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Arts Global Market Report 2022, By Type, Revenue Source, End-User

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    Report

  • 400 Pages
  • February 2022
  • Region: Global
  • The Business Research Company
  • ID: 5550023
Arts Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global arts market as it emerges from the Covid 19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the arts? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Arts market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider arts market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The arts market section of the report gives context. It compares the arts market with other segments of the recreation market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, arts indicators comparison.

Scope


Markets Covered:
1) By Type: Museums, Historical Sites, Zoos, And Parks; Independent Artists And Performing Art Companies; Sports And Arts Promoters
2) By Revenue Source: Media Rights; Merchandising; Tickets; Sponsorship
3) By End-User: Individuals; Companies; Others

Subsegments Covered: Museums; Historical Sites; Zoos & Botanical Gardens; Nature Parks and Other Similar Institutions; Visual Arts; Performing Arts; Sports Promoters; Arts Promoters

Companies Mentioned: CJ Corp.; Live Nation Entertainment, Inc.; Cineworld Group plc.; AMC Entertainment Holdings, Inc.; Smithsonian Institution

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, arts indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Arts Market

What is the estimated value of the Global Arts Market?

The Global Arts Market was estimated to be valued at $455.37 billion in 2022.

What is the growth rate of the Global Arts Market?

The growth rate of the Global Arts Market is 15.0%, with an estimated value of $795.63 billion by 2026.

What is the forecasted size of the Global Arts Market?

The Global Arts Market is estimated to be worth $795.63 billion by 2026.

Who are the key companies in the Global Arts Market?

Key companies in the Global Arts Market include CJ Corp., Live Nation Entertainment, Inc., Cineworld Group plc., AMC Entertainment Holdings, Inc., Smithsonian Institution, Washington, D.C., Cinemark Holdings, Inc., Madison Square Garden Company, PVR Limited and The State Hermitage Museum.

Table of Contents

1. Executive Summary2. Report Structure
3. Arts Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Arts Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Arts Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Arts Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Arts Market Trends And Strategies8. Impact Of COVID-19 On Arts
9. Arts Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Arts Market Regional Analysis
10.1. Global Arts Market, 2021, By Region, Value ($ Billion)
10.2. Global Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Arts Market, Growth And Market Share Comparison, By Region
11. Arts Market Segmentation
11.1. Global Arts Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Museums, Historical Sites, Zoos, And Parks
  • Independent Artists And Performing Art Companies
  • Sports And Arts Promoters
11.2. Global Arts Market, Segmentation By Revenue Source, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Media Rights
  • Merchandising
  • Tickets
  • Sponsorship
11.3. Global Arts Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Individuals
  • Companies
  • Others

12. Arts Market Segments
12.1. Global Museums, Historical Sites, Zoos, And Parks Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Museums; Historical Sites; Zoos & Botanical Gardens; Nature Parks and Other Similar Institutions
12.2. Global Independent Artists And Performing Art Companies Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Visual Arts; Performing Arts
12.3. Global Sports And Arts Promoters Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) - Sports Promoters; Arts Promoters
13. Arts Market Metrics
13.1. Arts Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Arts Market Expenditure, 2016-2026, Global
14. Asia-Pacific Arts Market
14.1. Asia-Pacific Arts Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Arts Market, 2021, By Country, Value ($ Billion)
14.3. Asia-Pacific, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
14.4. Asia-Pacific, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
14.5. Asia-Pacific, Arts Market Metrics
14.5.1. Per Capita Average Arts Expenditure, 2016-2026, Asia-Pacific Countries
14.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, Asia-Pacific Countries
14.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, Asia-Pacific Countries
14.6. Asia-Pacific Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7. Asia-Pacific Arts Market: Country Analysis
14.7.1. China Arts Market
14.7.1.1. China Arts Market Overview
14.7.1.2. China Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.2. Australia Arts Market
14.7.2.1. Australia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.3. Hong Kong Arts Market
14.7.3.1. Hong Kong Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.4. India Arts Market
14.7.4.1. India Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.5. Indonesia Arts Market
14.7.5.1. Indonesia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.6. Japan Arts Market
14.7.6.1. Japan Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.7. Malaysia Arts Market
14.7.7.1. Malaysia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.8. New Zealand Arts Market
14.7.8.1. New Zealand Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.9. Philippines Arts Market
14.7.9.1. Philippines Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.10. Singapore Arts Market
14.7.10.1. Singapore Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.11. South Korea Arts Market
14.7.11.1. South Korea Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.12. Thailand Arts Market
14.7.12.1. Thailand Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
14.7.13. Vietnam Arts Market
14.7.13.1. Vietnam Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15. Western Europe Arts Market
15.1. Western Europe Arts Market Overview
15.2. Western Europe, Arts Market, 2021, By Country, Value ($ Billion)
15.3. Western Europe, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
15.4. Western Europe, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
15.5. Western Europe, Arts Market Metrics
15.5.1. Per Capita Average Arts Expenditure, 2016-2026, Western Europe Countries
15.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, Western Europe Countries
15.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, Western Europe Countries
15.6. Western Europe Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7. Western Europe Arts Market: Country Analysis
15.7.1. Austria Arts Market
15.7.1.1. Austria Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.2. Belgium Arts Market
15.7.2.1. Belgium Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.3. Denmark Arts Market
15.7.3.1. Denmark Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.4. Finland Arts Market
15.7.4.1. Finland Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.5. France Arts Market
15.7.5.1. France Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.6. Germany Arts Market
15.7.6.1. Germany Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.7. Ireland Arts Market
15.7.7.1. Ireland Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.8. Italy Arts Market
15.7.8.1. Italy Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.9. Netherlands Arts Market
15.7.9.1. Netherlands Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.10. Norway Arts Market
15.7.10.1. Norway Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.11. Portugal Arts Market
15.7.11.1. Portugal Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.12. Spain Arts Market
15.7.12.1. Spain Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.13. Sweden Arts Market
15.7.13.1. Sweden Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.14. Switzerland Arts Market
15.7.14.1. Switzerland Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
15.7.15. UK Arts Market
15.7.15.1. UK Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16. Eastern Europe Arts Market
16.1. Eastern Europe Arts Market Overview
16.2. Eastern Europe, Arts Market, 2021, By Country, Value ($ Billion)
16.3. Eastern Europe, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
16.4. Eastern Europe, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
16.5. Eastern Europe, Arts Market Metrics
16.5.1. Per Capita Average Arts Expenditure, 2016-2026, Eastern Europe Countries
16.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, Eastern Europe Countries
16.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, Eastern Europe Countries
16.6. Eastern Europe Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7. Eastern Europe Arts Market: Country Analysis
16.7.1. Czech Republic Arts Market,
16.7.1.1. Czech Republic Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.2. Poland Arts Market
16.7.2.1. Poland Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.3. Romania Arts Market
16.7.3.1. Romania Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
16.7.4. Russia Arts Market
16.7.4.1. Russia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17. North America Arts Market
17.1. North America Arts Market Overview
17.2. North America, Arts Market, 2021, By Country, Value ($ Billion)
17.3. North America, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
17.4. North America, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
17.5. North America, Arts Market Metrics
17.5.1. Per Capita Average Arts Expenditure, 2016-2026, North America Countries
17.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, North America Countries
17.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, North America Countries
17.6. North America Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7. North America Arts Market: Country Analysis
17.7.1. Canada Arts Market
17.7.1.1. Canada Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.2. Mexico Arts Market
17.7.2.1. Mexico Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
17.7.3. USA Arts Market
17.7.3.1. USA Arts Market Overview
17.7.3.2. USA Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18. South America Arts Market
18.1. South America Arts Market Overview
18.2. South America, Arts Market, 2021, By Country, Value ($ Billion)
18.3. South America, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
18.4. South America, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
18.5. South America, Arts Market Metrics
18.5.1. Per Capita Average Arts Expenditure, 2016-2026, South America Countries
18.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, South America Countries
18.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, South America Countries
18.6. South America Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7. South America Arts Market: Country Analysis
18.7.1. Argentina Arts Market
18.7.1.1. Argentina Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.2. Brazil Arts Market
18.7.2.1. Brazil Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.3. Chile Arts Market
18.7.3.1. Chile Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.4. Colombia Arts Market
18.7.4.1. Colombia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.5. Peru Arts Market
18.7.5.1. Peru Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
18.7.6. Venezuela Arts Market
18.7.6.1. Venezuela Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19. Middle East Arts Market
19.1. Middle East Arts Market Overview
19.2. Middle East, Arts Market, 2021, By Country, Value ($ Billion)
19.3. Middle East, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
19.4. Middle East, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
19.5. Middle East, Arts Market Metrics
19.5.1. Per Capita Average Arts Expenditure, 2016-2026, Middle East Countries
19.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, Middle East Countries
19.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, Middle East Countries
19.6. Middle East Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7. Middle East Arts Market: Country Analysis
19.7.1. Saudi Arabia Arts Market
19.7.1.1. Saudi Arabia Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.2. Israel Arts Market
19.7.2.1. Israel Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.3. Turkey Arts Market
19.7.3.1. Turkey Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
19.7.4. UAE Arts Market
19.7.4.1. UAE Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20. Africa Arts Market
20.1. Africa Arts Market Overview
20.2. Africa, Arts Market, 2021, By Country, Value ($ Billion)
20.3. Africa, Arts Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Country
20.4. Africa, Arts Market, 2016-2021, 2021-2026F, 2031F, Growth And Market Share Comparison, By Country
20.5. Africa, Arts Market Metrics
20.5.1. Per Capita Average Arts Expenditure, 2016-2026, Africa Countries
20.5.2. Number of Enterprises, Arts Market, Arts Market/Number of Enterprises, 2021, Africa Countries
20.5.3. Number of Employees, Arts Market, Arts Market/Number of Employees, 2021, Africa Countries
20.6. Africa Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7. Africa Arts Market: Country Analysis
20.7.1. Egypt Arts Market
20.7.1.1. Egypt Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.2. Nigeria Arts Market
20.7.2.1. Nigeria Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
20.7.3. South Africa Arts Market
20.7.3.1. South Africa Arts Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion)
21. Arts Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. CJ Corp
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Live Nation Entertainment, Inc.
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Cineworld Group plc
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. AMC Entertainment Holdings, Inc.
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Smithsonian Institution, Washington, D.C.
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The Arts Market
23. Market Background: Recreation Market
23.1. Recreation Market Characteristics
23.2. Recreation Market Historic and Forecast, 2016-2021, 2021-2026F, 2031F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Recreation Market, 2021, By Region, Value ($ Billion)
23.4. Global Recreation Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
23.5. Global Recreation Market, 2016-2021, 2021-2026F, 2031F, Segmentation By Type, Value ($ Billion)
24. Recommendations
24.1. Global Arts Market In 2026- Growth Countries
24.2. Global Arts Market In 2026- Growth Segments
24.3. Global Arts Market In 2026- Growth Strategies
25. Appendix
25.1. NAICS Definitions Of Industry Covered In This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. About the Publisher
26. Copyright And Disclaimer

Executive Summary

Major companies in the arts market include CJ Corp., Live Nation Entertainment, Inc., Cineworld Group plc., AMC Entertainment Holdings, Inc., Smithsonian Institution, Washington, D.C., Cinemark Holdings, Inc., Madison Square Garden Company, PVR Limited, The Metropolitan Opera Association and The State Hermitage Museum.

The global arts market is expected to grow from $275.58 billion in 2021 to $455.37 billion in 2022 at a compound annual growth rate (CAGR) of 65.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $795.63 billion in 2026 at a CAGR of 15%.

The arts services market consists of sales of arts services and related goods by entities (organizations, sole traders and partnerships) that operate facilities or provide services for cultural, entertainment and recreational interests such as producing live performances or events and preserving and exhibiting objects of the art-related interests of patrons. Revenues in this market include entry fees to theatres and art galleries and royalties.

The main types of arts services are museums, historical sites, zoos, and parks, independent artists and performing art companies and sports and arts promoters. Sports and arts promoters organize, promote, and manage live performing arts productions, sports events and other events such as state fairs, county fairs, agricultural fairs, concerts, and festivals; and manage and provide the staff to operate arenas, stadiums, theaters or other related facilities for rent to other promoters. The different revenue sources include media rights, merchandising, tickets, sponsorship and is used by individuals, companies, others.

Asia Pacific was the largest region in the arts services market in 2021. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the arts services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Art organizers are using augmented reality (AR) technology to create real world experience for customers. Augmented reality is the integration of digital information with the user's environment in real time. Museums and zoos are now using augmented reality as a tool to educate and entertain the audience by creating a visual tour guide and displaying 3D content in a real-world camera view. For instance, Cleveland Museum of Art is using augmented reality technology to let users interact and access the most current and comprehensive information about every piece of artwork in the museum. In Acropolis Museum in Athens, Greece, the team used AR technology to bring a collection of architectural and sculptural remains to life.

Independent formats are offering new platforms for new talent to promote their music. Since music recording companies are often averse to taking risks with new talent, artists are making use of social media and music streaming platforms and are taking charge of their own personal marketing and distribution. Social media platforms have created a new means of connectivity and marketing opportunity for the artists. For instance, iTunes, Spotify, Pandora, and YouTube are some platforms widely being used by music artists to promote their work.

The countries covered in the arts services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CJ Corp.
  • Live Nation Entertainment, Inc.
  • Cineworld Group plc.
  • AMC Entertainment Holdings, Inc.
  • Smithsonian Institution, Washington, D.C.
  • Cinemark Holdings, Inc.
  • Madison Square Garden Company
  • PVR Limited
  • The Metropolitan Opera Association
  • The State Hermitage Museum

Methodology

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