DUBLIN--(BUSINESS WIRE)--The "Blockchain in Media, Advertising, and Entertainment Market by Provider, Application, Enterprise Size, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The report forecasts that the global blockchain in media, advertising, and entertainment market to grow from USD 51.4 million in 2018 to USD 1,000.1 million by 2023, at a Compound Annual Growth Rate (CAGR) of 81.1% during the forecast period.
The increasing adoption of blockchain technology for various applications in the media vertical and the utilization of AI-enabled smartphones are expected to drive the market growth. The lack of regulatory standardization and integration with legacy systems are anticipated to affect the adoption of the blockchain technology, which, in turn, could restrain the market growth.
By providers, the blockchain in media, advertising, and entertainment market is segmented into application, middleware, and infrastructure. Blockchain-enabled applications change the distribution and production of content, help prevent illegal file sharing, and enable transparent rights management for media, advertising, and entertainment market players.
North America is expected to have the largest market size in the global blockchain in media, advertising, and entertainment market by region during the forecast period. The North American region has witnessed increased investments in the market. The US is the largest market for blockchain-based solutions in this region. In North America, the adoption of advanced technologies and digitization are expected to fuel the growth of the blockchain in media, advertising, and entertainment market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Blockchain in Media, Advertising, and Entertainment Market, By Provider
7 Market By Application
8 Blockchain in Media, Advertising, and Entertainment Market, By Enterprise Size
9 Market By Region
10 Competitive Landscape
11 Company Profiles
- Auxesis Group
- Brainbot Technologies
For more information about this report visit https://www.researchandmarkets.com/research/7pf7mf/1_billion?w=4