The video piracy issues and illegal downloading of music tracks will be a major challenge for the music and video market during the forecast period. Therefore, the rising penetration of smartphones and easy access to the Internet is driving the growth of the music and video market. Increased Internet connectivity, coupled with the availability of smartphones at low costs, has fueled the demand for these devices in emerging markets such as India, Russia, and Mexico. With the increasing mobile Internet subscriptions, many online streaming service providers are exploring OTT platforms to provide online streaming services. This increase in the number of smartphones is making it easier for users to access video and music content on the go. With the advent of high-end smartphones and the easy availability of the Internet, users are opting for online streaming services. One of the key factors driving growth in the music and video market is the rising Internet and smartphone penetration. BROWSE SUMMARY OF THE RESEARCH REPORT TO LEARN MORE With ISO 9001:2015 certification, Technavio is delivering key market data to more than 100 Fortune 500 companies for over 16 years. Technavio has announced its latest market research report titled Music and Video Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |