PUBLISHER: Mordor Intelligence | PRODUCT CODE: 2123402
PUBLISHER: Mordor Intelligence | PRODUCT CODE: 2123402
According to Mordor Intelligence, the media and entertainment market size stood at USD 3.12 trillion in 2026 and is projected to reach USD 3.78 trillion by 2031, reflecting a 3.93% CAGR over the forecast period.

This report is Segmented by Type (Print Media, Digital Media, Streaming Media, Video Games and ESports, and More), Revenue Model (Advertising, Subscription, and More), Device Platform (Smartphones and Tablets, Smart TVs and Set-Top Boxes, Pcs and Laptops, Gaming Consoles, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
Asia-Pacific crossed 1.7 billion 5G connections in 2025, lowering latency below 20 milliseconds and turning mobile into the primary screen for video. Indian operators bundled unlimited streaming in low-cost data plans, lifting regional-language short-video apps to 40% of daily active users. Hyper-localized creators bypassed traditional gatekeepers, while programmatic mobile video ad spend reached USD 28 billion in 2025, a 35% jump year over year. Affordable 5G devices priced under USD 200 opened tier-2 and tier-3 cities where fixed broadband penetration lags, providing new runways for the media and entertainment market.
United States connected-TV outlays hit USD 26.6 billion in 2025, with retail and CPG supplying 38% of incremental dollars as first-party purchase data drove conversion rates three to five times above linear TV. Netflix, Disney+, and Amazon launched ad tiers, adding 60% more premium inventory and letting brands reach cord-cutters at household level. Cross-platform measurement standards from the Joint Industry Committee calmed attribution concerns, shifting budgets structurally toward connected-TV.
The Digital Services Act forced explicit opt-in consent, cutting addressable video audiences 15-20% and driving compliance costs such as Meta's EUR 500 million (USD 565 million) annual spend. Lower consent rates in Germany and France dampen conversion efficiency, pushing advertisers toward contextual targeting that delivers weaker returns and slowing media and entertainment market revenue expansion in Europe.
Other drivers and restraints analyzed in the detailed report include:
For complete list of drivers and restraints, kindly check the Table Of Contents.
Streaming posted the fastest 4.77% CAGR, while digital media retained 52.54% of revenue share in 2025. Print continued its slide as mobile-first news apps ate into circulation, while video games and esports delivered double-digit mobile revenue in Asia-Pacific. Virtual reality accounted for less than 2% of the media and entertainment market despite USD 15 billion in investments from Meta, Apple, and Sony. Podcast ad revenue exceeded USD 2.5 billion in 2025, underscoring advertiser appetite for high-engagement audio.
The media and entertainment market for streaming is poised to expand as on-demand formats align with younger audiences, while legacy television grapples with an aging audience. Subscription fatigue is steering cost-conscious households toward ad-supported tiers, and high-end franchises migrate from pay-per-view to bundled offerings, pressuring transactional models but bolstering stickiness for hybrid platforms.
North America retained 39.87% media and entertainment market share in 2025, buoyed by USD 26.6 billion connected-TV ads and subscription penetration exceeding three-quarters of broadband homes. However, saturation is constraining net additions, and regulators are scrutinizing data-privacy practices. Mexico is a bright spot as 5G expands, while password-sharing crackdowns lifted U.S. paid subscriber counts.
Asia-Pacific is on a 5.03% CAGR path, driven by India's 300 million 5G users, China's USD 45 billion mobile-gaming haul, and Southeast Asia's rising middle class. Domestic Chinese platforms dominate via localized content and social integration, whereas foreign entrants face ownership caps. Japan and South Korea boast high per-capita spend, and Australia mirrors U.S. dynamics but on a smaller scale.
Europe posts steady progress powered by FAST channel uptake, yet the Digital Services Act and Digital Markets Act weigh on targeted ad returns. The United Kingdom, Germany, and France top revenue ranks, though Poland and Romania deliver faster growth from lower bases. South America, led by Brazil's 80 million OTT subscribers, benefits from telco bundles and local originals. The Middle East and Africa lag in payment infrastructure, yet AI dubbing and mobile money are lowering barriers, with Saudi Arabia's Vision 2030 accelerating digital entertainment investment.