Blockchain in Media and Entertainment Market Size, Status and Forecast 2019-2025
Wiseguyreports.Com Adds “ Blockchain in Media and Entertainment – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2025” To Its Research Database.
Market Synopsis:
Blockchain holds disruptive potential in the media and entertainment industry. It is expected to witness an exponential rise in applications across the industry over the next couple of years. This report analyzes the blockchain in media and entertainment market on the front. Its findings unravel that the market is expected to exhibit an exponential rise in the growth curve in the years to come. The market for blockchain in media and entertainment is poised to attract huge investment in the foreseeable future and is poised to register a stellar CAGR across the forecast period. The competitive dashboard of the market represents robust competition among domestic and international players.
This report suggests that the blockchain in media and entertainment market is expected to witness an influx of new entrants. Increasing the growth of the startup culture in the blockchain industry is anticipated to impact the market positively in the coming years. The market for blockchain in media and entertainment is likely to benefit the copyright owners by enhancing transparency in the entertainment industry. It is projected to facilitate revenue generation for the players operating in the market for blockchain in media and entertainment.
One of the primary advantages posed by blockchain in media and entertainment is the effectiveness of the monetization policies. The consumption of paid content is likely to grow over the next few years on account of the adoption of blockchain in media and entertainment industry. The integration of blockchain technology in the industry is also poised to enable micropayment-based pricing models. It is anticipated to increase accurate budget allocations in the industry over the next couple of years. These factors are projected to lead the growth of the blockchain in media and entertainment market in the forthcoming years.
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Market Segmentation:
On the basis of type, the blockchain in media and entertainment market has been segmented into Bitcoin, Ripple, Ethereum, R3 Corda, and Others.
By application, the blockchain in media and entertainment market has been segmented into content security, smart contract, pay, digital advertising, licensing and rights management, online game, and others.
Regional Analysis:
The analysis of the blockchain in media and entertainment market on the basis of regions is also covered in this report. The regional segments assessed are – North America, Europe, China, Japan, Southeast Asia, India, and Central & South America. China’s president has recent endorse blockchain technology. It is anticipated to catapult the blockchain in media and entertainment market in the region on upward trajectory. The technological advancements of the media & entertainment industry in North America are expected to accelerate revenue generation in the market in the region.
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Industry News:
In October 2019, Binance has announced that it will be opening its office in Beijing, China, after the president of the country has endorsed blockchain.
In October 2019, Blockchain Africa Conference has been announced for the year 2020 to be held in Johannesburg, South Africa.
Key Players
The report covers a comprehensive study of the competitive scenario of the Blockchain in Media and Entertainment Market Status and the current trends that are predicted to disrupt the market. It identifies dynamic players of the market, including both the major and emerging players. The report contains the companies in the market share review to offer a more extensive overview of the key market players. Moreover, the report also comprises noteworthy strategic developments of the market such as new product launch, partnerships, agreements, research & development collaborations & joint ventures, acquisitions & mergers, and growth of most important market players on a and regional basis.
IBM Corporation
Microsoft Corporation
SAP SE
Amazon Web Services
Accenture PLC
Oracle Corporation
Infosys Limited
Bitfury USA Inc.
Factom Inc.
GuardTime,AS
Auxesis Group
Nyiax Inc.
MetaX
BTL Group
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