In 2024, spending on the information technology (IT) sector is forecast to rebound to 8%, up from 4% in 2023. The year 2024 will be when the media sector begins to see improved EBITDA and cash flow. Streaming losses are also expected to lessen, improving on a trend that started in 2023. For the telecom sector, stable trends are expected, with moderate growth in earnings, as demand for data remains solid.
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2024 Global Technology, Media & Telecom Industry Report
Posted on March 29, 2024 By
Benchmark International in
Benchmark International +
Technology +
ecommerce +
Industry Report +
internet +
Media +
Mergers and Acquisitions +
2024 +
industrial automation +
entertainment +
telecom +
information technology