Lily Desouza09 Jun, 2025Business
The market is assessed to grow at a CAGR of around 10.89%, during the forecast period of 2025-2032 to attain a value of around USD 1421.21 billion in 2032. The market is developing swiftly owing to Vision 2030's digital transformation objectives, mounting internet penetration, and smartphone adoption. Nature of entertainment has transformed in line with the expansion of live-streaming services, advertising-based video-on-demand (AVOD), and subscription-based video-on-demand (SVOD). Large enterprises, such as Netflix, StarzPlay, Shahid, Amazon Prime Video, and OSN+ are increasing their footprint in the country by offering premium & locally relevant content.
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