The entertainment industry is undergoing a transformative evolution, propelled by rapid advancements in technology, shifting consumer preferences, and a heightened demand for highly personalized, immersive experiences. From theme parks and casinos to live sports and theater, companies face the challenge of delivering innovative, real-time entertainment while seizing emerging opportunities..
As companies strive to provide differentiated and engaging experiences, there is an increasing emphasis on optimizing customer experience (CX) to drive brand loyalty and customer satisfaction. Global CX spending in the entertainment sector is expected to reach $12 billion, reflecting the growing investment in solutions that meet evolving consumer expectations. This dynamic shift emphasizes the importance of agility, technological integration, and customer-centric strategies to thrive in an increasingly competitive market.
MarketsandMarkets' foresighting team has pinpointed over 150+ high-impact future markets that represent a staggering $45 - $50 trillion opportunity by 2035. Our industry experts have analysed more than 6,000 markets to uncover the dynamic, fast-growing sectors that will drive profitability over the next decade.
These markets are grouped into 10 key mega-themes, the most important of which are listed below. Each highlights game-changing trends and technologies poised to disrupt business models and intensify competition between new and traditional players.
The Asia-Pacific Micro Mobility market has witnessed significant growth during the past 5 years primarily driven by the need for personal point-to-point mobility as we see an uptick in urbanisation and investments in public transport infrastructure. With an estimated worth of $8 - 10 billion by 2025, the micro mobility market in APAC is seeing an entry of new-age and legacy OEMs introducing bespoke personal mobility solutions with focus on connectivity, vehicle usage experience and seamless integration with other forms of transport.