Industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- The digital media market consists of revenues generated by legal downloads or streaming of media content, including music, video, and books.
- The Italian Digital Media market had total revenues of $625.5m in 2018, representing a compound annual growth rate (CAGR) of 32.8% between 2014 and 2018.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 9.8% for the five-year period 2018 - 2023, which is expected to drive the market to a value of $999.4m by the end of 2023.
- While digital sales remain significant, streaming has come to dominate the market.