Global digital media industry revenue will grow 15% in 2021

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Global digital media industry revenue will grow 15% in 2021

The pandemic caused a significant increase in the consumption free mobile number database of content in digital media, and revenues grew in 2020 to 254.8 billion dollars. In recent years, the digital universe has gained a strong momentum and it seems that in 2021 it will continue its growth, breaking new records in terms of revenue free mobile number database and users. This just released year, the revenue of the global digital media industry is expected to reach a value of 292.4 billion dollars , which represents an increase of 15% year-on-year, according to data free mobile number database presented by Finaria.it .

In just two years, the revenues of this sector free mobile number database have shot up 40% . In 2017 they reached 158.3 billion dollars, as revealed by the Statista survey, and at the end of 2019 this figure rose to 208.3 billion. The pandemic that marked 2020 also caused a significant increase in free mobile number database the consumption of digital media content, and revenues grew to 254.8 billion. The digital media sector is forecast to exceed $ 414 billion by 2025 . The highest growth is signed by the video on demand segment , whose revenues increased by 29% to 72,500 million in 2020, a figure that will reach 85,800 million this year according to free mobile number database Finaria.it.

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Revenues from the video games segment grew 23% in free mobile number database to 135.8 billion dollars and is expected to reach 154.6 billion dollars in 2021. The digital music and electronic publishing sectors rank third and fourth in this growth ranking, with 24.8 billion and 27 billion in revenue, respectively. By region, the United States will sale leads be the leader with a digital media free mobile number database industry of 85.8 billion in 2021, 13% more than in 2019. But it is China that will experience the highest growth in its revenues (18%) to reach 66.7 billion. Japan’s digital media industry completes the podium with 25.3 billion. It is followed by the free mobile number database United Kingdom with 14,000 million and South Korea with 8,800 million.

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