Media - Brazil | Statista Market Forecast

In Brazil, revenue in the Media market is projected to reach US$27.61bn in 2024.
The largest market within this market in Brazil is TV & Video, which is estimated to have a market volume of US$15.52bn in 2024.
In a global context, the highest revenue will be generated the United States, with a figure of US$541.20bn in 2024.
Furthermore, in the Media market in Brazil, it is anticipated that 33.65% of total revenues will be generated through digital Media market by 2029.
In Brazil, the media landscape is increasingly dominated by digital platforms, reflecting a significant shift in consumer engagement and content consumption habits.

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.

Traditional media with non-digital revenues from TV, radio, music, print, and video games
Digital media with digital revenues from OTT video, music streaming, video games, digital versions of Newspapers & Magazines with ePapers & eMagazines, and eBooks

Movie theater ticket sales
Public licence fees collected in form of a tax (e.g. income tax in the Nordic countries)
Demo/trial versions
Esports & gaming advertising revenues

The Media market in Brazil has been experiencing significant growth and development in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to the positive trajectory of the industry. Customer preferences in Brazil have shifted towards digital media consumption. With the increasing availability of smartphones and internet access, more Brazilians are accessing media content through online platforms. Streaming services, social media, and online news platforms have gained popularity among consumers. This shift in customer preferences has led to a decline in traditional media channels such as television and print. Trends in the media market in Brazil reflect the global shift towards digitalization. Streaming services like Netflix and Amazon Prime Video have gained a significant market share in Brazil, offering a wide range of content to subscribers. Social media platforms like Facebook, Instagram, and YouTube have also become popular channels for content consumption and advertising. Advertisers have recognized the potential of these platforms to reach a large and engaged audience, leading to increased investments in digital advertising. Local special circumstances in Brazil have also contributed to the development of the media market. Brazil has a large and diverse population, making it an attractive market for media companies. The country's rich cultural heritage and vibrant entertainment industry have also contributed to the demand for media content. Additionally, Brazil has a growing middle class with increasing disposable income, which has fueled consumer spending on media and entertainment. Underlying macroeconomic factors have played a crucial role in the growth of the media market in Brazil. Despite facing economic challenges in recent years, Brazil has seen a gradual recovery and stabilization of its economy. This has created a more favorable business environment for media companies, enabling them to invest in new technologies and expand their operations. Additionally, government initiatives to improve internet infrastructure and promote digital inclusion have further facilitated the growth of the media market. In conclusion, the Media market in Brazil has been developing rapidly due to changing customer preferences, digitalization trends, local special circumstances, and underlying macroeconomic factors. The shift towards digital media consumption, the popularity of streaming services and social media platforms, Brazil's diverse population and cultural heritage, and the country's improving economy have all contributed to the positive trajectory of the industry.

Data coverage:

The data encompasses B2C enterprises. Figures are based on media spending (on traditional media as well as digital media). All monetary figures refer to consumer spending on digital goods or subscriptions in the respective segment. This spending factors in discounts, margins, and taxes.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

Online video streaming has visibly transformed the global media landscape and impacted viewing behavior around the world. Driven by rapid leaps in internet adoption, widespread availability of mobile devices, and the ever-increasing popularity of online video content, the global video streaming market has experienced unprecedented growth in the last decade. In 2023, the over-the-top (OTT) video revenue reached an estimated 288 billion U.S. dollars, with the United States accounting for the largest share of revenue worldwide. Considering that the list of international streaming services and the catalog of online video content continue to expand at a rapid pace, the number of OTT users worldwide is expected to reach new heights in the future.