TechNavio recognizes the following companies as the key players in the Global Digital Content Market: Amazon.com Inc., Apple Inc., Bloomberg L.P., Brightcove Inc., Comcast Corp., Dish Network Corp., Google Inc., Microsoft Corp, Netflix Inc., Ooyala Inc., Reed Elsevier plc, Sony Music Entertainment Inc., Universal Music Group Inc., and Yahoo! Inc.
Commenting on the report, an analyst from TechNavio’s team said: “In the current scenario, an on-going decline in physical distribution spending is being witnessed in the Global market, leading to a negative growth of the Physical Distribution segment; and in turn is restricting the growth of the Global Digital Content market. But with increasing adoption and utilization of mobile devices such as smartphones and tablets, the digital format of distribution is a more preferred mode of accessing content by consumers. Hence, the rapid growth in the Global Digital Content market in being witnessed which is expected to continue during the forecast period. By 2015, the share of the Global Digital Distribution segment is expected to exceed the share of the Physical Distribution segment, thereby enabling a rebound in overall spending on digital content. ”
According to the report, one of the main drivers in the market is the growing number of smartphones and tablets. With the increasing number of smartphones and tablets, the consumption of digital content is increasing exponentially with the growing market. Smartphones account for one-fifth of the overall mobile phones in the world.
Further, the report states that one of the key challenges in this market is the growing privacy concern. Consumers are reluctant to share their personal information online or make online transactions because there is a risk of their personal data being shared by companies that could lead to a lack of privacy and, in worse cases, fraudulent transactions. Moreover, consumers are unaware about how and when their information is being shared.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-digital-content-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Digital Content Market 2012-2016
