Global Mobile Entertainment Market (2018-2023) to Grow at a CAGR of 15%: Opportunities & Challenges - ResearchAndMarkets.com
Aug. 20, 2018
DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Mobile Entertainment Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Mobile Entertainment market is expected to grow at a CAGR of over 15% during the forecast period (2018-2023).
Growing proliferation of smartphones has resulted in a dominant transformation in mobile user behavior and mobile entertainment. Before the advent of smartphones, the mobile entertainment phenomenon comprised of ringtones, wallpapers, and a few full tracks of audio.
Mobile TV & games, streaming video and music have transformed digital entertainment and are providing in a wholesome experience for mobile users.
Of late, mobile apps have reformed the way users discover and view content. Thus, the recent years have witnessed music and game studios releasing on a mobile app which is increasingly becoming the access point for users to explore and savor the content.
Also, growing penetration of smartphones across the globe and the growth in mobile network accessibility in recent years such as 3G and 4G are expected to drive the mobile entertainment market. However, paid version of some types can challenge further penetration, especially in developing countries.
Key HighlightsRising Demand for Video Streaming to Augment the Market Asia-Pacific Expected to Be the Fastest Growing Market
Notable Developments in the MarketAT&T started rolling out the app update for DirecTV Now internet-TV streaming service, which will provide all customers DVR access coupled with 20 hours of storage for no extra charge. Epic Games, the company which made Fortnite, announced the game for iOS-based mobile devices. Also, the company stated that Android version would be launched in the coming few months.
Key Topics Covered
2. Mobile Entertainment Market Research Methodology
3. Executive Summary
4. Mobile Entertainment Market Dynamics
5. Technology Snapshot
6. Global Mobile Entertainment Market Segmentation
7. Competitive Intelligence - Company ProfilesAmazon Inc. Apple Inc. AT&T Inc. Electronic Arts Inc. Facebook Google LLC Netflix Inc. OnMobile Global Limited Rovio Entertainment Corporation Snap Inc. Spotify Technology SA Tencent Holdings Limited
8. Investment Analysis
9. Future Outlook on the Market
For more information about this report visit https://www.researchandmarkets.com/research/q984cv/global_mobile?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180820005421/en/
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Related Topics:Media and Entertainment,Mobile Content
INDUSTRY KEYWORD: ENTERTAINMENT MOBILE ENTERTAINMENT
SOURCE: Research and Markets
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PUB: 08/20/2018 11:31 AM/DISC: 08/20/2018 11:31 AM