Online entertainment platform is escalating the US media and entertainment market

US media and entertainment market is projected to grow at a significant CAGR of around 9.8% during the forecast period (2020-2026). The US has a well-developed IT industry, with the presence of largest IT hub ‘Silicon Valley’, having the headquarters of some of the leading IT companies in the country. In media and entertainment industry, the US has the headquarter of Netflix Inc., Hulu, and Amazon Web Services, Inc., which are considered among the most revenue generating companies in the online video streaming market across the globe. Similarly, the North America dominates in the digital signage market, as the country significantly adopts digital signage across various locations such as restaurants, airports, and shopping malls. This is largely impelling the growth of the digital signage market in the US.

Browse the full report description US Media and Entertainment Market Size, Share & Trends Analysis Report by Type (Online/Digital Platform and Offline Platform) and Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/us-media-and-entertainment-market

Moreover, the US headquarters some of the top music applications companies, such as YouTube and Apple Music. These companies have a significant presence across the globe; however, a huge revenue of these companies is generated from the domestic market. Along with the music applications, the virtual reality and podcasts market marks a huge contribution from the US market. This is majorly due to the fact that the US has been regarded as one of the country will the large adoption of advanced technologies, which in turn, have been augmenting the growth of the virtual reality market in the country.

Market Coverage

Key questions addressed by the report

• What is the market growth rate during the forecast period?
• Which segment dominates the market in base year?
• Which segment will project fastest growth in the market during the forecast period?
• How COVID-19 will impact the market growth in 2020 and coming years?

o Recovery Timeline

o Deviation from pre-COVID 

o Most affected segment

o Recommendations 

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Media and Entertainment Market – Segmentation

• Online/Digital Platform

o Radio & Music

o Digital Signage

o Theatrical Productions

o Gaming

o Video Streaming

o Others (Virtual Reality and Podcasts)

• Offline Platform

o Events and Trade Shows

o Amusement Parks

o Others (Newspaper/Magazines)