
The entertainment industry benefited significantly from a surge in demand for digital entertainment during the pandemic. But this trend slowed when the economy reopened, and consumers returned to theaters and in-person entertainment.
However, with the advancement in mobile, video, and wireless technologies, the demand for digital entertainment is growing and is likely to continue to bolster the sector’s growth. In addition, the global entertainment and media market is projected to grow at a CAGR of 5.9% from 2022 to 2028.