Over 50% of video games market revenue spurred by mobile gaming: Fact MR
The global video games market is anticipated to add more three times the value by 2031.
The global video games market is anticipated to add more three times the value by 2031.
The report predicts that OSN will overtake both Shahid VIP and StarzPlay, growing from 945,000 in 2021 to 2.56m by 2026.
Overall, the company grew revenue 45% compared with Q3 of 2020 to $17.022bn, with net income rebounding from the $4.7bn loss in Q3 2020 to a profit of 9223m.
The company's net income came to $672m, or $1.01 for each share, compared with $271m, or 40 cents a share.
The company attributed the ad revenue growth to a 47% increase in the average price per ad.
Alphabet has reported $61.88bn in revenue for Q2, a 62% increase from the previous year, and a net income of $18.52bn.
The study has revealed that 89% of kids in the UAE have a high awareness of climate change.
According to the report, global E&M revenue will grow at a compound annual growth rate (CAGR) of 5.0%, taking industry revenues to US$2.6tn in 2025.
Despite Hollywood’s dominance, the smaller markets in regions such as Latin America, Africa and the Middle East experienced significant growth in 2020.
Globally, women’s soccer has the highest following of any women’s sport – it’s followed by 22% of the world’s public.
The number of cinema screens in Saudi Arabia is expected to grow to 2,500 screens by 2030 from 300 in 2020.
According to Global Entertainment and Media Outlook 2020-24, global digital revenue in 2020 is estimated to for the first time have accounted for more than half of the total entertainment...
Revenues will triple in India and the US where AVOD revenues are set to triple between 2020 and 2026 to $31bn.
The report also noted that satellite TV revenues will drop by $16bn, with digital cable down by $12bn.
SVOD subscriptions in India are expected to almost triple between 2020 and 2026 to 155m, representing 10% of the world’s total.
Online TV platforms will add 63m subscribers between 2020 and 2026 to take its total to 378m.
SVOD revenues are reportedly set to climb by $59bn between 2020 and 2026 to $126bn, with SVOD's total share decreasing slightly from 62% in 2020 to 60% in 2026.
Online SVOD consumer spending revenue is forecast to grow at 15% CAGR over 2020-25 to reach $31.6bn by 2025, representing 40% market share.
Three years since the ban on cinemas was lifted in the kingdom, there are now 34 movie theatres operating in 12 cities across the country.
According to the research, 85.4% of respondents believe new developments in "ad-tech solutions" are making it easier for network service providers in Europe to deploy programmatic advertising initiatives.
The total Asia Pacific (APAC) pay-TV subscriber base grew 3% in 2020 to reach 668m, representing 62% penetration of total TV homes, adjusted for multiple subscriptions in a home.
Online video subscriptions revenue grew by 142% in India in 2020, with SVOD revenues rising from $265m in 2019 to $639m at the end of 2020.
The number of TV homes receiving HD content from 19.2 degrees East also continued to increase to 84%, representing an increase of almost 30% over the past five years.
Revenues for both AVOD and SVOD in APAC will double between 2020 and 2026 to $22bn and $28bn respectively.
The report stated that the growth in digital entertainment helped to offset partially the decrease in the global box office caused by theatre closures during the pandemic.
According to the report by Digital TV Research, India will add 21m and together with China, will have nearly 500m subscribers.
To help companies capitalise on the sudden growth in video, JW surveyed 221 companies including publishers, broadcasters, online learning creators, and other producers of digital video content to understand their...
Four out of five OTT services are keen on investing in acquisition and retention strategies fuelled by the pandemic and market trends.
The study also forecasts an increase of nine million subscribers in South Africa, with Nigeria closing in on 11m subscribers in total.
There will be around 2bn active subscriptions to on-demand video services in 2025, according to a recent report by Juniper Research, an analyst house for the global communications sector. This corresponds to...
Globally, revenue in the home entertainment segment is projected to reach $12.2bn this year, with an expected annual growth rate (CAGR) of 12.1% between 2020-2025.
Akamai also predicted an unprecedented surge in streaming for 2021, with as many as 50m people concurrently streaming a single live event next year.
South Africa (3.24mn by 2025) will remain the subscription leader, with Nigeria (2.14mn) in second place.
The study is based on responses from a total of 422 people, of which 40% were filmmakers, 30% comprised students and 17% included film crew.
SVOD revenues will exceed $1bn in 16 countries by 2025, which is double from eight countries in 2019.
BeIN Sports’ main focus on IGTV included original documentaries, interviews, and reports of more than three minutes in length.
The findings were presented in a detailed report launched today at a virtual media briefing led by Maaz Sheikh, co-founder and CEO of StarzPlay.
From the $16bn additional OTT revenues in 2019, SVOD contributed $12bn.
Around 29% of podcast listeners claim they ‘always listen’ to brand-funded podcasts and over half saying they ‘sometimes’ listen.
Covid-19 is accelerating trends for mobile as the report finds consumers are spending double the amount of time watching the mobile video as they do with TV.
Half of the broadcasters, however, anticipate network issues to be 5G’s biggest challenge.
By 2025, 291m SVOD subscriptions will come directly to SVOD platforms via mobile apps.
The news channel’s global monthly brand reach, both on TV and digital, peaked at a record 149.6m in Q1 of 2020.
Newly adapted digital strategy in light of Covid-19 led to more followers on Fatafeat’s digital platforms.
The media network had more than 4.56bn views in May 2020.
Comparitech’s individual country statistics show that Netflix now has over 300,000 subscribers in the UAE.
The top 50 operators accounted for 46% of the world’s pay-TV subscribers by the end of 2019.
89% of sports fans subscribe to a pay-TV or OTT service, yet 51% watch pirate sports services at least once a month.
People aged between 25 and 54 spend nearly eight hours listening each week, according to the report.
The decline comes despite the number of global pay-TV subscribers rising by 35m between 2019 and 2025.
Tubular Labs’ top five currently comprises The Walt Disney Company, ViacomCBS, Comcast, WarnerMedia and TheSoul Publishing.
Service providers are continuing to charge end users the regional sports network fees, even though live sporting events have been cancelled.
Middle East’s first-ever report into the podcast landscape of KSA is due to be released in May 2020.
While a boom in media rights for eSports was expected, the coronavirus outbreak may see the value of these rights jump significantly, the analyst said.
China and India together will account for 80% of the region’s 676m pay-TV subscribers by 2025.
The US was followed by China (17%), Germany (4%), and the United Kingdom (4%) for the same time period, according to the research.
When comparing key radio listening metrics by nationality, Indians have the highest time spent listening at eight hours and 35 minutes weekly, followed closely by Expat Arabs with eight hours...
With a total of 140 cinema facilities in 30 malls across the Kingdom of Saudi Arabia is set to create more than 5,314 job opportunities.
The ongoing shift to OTT is creating value for companies throughout the video value chain, including pay-TV operators, the report said.
This, according to the latest report, will be $2.1bn more or triple the total revenue in 2019.
