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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