Irving, TX (PRWEB) May 11, 2012 The global broadcast media industry offers significantopportunities for industry players due to increasing mobiletelevision subscribers and a surging entertainment and mediamarket. The market is expected to continue its expansion and reachapproximately US $597billion in 2017 with a CAGR of 4.5% over thenext five years (20122017). Lucintel, a leading global management consulting and market research firm, has analyzed the global broadcast media industry marketandpresents its findings in Global Broadcast Media Industry Analysis 2012-2017:Industry Trend,Profit and Forecast Analysis . The global broadcast media industry includes enterprises thatcreate content or acquire the rights to distribute and broadcastcontent. It consists of all terrestrial, cable,and satelliteproviders of digital and analog television and radio programming.As per the study,the industry is fragmented, with the top five andtop 10 players accounting for approximately 21% and 32%respectively in 2011. |
Improving economic conditions and more spending by advertisers,coupled with rising online distribution of music, films, TV shows,and video games are expected to be the industrys major growthdrivers.Internet broadcasting is forecast to be the fastest-growingsector as the Internet becomes more dominant in contentconsumption. Theindustry is experiencing high competition due tolow barriers to entry and an increasing industry growth rate. As per Lucintels study, APAC, Latin America, and Middle Eastregions are expected to lead the industry. APAC is estimated togrow at the highest rate during the forecast period.New streamingservices, downloads, digital content storage solutions, and theemergence of a new digital distribution model are anticipated to drive spending during 20122017.
Lucintels report includes revenue generated from advertising andsubscription services through cable, satellite, and Internet whilepodcasting and webcasting revenues and advertising agenciescommissions and are not included in the report. The report tracksfour industry segments for four regions; thus, it tracks 16segments of the global broadcast media industry. For a detailed table of contents and pricing information on thesetimely, insightful reports, contact Lucintel at +1-972-636-5056 orvia email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services thatfacilitate critical decisions with greater speed, insight, and costefficiency.
Read the full story at releases/2012/5/prweb9499057.htm .
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