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Global Blockchain in Media, Advertising & Entertainment Market to Be Valued At $6.1 Billion

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Global Blockchain in Media, Advertising & Entertainment Market to Be Valued At $6.1 Billion

Global Industry Analysts Inc (GIA) has published a new market report called “Blockchain in Media, Advertising, and Entertainment – Global Market Trajectory & Analytics“, which offers perspectives on opportunities and challenges in a rapidly developing marketplace.

The global market for Blockchain in Media, Advertising, and Entertainment is estimated to be valued at $195.9 million in 2020. In addition, this number is expected to reach $6.1 billion by 2026.

The US market is estimated to be valued at $102.3 million in 2021, while China could reach $850.3 million by 2026.

Other notable geographic markets include Japan and Canada, which are expected to grow at 69% and 65% respectively over the analysis period. Among the European nations, Germany shows high potential as it is forecast to grow at roughly 51.6% CAGR.

Looking at the global Infrastructure Providers segment, it is predicted to reach $1.5 billion by the year of 2026.

The combined market of China, Japan, and countries from North America and Europe for the Infrastructure Providers segment is valued at $37 million in 2020, and will reach a projected size of $1.8 billion by the end of the analysis period — with China taking the lead in terms of market growth.

The post Global Blockchain in Media, Advertising & Entertainment Market to Be Valued At $6.1 Billion appeared first on SuperCryptoNews.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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