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
Contacts
Natalie Choo
Mobile: +65 8722 7545
E-mail: natalie.yl.choo@sg.pwc.com
Regina Yeo
Mobile: +65 9661 9486
E-mail: regina.yeo@accaglobal.com
Singapore, 24 April 2019 – In today’s digital and connected world, exciting new technologies such as Artificial Intelligence (AI) and blockchain are turning many heads. But if an organisation
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
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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
Date
6 June 2018
Contact
Charlene Loke
Tel: +65 8729 0388
E-mail: charlene.hs.loke@sg.pwc.com
Natalie Choo
Tel: +65 8722 7545
E-mail: natalie.yl.choo@sg.pwc.com
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@PwC_Singapore
Singapore, 6 June 2018 –Total global spending on entertainment and media will rise at a compound annual growth rate (CAGR) of 4.4% over the next five years, f
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.