Key regions: United States, China, Japan, United Kingdom, Germany
The Media market in Portugal has been experiencing steady growth in recent years, driven by changing customer preferences and local special circumstances. Customer preferences in the Media market in Portugal have shifted towards digital platforms, with an increasing number of consumers opting for online streaming services and social media for their entertainment needs.
This trend is in line with global market developments, as consumers worldwide are embracing digital media platforms for their convenience and accessibility. Additionally, the younger generation in Portugal has shown a preference for on-demand content and personalized experiences, which has further fueled the demand for digital media services. In terms of trends in the market, the rise of streaming services has been a key driver of growth in the Media market in Portugal.
International streaming platforms such as Netflix and Amazon Prime Video have gained significant popularity among Portuguese consumers, offering a wide range of content options and original productions. This trend has led to the emergence of local streaming platforms as well, catering to the specific preferences of Portuguese audiences. Another notable trend in the Media market in Portugal is the increasing use of social media as a source of news and entertainment.
Platforms such as Facebook, Instagram, and YouTube have become important channels for content consumption, with many media companies and influencers leveraging these platforms to reach their target audiences. This trend has also led to the rise of influencer marketing, where brands collaborate with popular social media personalities to promote their products or services. Local special circumstances have also played a role in shaping the Media market in Portugal.
The country has a strong tradition of print media, with newspapers and magazines holding a significant share of the market. However, the decline in print circulation and advertising revenues has forced many traditional media companies to adapt to the digital landscape. This has led to the development of online news portals and digital editions of print publications, allowing these companies to reach a wider audience and generate new sources of revenue.
Underlying macroeconomic factors have also contributed to the growth of the Media market in Portugal. The country's stable economy and increasing disposable income levels have created a favorable environment for media consumption. Additionally, the government has implemented policies to support the development of the digital media sector, including tax incentives and funding programs for content production.
These factors have attracted both domestic and international investors, further driving the growth of the Media market in Portugal. In conclusion, the Media market in Portugal is experiencing growth and transformation driven by changing customer preferences, the rise of digital platforms, and local special circumstances. The increasing popularity of streaming services and social media, along with the decline of print media, are shaping the market landscape.
Furthermore, favorable macroeconomic factors and government support have created opportunities for both domestic and international players in the industry.
Data coverage:
The data encompasses B2C enterprises. Figures are based on media spending (on traditional media as well as digital media). All monetary figures refer to consumer spending on digital goods or subscriptions in the respective segment. This spending factors in discounts, margins, and taxes.Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, number of internet users, and internet consumption. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.Additional notes:
The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
