Digital Media Market Size Is Projected To Reach USD 1,902.28 Billion By 2030
San Francisco, 27 Aug 2024: The Report Digital Media Market Size, Share & Trends Analysis Report By Content Type (Video, Audio), By Platform (Smartphone, Television), By Application, By Industry Vertical, By Region, And Segment Forecasts, 2024 - 2030 The global digital media market size is expected to reach USD 1,902.28 billion by 2030 and is anticipated to grow at a CAGR of 12.8% from 2024 to 2030, according to a new study by Grand View Research, Inc. Increasing internet penetration and rising smartphone usage have fueled the demand for digital content, further driving the market expansion. The proliferation of high-speed internet and the widespread adoption of smartphones have made digital media more accessible than ever before. In addition, the rise of social media platforms has revolutionized content consumption, providing users with personalized and engaging experiences. Moreover, advancements in artificial intelligence and machine learning are enabling content creators t