The revenue in the media market in Colombia was forecast to continuously increase between 2024 and 2029 by in total 0.7 billion U.S. dollars (+14.23 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 5.63 billion U.S. dollars and therefore a new peak in 2029.
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. (August 19, 2024). Revenue in the media market in Colombia from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1398070/revenue-media-market-colombia/
Statista. "Revenue in the media market in Colombia from 2019 to 2029 (in billion U.S. dollars)." Chart. August 19, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1398070/revenue-media-market-colombia/
Statista. (2024). Revenue in the media market in Colombia from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1398070/revenue-media-market-colombia/
Statista. "Revenue in The Media Market in Colombia from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Aug 2024, https://www.statista.com/statistics/1398070/revenue-media-market-colombia/
Statista, Revenue in the media market in Colombia from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1398070/revenue-media-market-colombia/ (last visited August 25, 2024)
Revenue in the media market in Colombia from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista, August 19, 2024. [Online]. Available: https://www.statista.com/statistics/1398070/revenue-media-market-colombia/