The global entertainment & media market is expected to reach USD 5,099.2 million by 2030.
The entertainment business vertical of Askenter under the umbrella of Kahlon Motion Pictures Pvt Ltd. broadly encompasses all industries involved in creating, producing, and distributing entertainment content to consumers. It includes a wide range of sectors such as film, television, music, and live events. We see a massive scope for growth in the creativity and content sector with space for constant improvement. The global entertainment & media market is expected to reach USD 5,099.2 million by 2030. The growing popularity of video games and e-sports and the rapid adoption of smartphones, artificial intelligence, stronger piracy policies all collectively contribute towards the industry’s growth.
The Future Is Digital
As per Market Research Future, the Indian media and entertainment industry is among the fastest growing media industries in the world and is projected to reach $100 billion by 2030.
The audience today is looking for engaging content that is backed with research and innovation. Moveover there is a diversification of languages and cultures. This is clearly capitalised upon by streaming channels and digital platforms. With more and more bend towards digitisation and an appreciation for entertainment we only foresee this sector growing beyond all boundaries. In fact, the Indian media and entertainment industry is among the fastest growing media industries in the world and is projected to reach $100 billion by 2030.
Besides increasing the demand for managers, agents, producers and distributors, we also aim to fill in the gap in creative roles of artists, performers, writers, musicians and talented technicians. We aim to also collaborate with established and upcoming media houses and extend our resources and capital.