Tag Archive | entertainment

Digital Games will Become $100 Billion Industry in 2017

video game market research

Aided by the adoption of popular franchises onto mobile devices, 2016 has seen strong growth in the number of games accessed on smartphones. Both new, optimized titles — in terms of engagement and revenue generation — and reworked classics have proved to be a hit with consumers.

Source: Digital Lifescapes

Video Games Market M&A Reached New High in 2016

video games market research

Last year was a record breaker for games, with Digi-Capital’s Games Report 2017 recording $30.3 billion games deals in 2016. The $28.4 billion of games mergers and acquisitions (M&A) was 77% higher than 2014’s previous record, and $1.9 billion games investment was the second highest ever.

Source: Digi-Capital

Consumer Tech Spending will Reach $3.4 Trillion in 2020

global digital media market research

While total consumer digital spending is going up, the nature of the spend is changing. For example, just as consumers shift spending towards digital content, consumers worldwide are moving digital spending towards online media and away from entertainment devices.

Source: Digital Lifescapes

The Best Movies You Didn’t See in 2016

In terms of box office gross, 2016 is shaping up to be one of the most profitable years in movie history. As of Dec. 11, the cumulative box office gross for the year has surpassed $10 billion, outpacing 2015 by 3.9 percent.

Source: PrettyFamous

Augmented and Virtual Reality Headsets Growing at 108.3%

AR VR headset market research

According to IDC, Worldwide AR and VR headset shipments will see a compound annual growth rate of 108.3% over 2015 – 2020 forecast period, reaching 76.0 million units by 2020. VR devices will lead in terms of volume.

Source: IDC

Subscription Video on Demand Trends in North America

North American SVOD market research

According to a recent study, North America will have 112 million SVOD subscribers — that’s for movie and TV services only; excluding sports — by end-2016, which is up by 19 million when compared with 2015. Moreover, the SVOD total is forecast to climb to 138 million by 2021.

Source: Digital Lifescapes

Pay-TV High Cost Continues to Drive Shrinking Demand

pay-TV market research

The traditional pay-TV industry is anxious to appeal to young consumers, who subscribe at much lower rates than other age groups. This market segment includes both cord-cutters, who have dropped pay-TV, and cord-nevers, who have never subscribed (and likely never will, given the current cost of pay-TV services).

Source: Digital Lifescapes