— Forecast For The Mobile Entertainment Market —
The mobile market is stated as one of the fastest growing
trends in the entertainment and gaming industry. Because of consumer demand and the advances
in technology, the mobile market is seen as the next step for all industry
markets. When we analyze the other markets we see that the mobile trends are
what consumers are buying into and utilizing to conduct business and
entertainment. The article, Mobile
Entertainment Market – Global Industry Size, Market Share, Trends, Analysis,
And Forecasts 2012 – 2018, states that, “Mobile gambling and social media are the fastest growing
segments of the mobile entertainment industry.” This further explains the
affect and influence mobile trends have on the industry. The article gives
facts on gross earnings that are predicted in the year 2015 where the
entertainment industry will earn an unconceivable amount of funds through
streaming, video, games, and social media. The article states that due to
consumer habits and the increase attention towards mobile devices that the
entertainment industry would benefit in the years to come. Major brands and
companies will begin to invest heavily in any area of entertainment that
involves mobile devices such as: “mobile music, mobile gaming, mobile
personalization, mobile content, and other premium content” (2012, Business
Research Industry).
Today
mobile music is the leading niche that drives consumer spending in the
entertainment industry and will continue you to be in the years to come. Since
Apple, Inc. created the iPod, iPhone, and iPad, music downloads and, or Apps that
are utilized to access music software have been the leading driving force. The
article also states that because of this presence of mobile technology
companies would not only benefit from consumer purchase, but app-advertising as
well. There will be great demand for graphic and web designers, SEO
development, and services that work through social media. This is because with
the use of mobile devices, companies will be using more non-traditional methods
of advertising. Some of the major key players in the entertainment industry
that have already fully engaged in the usages of mobile devices are: Apple, AT & T, Android,
Blackberry, Motorola Droid, and Vodafone just to name a few. These major
companies have not only lead how entertainment is distributed to consumers, but
have also altered and changed the consumer purchasing habit. This change in
consumer purchasing habits is what will drive the entertainment industry to
earning a “USD 54 billion over the year 2015” (2012, Business Research
Industry).
Work Cited:
Business Research Industry, (2012).
Mobile Entertainment Market – Global Industry Size, Market
Share, Trends, Analysis, And Forecasts 2012 – 2018. Retrieved June 12, 2012 from, http://www.businessresearchindustry.com/mobile-entertainment-market-global-industry-size-market-share-trends-analysis-and-forecasts-2012-2018/



