The latest research study “Online Entertainment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global online entertainment market size reached US$ 294.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,049.31 Billion by 2027, exhibiting a growth rate (CAGR) of 22.30% during 2022-2027.
Online entertainment solutions allow users to access entertainment materials over the internet. They can be categorized into video streaming, video chat communication, music streaming, multi-player gaming, etc. These forms of online entertainment provide users with a greater selection of content. They even involve interactive entertainment functions, including social networking services, forums, graph management, geolocation ratings and reviews, etc. Online entertainment services are mostly free and low-priced. Consequently, they are extensively used by consumers across the globe.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Online Entertainment Market Trends and Drivers:
Online entertainment solutions allow users to access entertainment materials over the internet. They can be categorized into video streaming, video chat communication, music streaming, multi-player gaming, etc. These forms of online entertainment provide users with a greater selection of content. They even involve interactive entertainment functions, including social networking services, forums, graph management, geolocation ratings and reviews, etc. Online entertainment services are mostly free and low-priced. Consequently, they are extensively used by consumers across the globe.
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Online Entertainment Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amazon Web Services Inc. (Amazon.com Inc.), Charter Communications Inc., Comcast Corporation, Google LLC (Alphabet Inc.), King.com Limited (Activision Blizzard Inc.), Meta Platforms Inc., Netflix Inc., Rakuten Group Inc., Sony Pictures Networks India Pvt. Ltd. (Sony Corporation), Spotify AB, The Walt Disney Company and Ubisoft Entertainment SA.
The report has been segmented the market into following categories:
Breakup by Form:
- Video
- Audio
- Games
- Internet Radio
- Others
Breakup by Revenue Model:
- Subscription
- Advertisement
- Sponsorship
- Others
Breakup by Device:
- Smartphones
- Smart Tvs, Projectors and Monitors
- Laptop, Desktop and Tablets
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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