Global News Syndicates Market to Reach US$14.6 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for News Syndicates estimated at US$11.5 Billion in the year 2020, is projected to reach a revised size of US$14.6 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.
The U.S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 5.8% CAGR for the Period of 2020-2027
The News Syndicates market in the U.S. is estimated at US$3.3 Billion in the year 2020. The country currently accounts for a 28.88% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.5 Billion in the year 2027 trailing a CAGR of 5.8% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR while Rest of European market (as defined in the study) will reach US$2.5 Billion by the year 2027.We bring years of research experience to this 8th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- 21st Century Fox, Inc.
- A&E Television Networks, LLC
- Canadian Broadcasting Corp.
- Channel Four Television Corporation
- Heartland Media LLC
- RTL Interactive GmbH
- Viacom Inc.