Significant fluctuations are estimated for all segments over the forecast period for the number of users. The number of users decreases only in the segment Newspapers & Magazines towards the end of the forecast period, while the remaining segments follow a positive trend. The absolute difference between 2019 and 2029 is 8.21 million users.
Data provided by Statista Market Insights are estimates.
Definition:
The media market encompasses a diverse array of platforms and channels that facilitate the creation, distribution, and consumption of content, such as news, entertainment, and information. It includes traditional outlets like television, radio, and print publications, as well as digital platforms like social media, streaming services, and online news websites. This market plays a central role in shaping public discourse, cultural trends, and the dissemination of information on a global scale, making it a critical component of modern society.
Structure:
The market consists of several parts, namely Books, Games, Music, Radio & Podcasts, Newspapers & Magazines and TV & Video. These markets encompass digital and traditional revenues.
Additional Information:
The market comprises revenues, users, average revenue per user, penetration rates and advertising spendings. Revenues are generated through purchases, subscriptions, consumer spending or ad spendings. Key players of the market are companies, such as Netflix, Spotify, Activision or Amazon. Market numbers for all the digital markets can also be found in the Digital Media topic.
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Statista Market Insights. (November 12, 2024). Number of users in the Media market for different segments Nigeria from 2019 to 2029 (in million individuals) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria
Statista Market Insights. "Number of users in the Media market for different segments Nigeria from 2019 to 2029 (in million individuals)." Chart. November 12, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria
Statista Market Insights. (2024). Number of users in the Media market for different segments Nigeria from 2019 to 2029 (in million individuals). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria
Statista Market Insights. "Number of Users in The Media Market for Different Segments Nigeria from 2019 to 2029 (in Million Individuals)." Statista, Statista Inc., 12 Nov 2024, https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria
Statista Market Insights, Number of users in the Media market for different segments Nigeria from 2019 to 2029 (in million individuals) Statista, https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria (last visited November 21, 2024)
Number of users in the Media market for different segments Nigeria from 2019 to 2029 (in million individuals) [Graph], Statista Market Insights, November 12, 2024. [Online]. Available: https://www.statista.com/forecasts/1442999/number-of-users-media-market-for-different-segments-nigeria