China, India, Russia and Mexico Are The Top Emerging Markets For Online Media Companies, Says Ernst & Young

TechCrunch

While the U.S. still has the highest earning potential for both online media and entertainment companies, emerging markets like China, India, Russia, and Mexico are quickly catching up. A new report by Ernst & Young says growth will be fueled by rapidly increasing Internet penetration. There are expected to be two billion broadband connections by 2016 in the emerging markets covered by the report, twice that of mature markets Smartphone shipments to emerging markets will also double between 2014 and 2018.

China, the top emerging market for online media companies, is expected to have 500 million wireless broadband connections by 2016 (to put that number in context, it has a population of 1.36 billion).

The country’s regulations, however, make it an infamously difficult market for foreign companies to enter. Facebook and Google are just two U.S. tech giants that have been blocked or restricted.

For example, Google Play is unavailable…

View original post 386 more words

Advertisements
This entry was posted in Brian By Experience. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s