest market share of around 64% in the Media & Entertainment Industry of India.
· By Language
o Hindi – Market Size & Forecast, 2020-2030, USD Million
o Kannada – Market Size & Forecast, 2020-2030, USD Million
o Telugu – Market Size & Forecast, 2020-2030, USD Million
o Tamil – Market Size & Forecast, 2020-2030, USD Million
o Marathi – Market Size & Forecast, 2020-2030, USD Million
o Malayalam – Market Size & Forecast, 2020-2030, USD Million
o Gujarati – Market Size & Forecast, 2020-2030, USD Million
o Others – Market Size & Forecast, 2020-2030, USD Million
· By End-User
o Residential- Market Size & Forecast 2020-2030, USD Million
o Commercial- Market Size & Forecast 2020-2030, USD Million
Explore the Complete India Media & Entertainment Market Analysis Report – https://www.marknteladvisors.com/research-library/india-media-entertainment-industry-market.html
Geographical Analysis: India Media & Entertainment Market
o North
o South
o East
o West
India Media & Entertainment Market Share & Competitive Landscape:
The India Media & Entertainment Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the India Media & Entertainment Market are:
- Walt Disney India
- Amazon Prime Video
- Netflix
- PVR Cinemas
- Times Group
- News Corporation
- Discovery Communications Inc.
- Sony Pictures Networks
- Viacom18 Media Pvt. Ltd.
- Zee Entertainment Enterprises Ltd.
India Media & Entertainment Industry Recent Development:
- August 2024: YouTube has increased prices across all its premium plans in India.
Questions Addressed in this Study
1. What factors are driving the India Media & Entertainment Market growth?
2. How is the India Media & Entertainment Market expected to grow over the next five years?
3. What are the key insights into the current trends in the India Media & Entertainment Market?
4. What is the current size of the India Media & Entertainment Market, and how is it projected to change in the future?
6.What is the future outlook for the India Media & Entertainment Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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