This report describes and explains the film and video market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global film and video market reached a value of nearly $285.62 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.05% since 2018. The market is expected to grow from $285.62 billion in 2023 to $390.76 billion in 2028 at a rate of 6.47%. The market is then expected to grow at a CAGR of 6.31% from 2028 and reach $530.5 billion in 2033.
Growth in the historic period resulted from increased numbers of television channels, increasing internet penetration in rural and urban areas, rise in movies and entertainment production and rapid urbanization. Factors that negatively affected growth in the historic period were increase in movie piracy and changes in government regulations and content restrictions.
Going forward, increase in demand for higher-quality display resolutions, rising disposable incomes per capita, rising use of social media platforms for promotions and increasing availability of smartphones and tablets will drive the growth. Factors that could hinder the growth of the film and video market in the future include high production costs of film and video and rapid growth of OTT and mobile streaming platforms.
The film and video market is segmented by type into film and video production, film and video distribution, post-production services, film and video theatres and other film and video industries. The film and video production market were the largest segment of the film and video market segmented by type, accounting for 76.07% or $217.26 billion of the total in 2023. Going forward, the it is expected to be the fastest growing segment in the film and video market segmented by type, at a CAGR of 6.81% during 2023-2028.
The film and video market is segmented by genre into action, horror, comedy, documentary, drama and others. The drama market was the largest segment of the film and video market segmented by genre, accounting for 27.71% or $79.14 billion of the total in 2023. Going forward, the other genre segment is expected to be the fastest growing segment in the film and video market segmented by genre, at a CAGR of 9.22% during 2023-2028.
The film and video market is segmented by application into film company, film studio and other applications. The film company market was the largest segment of the film and video market segmented by application, accounting for 44.43% or $126.9 billion of the total in 2023. Going forward, the other applications segment is expected to be the fastest growing segment in the film and video market segmented by application, at a CAGR of 7.82% during 2023-2028.
North America was the largest region in the film and video market, accounting for 38.04% or $108.66 billion of the total in 2023. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the film and video market will be Middle East and Africa where growth will be at CAGRs of 13.91% and 11.69% respectively. These will be followed by Asia Pacific and Western Europe where the markets are expected to grow at CAGRs of 9.19% and 8.02% respectively.
The global film and video market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 20.00% of the total market in 2022. The market concentration can be attributed to the presence of large number of players in different geographies. Prominent players are acquiring the products and entering into partnerships with the other companies to consolidate their market positions across the globe, while others are distributing products. The Walt Disney Company was the largest competitor with 4.10% share of the market, followed by WARNER BROS. DISCOVERY, INC with 2.90%, Comcast Corporation with 2.61%, Paramount Global with 2.60%, Vivendi SA with 2.58%, Sony Corporation with 2.31%, Financière de l’Odet with 1.48%, ITV Plc with 0.63%, Lions Gate Entertainment with 0.51%, and FUJI MEDIA HOLDINGS INC with 0.28%.
The top opportunities in the film and video market segmented by type will arise in the film and video production segment, which will gain $84.81 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by application will arise in the other genre segment, which will gain $29.8 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by genre will arise in the film company segment, which will gain $43.1 billion of global annual sales by 2028. The film and video market size will gain the most in UK at $37.6 billion.
Market-trend-based strategies for the film and video market include autonomous drones aiding film and video production, introduction of motion capture technology for film and video animation processes, strategic partnerships with OTT platforms for movie distribution, launch of film cameras and software with ai-powered features and integration of 3D model editing software in filmmaking for visual effects.
Player-adopted strategies in the film and video market include enhancing operational capabilities through business expansions, enhancing operational capabilities through strategic mergers and acquisitions, enhancing business capabilities through the launch of new content and strengthening business operations through strategic collaborations and partnerships.
To take advantage of the opportunities, the analyst recommends the film and video companies to focus on integrating autonomous drones to revolutionize film production, focus on streamlining production costs with motion capture technology, focus on advanced 3d model editing for cinematic innovation, expand in emerging markets, continue to focus on developed markets, focus on strategic OTT partnerships for global film distribution, focus on competitive pricing strategies for market expansion, focus on integrated digital marketing for enhanced visibility, focus on audience-centric content creation and focus on mobile-centric content delivery.
The global film and video market reached a value of nearly $285.62 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.05% since 2018. The market is expected to grow from $285.62 billion in 2023 to $390.76 billion in 2028 at a rate of 6.47%. The market is then expected to grow at a CAGR of 6.31% from 2028 and reach $530.5 billion in 2033.
Growth in the historic period resulted from increased numbers of television channels, increasing internet penetration in rural and urban areas, rise in movies and entertainment production and rapid urbanization. Factors that negatively affected growth in the historic period were increase in movie piracy and changes in government regulations and content restrictions.
Going forward, increase in demand for higher-quality display resolutions, rising disposable incomes per capita, rising use of social media platforms for promotions and increasing availability of smartphones and tablets will drive the growth. Factors that could hinder the growth of the film and video market in the future include high production costs of film and video and rapid growth of OTT and mobile streaming platforms.
The film and video market is segmented by type into film and video production, film and video distribution, post-production services, film and video theatres and other film and video industries. The film and video production market were the largest segment of the film and video market segmented by type, accounting for 76.07% or $217.26 billion of the total in 2023. Going forward, the it is expected to be the fastest growing segment in the film and video market segmented by type, at a CAGR of 6.81% during 2023-2028.
The film and video market is segmented by genre into action, horror, comedy, documentary, drama and others. The drama market was the largest segment of the film and video market segmented by genre, accounting for 27.71% or $79.14 billion of the total in 2023. Going forward, the other genre segment is expected to be the fastest growing segment in the film and video market segmented by genre, at a CAGR of 9.22% during 2023-2028.
The film and video market is segmented by application into film company, film studio and other applications. The film company market was the largest segment of the film and video market segmented by application, accounting for 44.43% or $126.9 billion of the total in 2023. Going forward, the other applications segment is expected to be the fastest growing segment in the film and video market segmented by application, at a CAGR of 7.82% during 2023-2028.
North America was the largest region in the film and video market, accounting for 38.04% or $108.66 billion of the total in 2023. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the film and video market will be Middle East and Africa where growth will be at CAGRs of 13.91% and 11.69% respectively. These will be followed by Asia Pacific and Western Europe where the markets are expected to grow at CAGRs of 9.19% and 8.02% respectively.
The global film and video market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 20.00% of the total market in 2022. The market concentration can be attributed to the presence of large number of players in different geographies. Prominent players are acquiring the products and entering into partnerships with the other companies to consolidate their market positions across the globe, while others are distributing products. The Walt Disney Company was the largest competitor with 4.10% share of the market, followed by WARNER BROS. DISCOVERY, INC with 2.90%, Comcast Corporation with 2.61%, Paramount Global with 2.60%, Vivendi SA with 2.58%, Sony Corporation with 2.31%, Financière de l’Odet with 1.48%, ITV Plc with 0.63%, Lions Gate Entertainment with 0.51%, and FUJI MEDIA HOLDINGS INC with 0.28%.
The top opportunities in the film and video market segmented by type will arise in the film and video production segment, which will gain $84.81 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by application will arise in the other genre segment, which will gain $29.8 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by genre will arise in the film company segment, which will gain $43.1 billion of global annual sales by 2028. The film and video market size will gain the most in UK at $37.6 billion.
Market-trend-based strategies for the film and video market include autonomous drones aiding film and video production, introduction of motion capture technology for film and video animation processes, strategic partnerships with OTT platforms for movie distribution, launch of film cameras and software with ai-powered features and integration of 3D model editing software in filmmaking for visual effects.
Player-adopted strategies in the film and video market include enhancing operational capabilities through business expansions, enhancing operational capabilities through strategic mergers and acquisitions, enhancing business capabilities through the launch of new content and strengthening business operations through strategic collaborations and partnerships.
To take advantage of the opportunities, the analyst recommends the film and video companies to focus on integrating autonomous drones to revolutionize film production, focus on streamlining production costs with motion capture technology, focus on advanced 3d model editing for cinematic innovation, expand in emerging markets, continue to focus on developed markets, focus on strategic OTT partnerships for global film distribution, focus on competitive pricing strategies for market expansion, focus on integrated digital marketing for enhanced visibility, focus on audience-centric content creation and focus on mobile-centric content delivery.
Table of Contents
1 Executive Summary
6 Market Characteristics
8 Supply Chain Analysis
9 Customer Information
10 Major Market Trends
11 Film and Video Market - Macro-Economic Scenario
12 Global Market Size and Growth
13 Film and Video Market, Regional Analysis
14 Global Film and Video Market Segmentation
15 Market Comparison with Macro Economic Factors
16 Asia-Pacific Market
17 Western Europe Market
18 Eastern Europe Market
19 North America Market
20 South America Market
21 Middle East Market
22 Africa Market
23 Competitive Landscape and Company Profiles
24 Key Mergers and Acquisitions
25 Market Background: Film and Music Market
26 Opportunities and Strategies
27 Film and Video Market, Conclusions and Recommendations
28 Appendix
Executive Summary
Film And Video Global Market Opportunities And Strategies To 2033 provides the strategists; marketers and senior management with the critical information they need to assess the global film And video 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 film and video? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The film and video 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 history and forecasts market growth by geography. It places the market within the context of the wider film and video market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics: Characteristics Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by genre and by application.
- Product Analysis: The product analysis section of the report describes the leading products in the film and video market, along with key features and differentiators for those products
- Supply Chain: The supply chain section of the report defines and explains the key players in the film and video industry supply chain
- Customer Information - The chapter covers recent customer trends/preferences in the global film and video market.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario - The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the film and video market.
- Global Market Size and Growth - Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by genre and by application in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size And Growth - Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions: Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Market Background: Film And Music Market This chapter describes the film and music market of which the film and video market is a segment. This chapter includes the global film and music market characteristics and (2018-23, 2028F) values and regional analyses for the film and music market.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Type: Film And Video Production; Film And Video Distribution; Post-Production Services; Film And Video Theatres; Other Film And Video Industries.2) By Genre: Action; Horror; Comedy; Documentary; Drama; Others
3) By Application: Film Company; Film Studio; Other Applications
Key Companies Mentioned: The Walt Disney Company; WARNER BROS. DISCOVERY, INC; Comcast Corporation; Paramount Global; Vivendi SA
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia; Czech Republic; Poland; Romania; Ukraine; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Egypt; Nigeria; South Africa; Iran; Israel; Saudi Arabia; Turkey; UAE; Argentina; Chile; Colombia; Peru; Canada; Mexico; Vietnam; Thailand; Singapore; Philippines; New Zealand; Malaysia; Hong Kong
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; film and video indicators comparison.
Data Segmentation: 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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Walt Disney Company
- WARNER BROS. DISCOVERY, INC
- Comcast Corporation
- Paramount Global
- Vivendi SA
- Sony Corporation
- Financière de l’Odet
- ITV Plc
- Lions Gate Entertainment
- FUJI MEDIA HOLDINGS INC
- CCCFilms
- Nice Films
- Luminary Visuals
- Redgate Rentals China
- Teneighty Productions Limited
- BrickLayer Productions
- Shanghai Film Group
- Changchun Film Group
- Huaxia Film Distribution Company Ltd.
- DMG Entertainment
- Bona Film Group
- Huayi Brothers Media Group
- Yash Raj Films
- UTV Motion Pictures limited
- Eros International
- Dharma Productions
- Red Chilies Entertainment
- Vinod Chopra Productions private limited
- Rajshri Productions
- Balaji Motion Pictures
- Mozmene
- Gaofeng Creative
- SomniumFilm
- BluBlu Studios
- iFiLM France
- Renata Pepper
- Froggie Production
- SHOTZ PRODUCTION
- Watchmen Productions
- Television Interactive Network Agency
- ROCC Film Berlin
- Baby Cow Productions
- Ninjapromo
- Magneto Films
- Bohemian Pictures (Czech Republic)
- Barrandov Studio (Czech Republic)
- Starlite Pictures (Czech Republic)
- Andy Fiord Production (Russia)
- Saint Petersburg Production Team (Russia)
- Family Film Romania (Romania)
- Mbrella Films (Poland)
- TVA Films
- DreamWorks Pictures
- Metro-Goldwyn Mayer(MGM)
- ViacomCBS
- Warner Media LLC
- Digital FX
- Beel Films
- Story Productions
- 80 Days Films Argentina
- 7 Seas Productions
- Five Corners Film & Video LLC
- Vandalo
- Altana Films
- Jacaranda Films
- Doleep Studios
- The Company Films
- Zaini Media
- Film District Dubai
- Four Quadrant Films
- Nice Software Solutions Pvt Ltd
- Street Inc
- AFLAM Productions
- Play Media Productions
- ALMONTAGE
- Miraj Media
- The Idea Factory Films
- Insight Studios
- Silver Grey Picture and Sound
- Dunia Production
- Silver green Productions
- Team Trust Productions
- Crow Productions
- Hive Studio
- Beverly Boy Productions
- MASR media production
- Birthmark Films
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 474 |
Published | April 2024 |
Forecast Period | 2023 - 2033 |
Estimated Market Value ( USD | $ 285.6 Billion |
Forecasted Market Value ( USD | $ 530.5 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |