Global media inflation rates are projected to vary significantly across different mediums in 2025, with online video leading at *** percent and radio at just *** percent. This reflects the ongoing shift in media consumption patterns and advertising spend. The data highlights the resilience of digital platforms and the challenges faced by traditional print media in an increasingly digital landscape. Digital dominance and traditional media's struggle The disparity in inflation rates across media types underscores the growing divide between digital and traditional platforms. In 2023, online media worldwide experienced an inflation rate of *** percent, more than double that of offline media at *** percent. This trend is expected to continue in 2024, with online video and display maintaining higher inflation rates compared to newspapers and magazines. The shift is further evidenced by global media consumption patterns, with users spending an average of ***** hours and ** minutes daily on mobile devices in 2024. Industry leaders and market dynamics The changing media landscape is reflected in the revenue rankings of top media companies. In 2023, tech giants Alphabet Inc. and Meta Platforms Inc. led the pack, followed by traditional media conglomerates like Comcast Corporation and Walt Disney. This hierarchy illustrates the growing influence of digital platforms in the media industry. The United States remains a crucial market for these companies, with American consumers spending an average of over ** hours daily consuming major media. As the global entertainment and media market continues to expand, and projections suggest it could reach a value of *** trillion U.S. dollars by 2027, driven largely by the continued growth of digital platforms.

Consumer electronics producers have endured moderate volatility in recent years. Producers have somewhat benefited from shifts in consumer behavior, with the growing popularity of entertainment in audio form, like podcasts, driving demand for new audio equipment. Similarly, smart TVs have become more popular amid the fast adoption of streaming services, as many of these have streaming apps integrated into their software. Manufacturers developing products that adapt to changing consumer needs and preferences have protected producers from sharper losses. However, during this time, heightened macroeconomic instability, including elevated inflation, interest rates and consumer uncertainty, contributed to drastic revenue losses as the discretionary nature of new electronics pushed consumers to postpone or cancel nonessential purchases. Other factors like supply chain disruptions, climbing input prices and protectionist policies have pushed electronic prices higher, making them less appealing to increasingly price-conscious buyers. Competing with the two largest producers of consumer electronics, Foxconn and Samsung, is proving to be increasingly challenging, mainly as Apple and Samsung smartphones are widely popular among consumers worldwide. However, the industry remains highly competitive, particularly in generic electronics production, including more affordable headphones and other equipment. Technological innovations in recent years have focused on improving existing features rather than introducing new ones, making improvements less noticeable and replacement purchases less attractive to buyers. Despite this, producers must allocate more resources toward research and development efforts, driving wages up and squeezing profit. These trends will cause revenue to drop at an estimated CAGR of 5.2% to 1.1 trillion through the end of 2024 despite a 2.3% jump that year alone. Improving macroeconomic conditions over the coming years is set to support electronics manufacturers. Stabilizing global factors like cooling inflation and economic growth, particularly in developed countries, will contribute to growing demand for new electronics. Governments will continue to incentivize the domestic production of inputs like semiconductors, diversifying the distribution of suppliers and directly impacting the consumer electronics supply chain. Competition will continue to ramp up in countries with low smartphone penetration. Rising socio-political tensions and the possible trade war between the United States and other countries threaten growth. Current trends are set to make revenue climb at an estimated CAGR of 3.1% through the end of 2029 to $1.3 trillion.