The AI in Media & Entertainment Market, a dynamic and innovative sector, exhibited remarkable growth in 2021, with a market size of US$ 10.4 Billion. As we move forward into the digital age, the AI in Media & Entertainment sector is poised for exponential expansion.
Forecasts indicate a striking compound annual growth rate (CAGR) of 26% from 2022 to 2032, eventually reaching a staggering US$ 132.16 Billion. In 2022 alone, the market is expected to reach US$ 13.1 Billion, signifying a year-on-year (Y-o-Y) growth of 26% compared to 2021.
Source: Future Market Insights Blog (FMIBlog)
