Blockchain in Media, Advertising, and Entertainment Market Analysis

  • Report ID: 3418
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Blockchain in Media, Advertising, and Entertainment Market Analysis

The market is segmented by application into licensing & rights management, digital advertising, smart contracts, content security, online gaming, and payments, out of which, the payments segment is anticipated to hold the largest share in the global blockchain in media, advertising, and entertainment market on account of the fact that blockchain technology provides real-time payments against assets with an immutable digital identity. In addition, this technology also helps in automating processing activities and significantly reducing administrative costs, which are also predicted to boost the growth of the market segment in the future. Moreover, on the basis of enterprises, the segment for small and medium-sized enterprises is assessed to observe the highest CAGR over the forecast period owing to the high demand for integrating blockchain technology-based solutions in media, advertising and entertainment industry.

Our in-depth analysis of the global blockchain in media, advertising, and entertainment market includes the following segments:

          By Blockchain Type

  • Public
  • Private

          By Enterprise Size

  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprises

          By Application

 

  • Licensing & Rights Management
  • Digital Advertising
  • Smart Contracts
  • Content Security
  • Online Gaming
  • Payments
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Author Credits:  Abhishek Verma


  • Report ID: 3418
  • Published Date: Aug 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of blockchain in media, advertising, and entertainment is evaluated at USD 2.12 billion.

Blockchain in Media, Advertising, and Entertainment Market size was valued at USD 1.34 billion in 2023 and is projected to exceed USD 1.62 trillion by 2036, expanding at over 72.7% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing demand to eliminate intermediaries between end-users and content creators and rising number of incidences of data piracy in the media industry.

Asia Pacific is estimated to hold largest revenue share by 2036, on the back of increasing penetration of internet, rising technological advancements in blockchain technology and escalating adoption of AI in the region.

The major players in the market are Microsoft Corporation, SAP SE, IBM Corporation, Oracle Corporation, and others.
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