According to Futuresource Consulting, global spending on consumer entertainment content (video, games and music) remains on the up-- and is set to reach $439 billion by 2021, a 17% increase from 2017.
"As expected, TV and Video account for the lion's share of this consumer spend," the analyst says. "However, music has enjoyed a resurgence in recent years and continued innovations within gaming means that both markets are impacting on consumers' spending habits, with smartphones a key facilitator of this tearing up of the entertainment market rulebook."