amazing growth of indian entertainment & media – the reel story | an aranca infographic
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Registering an amazing 11.8% growth rate, the Indian entertainment and media industry grew to reach 14.8 billion USD. The big contributing factors are rapid digitization, growth of regional media, healthy film sector and opening up of new media businesses.TRANSCRIPT
The Reel storyThe Indian entertainment and media industry zooms past
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The Indian Entertainment and Media Industry registered a 11.8% growth in 2013 to reach $14.8 billion
Driven by continued growth of regional media, digitization, pan India mega events such as general elections and IPL, and continued diversification and penetration of films, the industry achieved 11.8% growth in 2013.
Television continues to be the dominant segment, contributing 45% to the overall
industry value.
In the light of continued economic slowdown, the advertising spend across media saw a 10% growth in 2013 to touch $5.8 billion, with Print at 45% continuing to be the largest beneficiary.
CAGR (2008–13): 9.6%
Entertainment and Media Industry Size in $Billion, 2008–13
Industry Size by Segments, 2013
Industry Advertising Revenue by Segments, 2013
9.3
2008
9.5
2009
10.5
2010
11.7
2011
13.2
2012
14.8
2013
Source: Federation of Indian Chambers of Commerce and Industry (FICCI)
Source: Federation of Indian Chambers of Commerce and Industry (FICCI)
Source: Federation of Indian Chambers of Commerce and Industry (FICCI)
45%
45%
38%
8%5%4%
25%3%
2%
2%
2%
1%
14%
4%
Music
Radio
Radio
Out of Home
Out of Home
Gaming
Digital Advertising
Digital
Advertising
Animation & VFX
Films
TV
TV
$14.8 billion
$5.8 billion
Compiled by: Rijuta Karalkar
However, new media sectors, such as animation & VFX, films and music on the back of strong content and digitization, radio with growth anticipated post the rollout of Phase 3 licensing, are expected to record strong growth.