Latest News- Contenting Market: Retail is expected to lead the End-user segment during 2025-2029
The Contenting Market is being driven by Rise in number of users on social media
The Contenting Market is expected to grow at a CAGR of 13.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 539.3 million. In today's business landscape, digital transformation is a key priority for companies aiming to create interconnected platforms and generate new revenue streams. To gain a competitive edge, industries are investing in real-time solutions, IT infrastructure, and analytical tools. The modern business environment is characterized by an escalating demand for sophisticated Business Intelligence (BI). Artificial Intelligence (AI) has revolutionized content marketing through technological advancements such as virtual agents, chatbots, targeted advertising, suggestive web searches, voice and speech recognition, pattern recognition, machine translation, face recognition, automatic scheduling, and autonomous driving. These AI innovations offer a unified perspective on all business activities and associated data.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on End-user (Retail, Automotive, Financial services, Telecom, Others) Platform (Blogging, Videos, Infographics, Case studies, Others) Objective (Lead generation, Brand awareness, Thought leadership, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Contenting Market Research Report
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In the evolving landscape of marketing, the Content Market plays a pivotal role as Internet users increasingly engage with Enterprises through digital platforms. Traditional channels are being replaced by on-demand streaming and textual, graphical, audio, and video content. Digital transformation necessitates new marketing strategies, involving greater client engagement efforts. IT providers and technology journals offer certified publications and recognized authors to help businesses navigate this shift. Cybersecurity Ventures predicts continued growth in cloud computing, necessitating a focus on digital content creation and cybersecurity. Skills in this area are essential for success.
The global media and entertainment market encompasses enterprises providing goods and services in advertising, broadcasting, cable and satellite, publishing, movies and entertainment, interactive home entertainment, interactive media and services, and gambling sectors. According to Technavio, the global advertising market is determined by the consolidated revenues amassed by device manufacturers and software, services, and solution providers. This market comprises the total expenditures made by businesses towards advertising, marketing, and public relations services across both digital and traditional channels. Notably, digital advertising revenues are not included in this assessment. Factors driving growth in the global advertising market include the transition in media and entertainment consumption patterns, particularly in regions with extensive broadband penetration. This trend involves individuals curating their personal media menus and consuming content at their convenience. Media choices and experiences are increasingly influenced by AI and algorithms that suggest new content.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
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