A Quick Overview of India Media & Entertainment Market
• Base Year: 2024
• Historical Years: 2020-2023
• Forecast Years: 2025-2030
• Market Growth Rate: 9.8% (2025-2030)
The key object of this report on the India Media & Entertainment Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
According to the latest report, the India Media & Entertainment Market size was valued at around USD 30 Billion in 2024 and is projected to reach USD 48 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9.8% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.
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Market Dynamics:
Trend-
Live Events Gaining Traction – The live events in India, which declined in 2020 due to the pandemic, have made a strong recovery in 2023. In 2023, more than 13.5 million people in India attended live events, which is also an 82% increase in the number of individuals attending live events, as per the BookMyShow website. Further highlighted that a significant booking is being made from Tier-II cities like Surat, Jaipur, and Ranchi. For instance, in September 2024, the Coldplay concert tickets, which will be held on Jan 2025, sold out within 30 minutes. This is just the data from a single ticket booking platform. Furthermore, Zomato, which has catered to around 58 million customers by FY23, acquired Paytm’s entertainment and ticketing business in Aug 2024, making the service available to a large customer base. These developments will boost attendance at live events, which will further boost market growth.
India Media & Entertainment Market Report Segmentation:
The report by MarkNtel Advisors on India Media & Entertainment Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Type
> Television
> Digital Media
> Online Gaming
> Filmed Entertainment
> Animation and VFX
> Live Events
> Out of Home Media
> Music
> Radio
> Others
– Television holds the largest share of the India Media & Entertainment Industry in terms of both reach and viewership in 2023. Furthermore, in India, over 210 million households have televisions, which is equivalent to around 891 million viewers, according to the Broadcast Audience Research Council (BARC). It is expected that as the country adds more households to its middle class, the number of television connections will rise further.
By Revenue Type
> Advertisement
> Subscription
> Others
By Language
> Hindi
> Kannada
> Telugu
> Tamil
> Marathi
> Malayalam
> Gujarati
> Others
By Region
> North & Central India
> South India
> East India
> West India
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Some of the Top India Media & Entertainment Companies in the Market
In the fast-changing India Media & Entertainment Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:
• Zee Entertainment
• TV18 Networks (Media & Broadcast)
• Sony Pictures
• Sun TV Network
• Netflix
• PVR INOX
• Saregama India
• DB Corp Ltd.
• Jagran Prakashan Ltd.
• Youtube
• Others
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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This release was published on openPR.