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Broadcast, Multimedia

What is the multimedia industry?

The sector is one branch of the advertising and entertainment industries. It focuses on mass media and broadcasting services. It includes media content distribution through various means. Among them are radio, television, and digital platforms. It additionally incorporates the services related to the tasks. Among them are equipment manufacturing, content production, design, distribution, marketing, and policy compliance. The industry spans over 7,700 companies as a result. Likewise, it accounts for 1.4% of global employment or around 46.2 million professionals.

Is the sector extensive?

It is a high-value, stable and lucrative sector that often features novel solutions. This is because of the ever-changing nature of broadcasting and multimedia. It includes the development of new communication channels. Generally, novel solutions result from extensive research and inter-sectoral networking. It includes maintaining connections to sectors such as IT, electronics, entertainment, and education. In addition, the industry has networks with commerce, retail, aviation, maritime, and government. They also include publishing, and logistics. It is because broadcasting and multimedia technologies are often vital for them. The industry features market values of $832.99 billion as a result.

Where does the sector network?

Often, networking and presentation of novel solutions occur during annual trade expos. It is because such events complete diverse goals. Among them is discussing the latest novel solutions and challenges. Often, the trade expositions attract approximately tens of thousands of participants. They occur in various states, such as the UAE and the UK. Additionally, some take place in the Federative Republic of Germany.