Amid a global recession, 2020 will see the sharpest fall in global E&M revenue with a decline of 5.6% from 2019 – more than US$120bn in absolute terms. In Singapore, the expected decline is 5.0% from 2019, valued at approximately US$274mn. While the shockwaves from 2020 will continue to ripple through the global economy, forecast shows the industry’s fundamental growth trajectory remains strong.
• Digital revenues to overtake non-digital revenues in Singapore by 2023 • Spend on over-the-top (OTT) video to overtake traditional video segments in Singapore • Consumption is becoming increasingly personalised while also increasingly social
Date
28 August 2018
Contact
Charlene Loke
Tel: +65 8729 0388
E-mail: charlene.hs.loke@sg.pwc.com
Candy Li
Tel: +65 8722 7540
E-mail: candy.yt.li@sg.pwc.com
Follow/
retweet
@PwC_Singapore
Singapore, 28 August 2018 – PwC’s latest survey reveals that 82% of executives surveyed in Singapore (versus 84% globally) report blockchain initiatives underway in thei
Bridging the gap in Mergers and Acquisition, Business Restructuring and Infrastructure
Total worldwide entertainment and media revenues will rise at a CAGR of 5.1% over the coming five years, from US$1.74trn in 2014 to US$2.23trn in 2019, according to PwC’s Global entertainment and media outlook 2015–2019. In Singapore, entertainment, media and media revenues are expected to rise at a CAGR of 5.4% over the next five years, from US$5.2 bn in 2014 to US$6.8bn in 2019.
A new PwC report-Digital advertising in Singapore: mind the gap — finds that there is a significant “media gap” here. Despite Singapore being one of the most digitally connected populations with the highest smartphone penetration (85%) in the world, the level of online advertising is well below international averages. Report suggests four inhibitors hindering the adaptation of online advertising.
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com/sg.
7 Straits View, Marina One, East Tower, Level 12
Singapore 018936 Singapore
Singapore