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Blockchain in Media, Advertising, and Entertainment Market Trends

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

Blockchain in Media, Advertising, and Entertainment Market Trends

Growth Drivers

  • Growing Demand to Eliminate Intermediaries between End-Users and Content Creators
  • Rising Number of Incidences of Data Piracy in the Media Industry

Challenges

  • Problems Faced During Integration of Old Systems

Blockchain in Media, Advertising, and Entertainment Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

72.7%

Base Year Market Size (2023)

USD 1.34 billion

Forecast Year Market Size (2036)

USD 1.62 trillion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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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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