The APAC media services market size is projected to reach US$6,987 million in 2026, with a CAGR of 27% over the next four years Tencent Cloud is drivi.
The APAC media services market size is projected to reach US$6,987 million in 2026, with a CAGR of 27% over the next four years Tencent Cloud is driving the APAC media services landscape helping enterprises to achieve "Immersive Convergence", accelerating their digital transformation journey into the eras of Web3.0 and Metaverse SINGAPORE, Feb. 21, 2023 /PRNewswire/ The cloud business of global technology company, Tencent, today announced that it has been recognised as the no. 1 services provider in the media services market, according to Frost & Sullivan's 2022 Asia-Pacific (APAC) Media Service Market Report. The study, which gathers data insights across Singapore and eight other markets in the region[1], found that 33.4% of Media and Entertainment firms chose Tencent Cloud's services to accelerate their digital transformation journey in order to meet their future media services needs ranging from content creation, processing, and transmission, to real-time comm