Explore the World of Wonders
The Media & Entertainment industry is at 'inflection point' now, as digital overtakes the traditional media. The competition is of huge level now in this visual context driven times. The Internet of things has been providing an upper hand to all, targeting clients- & customers-based content or for enhanced brand message delivery. Significantly, according to IBEF, the Media & Entertainment sector is expected to generate Rs.4 lakh crore (US$ 48 billion) annually by 2025 and reach Rs.7.5 lakh crore (US$ 91 billion) by 2030.
Additionally, revenue of the Indian video OTT market that is swamped with players such as Amazon Prime Video, Netflix and Disney+ Hotstar is set to double from $1.8 billion in 2022 to $3.5 billion by 2027. Even, the advertising-based video on demand (AVoD) segment is expected to rise at a CAGR of 24 percent to reach US$ 2.6 billion by 2025. Subsequently, the rapid growth of OTT channels, increased emphasis on animated intellectual property (IP) content and larger investments in VFX by studios has provided animation and VFX studios with opportunities in both domestic and international markets.
While there are different technologies like AR/VR & more, including mediums/ channels to support this evolution in the M&E industry, with huge market growth stats, the industry is set observe positive growth in the future. And, as this vast entertainment and media landscape is growing rapidly than there are many M&E leaders taking it further. Hence, shortlisting the vast list, we have strived to recognize few promising industry leaders who have overpowered the competition and set benchmarks.
Do read to know more about them and share your feedback!
Additionally, revenue of the Indian video OTT market that is swamped with players such as Amazon Prime Video, Netflix and Disney+ Hotstar is set to double from $1.8 billion in 2022 to $3.5 billion by 2027. Even, the advertising-based video on demand (AVoD) segment is expected to rise at a CAGR of 24 percent to reach US$ 2.6 billion by 2025. Subsequently, the rapid growth of OTT channels, increased emphasis on animated intellectual property (IP) content and larger investments in VFX by studios has provided animation and VFX studios with opportunities in both domestic and international markets.
While there are different technologies like AR/VR & more, including mediums/ channels to support this evolution in the M&E industry, with huge market growth stats, the industry is set observe positive growth in the future. And, as this vast entertainment and media landscape is growing rapidly than there are many M&E leaders taking it further. Hence, shortlisting the vast list, we have strived to recognize few promising industry leaders who have overpowered the competition and set benchmarks.
Do read to know more about them and share your feedback!