Total spending will rise at a compound annual growth rate (CAGR) of 4.4% over the next five years, but with sharp differences among industry segments and sectors within them and across territories. (Source)
The fastest growth will be in digitally driven segments, with virtual reality leading the way, followed by over-the-top content (OTT).
E-sports will be the second fastest-growing segment if it were separated from the overall Video games and e-sports segment.
By contrast, newspapers and magazines will see declines in revenues to 2022.
Global Entertainment & Media Outlook 2018–2022 (Source)
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According to McKinsey Global Institute, widespread adoption of Big Data Analytics could increase GDP of manufacturers and retailers by $325b, by 2020.
For 2020, the installed base of Internet of Things devices is forecast to grow to almost 31 billion worldwide. By 2020, there will be 50 billion+ connected devices
A recent Gartner survey showed that 59% of organizations are still gathering information to build their AI strategies, while the remainder have already made progress
Global spending on the business intelligence (BI) and analytics software is forecast to reach $22.8 billion by 2020 if it continues the present CAGR of 7.5%