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Media Companies Are Using Autonomous Drones To Enhance Quality Of Product As Well As Efficiency Of Production

Media Market Report 2021: COVID-19 Impact And Recovery To 2031

Media Global Market Report 2021: COVID-19 Impact And Recovery To 2031

The Business Research Company’s Media Global Market Report 2021: COVID-19 Impact and Recovery to 2031

LONDON, GREATER LONDON, UK, January 5, 2021 /EINPresswire.com/ -- New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

Autonomous drones are becoming popular among mainstream and indie film and video makers as they enhance the film viewing experience. They are cost effective, lightweight, and reduce risks associated with cranes and cable cams during film making. Autonomous drones are flying gadgets equipped with multiple rotors, built-in high-resolution camera and algorithms for capturing videos and pictures. They offer 360-degree experiential recording experience with minimal human intervention. They can be used to capture aerial shots, taking footage and images without having a cameraman on an actual helicopter. Some companies offering autonomous drones are DJI, Parrot, Yuneec, Kespry, Insitu and EHANG. Major companies in the media and entertainment industry include Google, Walt Disney, Time Warner Inc., Facebook, and Comcast Corporation.

The global media market size is expected to grow from $1.71 trillion in 2020 to $1.85 trillion in 2021 at a compound annual growth rate (CAGR) of 8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. According to media market research, the market is expected to reach $2.67 trillion in 2025 at a CAGR of 10%. Media market analysis shows North America to be the largest region in the global media market, accounting for 33% of the market in 2020. Asia Pacific is the second largest region, accounting for 29% of the global market. Africa was the smallest region in the global media market.

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The Business Research Company
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