Global Digital Content Market To Reach $154 Billion Annually in 2019, Juniper Says

The value of the global digital content market will reach $154 billion annually by 2019, an almost 60 percent increase over the market’s value in 2014, Juniper Research said Tuesday. The biggest driver of market revenue in 2019 will be mobile and online games, which should garner about 38 percent of annual revenue that year, Juniper said in a news release about a research report. The researcher forecasts strong growth from online dating services and related apps, including Match.com and Zoosk. The bulk of digital content revenue is now collected post-download, with pay-per-download now accounting for 10 percent of revenue, Juniper said. The firm said consumers are now more interested in having access to digital content across a variety of platforms than in downloading content to one device. Over-the-top providers like Amazon and Google are in a prime position to capitalize on consumer demand for multidevice access to content via new cloud-based storage and access services, Juniper said.