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The Biggest Entertainment Industry 2022

The biggest entertainment industry of the future is likely to include streaming services, such as Netflix. As more people are spending time on digital media, the demand for streaming services will increase. In fact, the world’s digital media market will grow by 45 percent between 2021 and 2028, according to estimates. There will also be an increase in regional streaming services. The U.S. media and entertainment industry is already worth $717 billion. The industry includes motion pictures, television shows, commercials, music, book publishing, and other ancillary services.

The media and entertainment industry has been undergoing significant changes over the past decade, and this year is no exception. Streaming, advertising, and live entertainment will contribute to the strong revenue growth in the industry. But there are also some potential risks for investors. Despite the positive outlook for the sector, investors should watch out for the inevitable box office duds. In other words, 2022 is a good time to invest in movie studios.

Gaming is an increasingly popular way to spend time. Today, consumers have multiple gaming devices. In fact, gaming accounts for nearly a third of the M&E industry in the U.S. alone. In addition to online and offline games, consumers are increasingly turning to virtual reality and augmented reality. Electronic sports are also growing rapidly, including e-sports and professional gaming. Although the future of this industry is uncertain, there are a few trends that will continue to drive it.

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