The Middle East media and entertainment market is expected to grow at a CAGR of approximately 12.79% over the forecast period (2021 - 2026). The Middle Eastern market was valued at US$ 35.11 billion in 2020 and is expected to reach US$ 69.83 billion by 2026.
Source: Mordor Intelligence
According to the PwC Global Outlook Report, top 5 of the world’s best-performing entertainment and media consumer markets are in the MEASA region. The top 5 performing markets are India (CAGR 8.8%), Nigeria (CAGR 8.6%), Philippines (CAGR 5.8%), Saudi Arabia (CAGR 5.4%) and Pakistan (CAGR 5.4%) for a forecasted period of 2019 - 2024.