1.3.1 Market Status
In recent years, driven by technological advancements and shifts in consumer preferences, the global online entertainment market has experienced unprecedented growth.
According to a Research and Markets report, the global online entertainment market has grown at a compound annual growth rate (CAGR) of 10.4% since 2018, reaching nearly $88.7 billion in 2023.
Research and Markets predicts that based on current growth trends, the global online entertainment market will grow from $88.7 billion in 2023 to $151.9 billion in 2028, with a growth rate of 11.4%, and continue to grow at a CAGR of 10.7% from 2028, reaching $252.6 billion in 2033.
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