Media & Entertainment

Format: 2017-02-21
Format: 2017-02-21
December 15, 2016 | 64 Pages | SKU: IRTNTR11156

Overview of the global speaker market

The global speaker market is anticipated to grow rapidly and will post a CAGR of close to 20% during the forecast period. According to the industry research report, the increasing preference for wireless streaming of audio content will drive the growth prospects for the global speaker market during the forecast period. One of the major factors responsible for the increasing sales of wireless speakers on a global level is the ability of speakers to stream audio content without wires easily. Moreover, wireless speakers do not use any wiring and consume less space when compared to home theater systems. It has been noted that these speakers also offer portability and come in various sizes and designs to suit consumer preference and requirements. Furthermore, a multitude of consumers are drawn to portable devices such as laptops, smartphones, tablets equipped with Wi-Fi and Bluetooth connectivity since these devices enable users to stream content wirelessly.

In terms of geography, the Americas accounted for the maximum market share during 2015 due to increased per capita income of the population in the US and South American countries. In addition, the growth of the market in the region is also heavily influenced by the rising adoption of wireless speakers. Moreover, countries such as Brazil and Mexico are witnessing an increasing demand for speakers due to the growing number of music streaming services. Also, the share of this segment is likely to decline during the forecast period as the market in the Americas, especially North America, is likely to reach the maturity stage between 2017-2018. However, since the region is the highest adopter of consumer electronics across the globe, it will continue to dominate the market.

Competitive landscape and key vendors

The global speaker market is highly diversified and competitive due to the

December 14, 2016 | 70 Pages | SKU: IRTNTR11138

Overview of the global ticket market

Technavio’s market research analyst predicts the global ticket market to grow at a CAGR of more than 6% during the forecast period. One of the major factors contributing to the growth of the global ticket market is the increase in the number of digital movie screens across the globe. The availability of movies from different geographies, languages, and genre coupled with the rise in disposable income are major factors that prompt people to go to movie theaters. With more consumers willing to spend on entertainment, the investments for setting up new digital movie theaters that provide an exceptional movie experience have increased. Such increasing number of theater screens will directly contribute to the growth of the global ticket market in the coming years. One of the upcoming trends gaining traction in the market is the growing sales of mobile tickets. Mobile tickets enable users to choose the event and venue using the app. With the help of mobile tickets, individuals can book tickets at their convenience and store them in their devices.

Geographically, APAC is anticipated to be the highest revenue generating region in the global ticket market. Factors such as the growing box office market and the rising number of concerts and live events are likely to contribute to the market revenue in the region. Also, with the surging interest of people in movies in several APAC nations, such as China and India, the ticket market by movies will witness high growth over the forecast period.

Competitive landscape and key vendors

The global ticket market is extremely competitive and characterized

December 14, 2016 | 69 Pages | SKU: IRTNTR11131

Overview of the global mobile wallet market

Market research analysts at Technavio predict that the global mobile wallet market will grow steadily during the next four years and post an impressive CAGR of more than 35% by 2021. This market research analysis identifies the increased use of m-commerce as one of the primary growth factors for the phone wallet market. The constantly rising number of smartphones across the globe and high internet penetration have resulted in the increased popularity of m-commerce among consumers. In addition to offering easy access to a variety of products even from remote locations, m-commerce also offers flexibility and easy payment services to customers. This enhances the brand recall value and benefits for vendors in the long-term. As a result, there will be an increased adoption of mobile phone wallets among m-commerce companies, which will drive the growth of the market in the coming years.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the market by the end of the forecast period. Though EMEA currently accounts for the major market shares, factors such as the increasing penetration of smartphones and mobile internet, the rise in usage of mobile devices in developed countries such as Australia, Hong Kong, and Singapore, and the increased adoption of mobile wallet technology in the developing countries such as India and China will augment the market’s growth prospects in this region.

Competitive landscape and key vendors

The market is marked by the presence of a number of international and regional players and is highly competitive. The growth of mobile wallet companies

December 09, 2016 | 66 Pages | SKU: IRTNTR11075

Overview of the global underwater camera market

The global underwater camera market is anticipated to grow rapidly and will post a CAGR of close to 20% during the forecast period. The growing popularity of social networking sites will drive the growth prospects for the global underwater camera market for the next four years. With the populace's increasing preference for sharing photos and videos over networking sites, the demand for underwater cameras is rapidly growing. Factors such as advancements in technology and rising popularity of online photo communities, digital photography becomes more and more accessible to consumers. Also, with the increasing availability of editing tools in cameras, the customer’s interaction with various brands is preferentially changing. Another factor responsible for the growing demand of underwater cameras is the availability of smart action underwater cameras that allow a user to share photos and videos instantly on social networking sites and platforms. It has been noted that more than 900 billion photographs were taken worldwide in 2015, and over 10% of those images were uploaded on social media networks.

In terms of geography, the Americas accounts for the maximum market share in 2016 and will continue to dominate the market for the next few years. One of the major factors responsible for the market’s growth is the increasing awareness of underwater cameras among consumers in the region. Other factors contributing growth to this market include high disposable income and a rise in the number of diving destinations in the region. Also, it has been noted that a high number of adventure enthusiasts and adventure destinations are based in North America. During the forecast period, the underwater camera market in this region is likely to

December 09, 2016 | 73 Pages | SKU: IRTNTR11076

Overview of the global casino gaming market

Technavio’s market research analyst predicts that the global casino gaming market will grow at a CAGR of almost 8% by 2021.  Casinos are one of the major revenue-contributing segments in the global gambling market. The easing of gambling regulations across the globe has opened up several opportunities for gamblers to participate in casino gaming in any part of the world through online platforms. Several governments are also expected to ease regulations in countries such as the US, which has a huge potential for growth. Online casino gaming is one of the fastest-growing segments in the market. Online casinos provide high security for users, who have to go through multiple levels of verification before playing games online. Moreover, many countries are legalizing online gambling, which will lead to the exponential growth of the casino gaming market during the forecast period.

The casino gaming market has several types of games such as spread betting, treasures, money line bets, and parlays for various price ranges, where rewards are primarily given in the form of physical goods as well as monetary benefits. Several vendors in the market have introduced the use of online real cash transactions and virtual money to minimize the risks related to cash and enable the prize amount to be distributed as virtual currency. This virtual currency can then be used to play other games or redeemed for cash. Such initiatives also help vendors to track the spending history of customers and create customized marketing plans.

Competitive landscape and key vendors

The global casino gaming

November 29, 2016 | 76 Pages | SKU: IRTNTR10962

Global market overview for selfie sticks

According to Technavio’s market research analyst, the global selfie stick market will grow at an impressive CAGR of over 26% by 2020. The recent increase in tourism and business travels will lead to the strong growth of this market during the forecast period. It has been observed that the tourism industry across the globe is growing on a yearly basis due to high spending capability of individuals and low flight fares. In 2015, overall tourism increased by more than 4% year-over-year. Similarly, business travels also increased by more than 6% in 2015 and will also play a huge part in the growth of the tourism industry. This recent increase in the number of solo trips has fostered the demand for selfie sticks as it helps tourists take their pictures at different locations. The use of selfie sticks is not just limited to people traveling alone, but also includes people traveling in groups or with their families.

Another key factor that is responsible for this market’s growth is the advent of selfie sticks with studio effects in the market. In May 2016, Thinkmodo, a US-based advertising firm that offers its clients viral marketing, created a selfie stick with a built-in fan to give users a windswept appearance and beauty lights to recreate studio effect. This stick was created as a viral campaign for the show UnREAL on Lifetime channel, which is not commercially available as of 2016. However, its developers have shown an interest for mass production of an automated selfie stick in case of high demand.

Competitive landscape and key vendors

This market is highly fragmented and does not have any clear market leader. Most of the manufacturers are based out of China and compete on the basis of pricing. However, due to this price war, the quality of selfie