Base Year
Historical Year
Forecast Year
Value in AUD Billion
2024-2032
Australia Media and Entertainment Market Outlook
*this image is indicative*
Based on type, the Australia media and entertainment market share is driven by streaming media.
There has been a paradigm shift in consumer behaviour towards digital media leading to the increasing adoption of streaming media over other types of media, providing a wide range of streaming options with various genres to cater to the specific preferences of digital media users.
OTT streaming platforms offer accessibility and convenience allowing individuals to access to wide variety of content anywhere, anytime, without any limitations of traditional broadcast schedules which indicates substantial growth in the Australia media and entertainment market.
According to the Australian Bureau of Statistics (ABS), the contribution of the Information, Media, and Telecommunications industry to digital activity in the Australian economy has been estimated to be 31.1% in 2021-22.
The significant growth and developments in consumer preferences for digital media platforms and streaming services have been stimulating the Australia media and entertainment market. From traditional broadcast schedules to interactive gaming, virtual reality and e-sports, music streaming to live streaming has been quickly changing the industry.
As per the Australian Bureau of Statistics, the value of total digital activity in the Australian economy increased by 8.6% in 2021-22.
Australia Media and Entertainment Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Region
Digital media has profoundly impacted the media and entertainment market by revolutionising content creation, distribution, and consumption. Digital platforms enable creators to reach global audiences instantly, allowing niche or independent creators to thrive. Streaming services have transformed how consumers access content, offering on-demand viewing across devices without traditional broadcast schedules. Social media has become integral for promotion, audience engagement, and real-time feedback, shaping content trends and viewer preferences.
The growth of the media and entertainment market is fuelled by increasing changes in consumer preferences and the growing use of digital media and streaming services.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The Australia media and entertainment market was valued at AUD 56.06 Billion in 2023.
The market is projected to grow at a CAGR of 4.58% between 2024 and 2032.
The revenue generated from the market is expected to reach AUD 83.89 Billion in 2032.
Based on the type, the media and entertainment market is bifurcated into quartz watches, mechanical watches, and automatic watches.
Key players in the industry are News Pty Limited, Warner Bros. Entertainment Inc., The Walt Disney Company, FetchTV Pty Ltd., Nine Entertainment Co. Pty Limited, Australian Broadcasting Corporation, and Seven West Media Limited among others.
Based on price range, the media and entertainment market is divided into low-range, mid-range, and luxury.
The different distribution channels in the media and entertainment market include online retail stores and offline retail stores.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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