$12 bn India’s digital media & entertainment landscape to triple in size by 2030 ...Middle East

New Delhi: India’s digital media and entertainment landscape, which is currently valued at $12 billion, is likely to triple in size, a report showed on Wednesday. The growing maturity of internet users coupled with increasing spend on digital media is expected to enable the sector to recover from the recent slowdown in market due to a dip in digital ad spending, among other macro challenges, according to Redseer Research. In the last two years, Non-Real Money Gaming (RMG) and the increased uptake of OTT Video have contributed majorly to the sector’s growth trajectory despite a slowdown in digital ad spend. Between FY22-23, all segments of Digital Media & Entertainment saw paid user growth,

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