Home limassol-today.com (Κύπρος) Global entertainment and media industry revenues to hit US$3.5 trillion by 2029

Global entertainment and media industry revenues to hit US$3.5 trillion by 2029

Global entertainment and media industry revenues to hit US.5 trillion by 2029


The E&M industry is projected to grow at a compound annual growth rate (CAGR) of 3.7% until 2029 – a rate above the projected global economic growth average, but below pre-pandemic highs. Economic uncertainty and anaemic consumer spending growth, amid heightened domestic and international competition in the industry, is expected to weigh on E&M growth rates through the forecast period until 2029.

As growth for paid or…

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