APAC Screen Economy Set To Be Worth $200BN By 2031 With Monetization Gains Moving Towards Retail APOS

Image for article APAC Screen Economy Set To Be Worth $200BN By 2031 With Monetization Gains Moving Towards Retail  APOS
News Source : Deadline

News Summary

  • Asia Pacific’s screen economy will grow from $179BN this year to $200BN by 2031.
  • Future gains in monetization may come from retail media and commerce, said Media Partners Asia CEO Vivek Couto in his opening address at APOS.
  • Couto outlined what he described as four forces reshaping the industry.
  • The fastest growing revenue line is not digital advertising or subscriptions, but retail media or advertising attached directly to a purchase, he said.
  • The industry has had just two revenue streams – ads and subs – but advertising is under pressure.

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