Report overview
Blockchain is a digital immutable, secure, encrypted, and distributed ledger for recording real-time transactions. The first blockchain transaction ledger was introduced in 2009, to serve as a public transaction ledger for cryptocurrency Bitcoin, which is now poised to revolutionize the media and entertainment industry. Digitalization across the media and entertainment industry has caused a massive expansion in the way media and entertainment services are accessed by the consumers. Blockchain technology has the potential to transform several processes within the media and entertainment industry for content security, license & rights management, digital advertising, and royalty distribution. Blockchain allows secure and resilient data transactions and consists of a peer-to-peer network, a distributed ledger for recording the transactions, and a consensus mechanism to validate the transactions. This distributed ledger of blockchain offers visibility, traceability, and transparency to the media and entertainment companies and the supply chain trade partners. The technology has immense potential to reinvent business functions and facilitate secured transactions across the media industry. The media and entertainment industry has mostly been a contract-based business. Smart contracts built on blockchain enables counterparties to automate transactions, resulting in fast, accurate, and cost-effective contract management across the media and entertainment industry. With the help of blockchain technology, media and advertising enterprises are able to eliminate fraud, reduce costs, and increase transparency within critical and time-consuming business processes. Further, blockchain technology helps the media and entertainment companies to effectively protect Intellectual Property (IP) rights of content such as music records.
This report aims to provide a comprehensive presentation of the global market for Blockchain in Media and Entertainment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blockchain in Media and Entertainment. This report contains market size and forecasts of Blockchain in Media and Entertainment in global, including the following market information:
Global Blockchain in Media and Entertainment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Blockchain in Media and Entertainment market was valued at US$ 480.4 million in 2022 and is projected to reach US$ 1520.8 million by 2029, at a CAGR of 17.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Bitcoin Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Blockchain in Media and Entertainment include IBM Corporation, Microsoft Corporation, SAP SE, Amazon Web Services, Accenture PLC, Oracle Corporation, Infosys Limited, Bitfury USA Inc. and Factom Inc., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Blockchain in Media and Entertainment companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Blockchain in Media and Entertainment Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Blockchain in Media and Entertainment Market Segment Percentages, by Type, 2022 (%)
Bitcoin
Ripple
Ethereum
R3 Corda
Other
Global Blockchain in Media and Entertainment Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Blockchain in Media and Entertainment Market Segment Percentages, by Application, 2022 (%)
Content Security
Licensing and Rights Management
Smart Contract
Pay
Digital Advertising
Online Game
Other
Global Blockchain in Media and Entertainment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Blockchain in Media and Entertainment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Blockchain in Media and Entertainment revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Blockchain in Media and Entertainment revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
IBM Corporation
Microsoft Corporation
SAP SE
Amazon Web Services
Accenture PLC
Oracle Corporation
Infosys Limited
Bitfury USA Inc.
Factom Inc.
GuardTime,AS
Auxesis Group
Nyiax Inc.
MetaX
BTL Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Blockchain in Media and Entertainment, market overview.
Chapter 2: Global Blockchain in Media and Entertainment market size in revenue.
Chapter 3: Detailed analysis of Blockchain in Media and Entertainment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Blockchain in Media and Entertainment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
