India is the worlds fastest growing market in Entertainment and Media space

As per a study by PriceWaterhouseCoopers (PwC), India is set to become the worlds fastest growing market for entertainment and media.  The Indian E&M space is expected to reach RS 100,000 crores by 2011. Asia-Pacific is the fastest growing region, with India and China leading the region at a CAGR of 18.5% and 16.8% respectively over the next five years.

Internet advertising is poised to emerge as the fastest growing segment over the next five years.

US will be the largest but slowest growing market at 5.3% CAGR by 2011.

via BS

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