Consumer spending on digital content will continue increasing

Consumers will spend more than $220 billion on broadband services and digital content in 2015, according to a recent PricewaterhouseCoopers report. As reported in USA Today, across every category of entertainment and media, spending is expected to increase by 5 percent, totalling almost $595 billion by the end of this year. In particular, the amount consumers spend on Internet access is expected to increase “nearly 13 percent in 2015 to $130.2 billion,” and spending on digital media is expected to catch and surpass spending on traditional media within five years.

Consumer spending on Net access and digital entertainment continues to rise (USA Today, June 4, 2015)