openPR Logo
Press release

Motion Picture Industry is Projected to Grow at a CAGR of 8.3% from 2021 to 2027

10-23-2020 12:13 PM CET | Leisure, Entertainment, Miscellaneous

Press release from: Allied Market Research

Motion Picture Industry

Motion Picture Industry

Motion Picture Industry size was $ 42.2 billion in 2019, and is projected reach $ 43.9 billion by 2027, registering a CAGR of 8.3% from 2021 to 2027

The film industry has vast implications on the countrys economy. The industry fosters tourism, allied industries and employment. As a result the government of various countries aids the production of films. For instance, movie production is incentivized and tax benefits are offered throughout the US in order to encourage domestic film production. On the similar lines the UK government have exempted about $795 million in tax relief for the film big budget TV productions which have passed a cultural test that qualified them as British-made. Furthermore, the government of Germany has added over $80 million to the yearly budget of Ministry of Culture. The government has doubled allocation to $170 million in order to attract foreign productions to Germany. The governments around the world are focusing to incentivize film production in their own country, which aids in local economy expansion and employment. Such tax benefits are expected to encourage movie makers and thus provides impetus to the motion picture industry market.

Get detailed COVID-19 impact analysis on the Motion Picture Industry: https://www.alliedmarketresearch.com/request-for-customization/7154?reqfor=covid

The emergence of OTT platforms has disrupted the global entertainment sector. OTT services are making movie-watching experiences more convenient, providing accessibility along with affordability across a much wider segment of the users. With the ongoing lockdowns across economies, OTT platforms have emerged enormously in the world of entertainment. Owing to very limited relaxations across geographies in the past few months, films have been bearing the brunt of closures of cinema complex and multiplexes. However, streaming of content hasnt stopped via the OTT platforms. Releases via OTT have increased exponentially in the present years with leading players finding alternative ways via OTT platforms to generate revenue. Such enormous emergence of OTT platform will result in hampering the market expansion in the upcoming years.

Get PDF Sample Report of Motion Picture Industry 2020, Click Here : https://www.alliedmarketresearch.com/request-sample/7154

COVID-19 has caused perilous impact on the motion picture industry. Widespread lockdown, social distancing norms and fear of crowded places have resulted in colossal losses for the engaged stakeholders in the industry. Furthermore, production of films has been affected greatly owing to strict SOPs issued by the respective governments. The COVID-19 pandemic is expected to impact the market profoundly in the current and next year, however the market is likely to bound back post 2021.

The motion picture industry is segmented into genre, demographics, dimension and region. By genre, the global market is classified into action, comedy, drama, fantasy, horror, romance, and others. By demographics, it is bifurcated into children and adult. By dimension, the market is divided into 3D above and 2D. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

For Enquiry Before Buying Report : https://www.alliedmarketresearch.com/purchase-enquiry/7154

Key Findings Of The Study
•By region, Asia-Pacific dominates in terms of motion picture industry and is expected to retain its dominance during the forecast period.By genre, the fantasy segment led in terms of market share, in 2019; however, action segment is expected to gain market share in the upcoming years.
•By demographics, the adult segment accounted for about three-fourths share of the motion picture industry in 2019; however, the children segment is poised to grow at the highest CAGR during the forecast period.
•By dimension, the 3D and above segment is expected to gain market share in the upcoming years and is estimated to grow at a CAGR of 10.1% during the motion picture industry forecast period
•By region, North America is anticipated to grow with robust CAGR of 8.7% during the forecast period.

Some of the key players profiled in motion picture industry analysis included are Warner Bros., Sony Pictures Motion Picture Group, Walt Disney Studios, Universal Pictures, 20th Century Fox, Paramount Pictures, Lionsgate Films, The Weinstein Company, Metro-Goldwyn-Mayer Studios, and DreamWorks Pictures.

Read Full Report Summay: https://www.alliedmarketresearch.com/motion-picture-industry-market-A06789

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Motion Picture Industry is Projected to Grow at a CAGR of 8.3% from 2021 to 2027 here

News-ID: 2169655 • Views:

More Releases from Allied Market Research

Opportunities in Focus: Electric Light Commercial Vehicle Lithium-Ion Battery Market Insights
Opportunities in Focus: Electric Light Commercial Vehicle Lithium-Ion Battery Ma …
A lithium-ion battery (LIB) is a type of rechargeable battery, which is commonly used in various industrial applications such as automotive, medical devices and even in aerospace. LIB is widely used in the field of electric light commercial vehicle due to its high energy concentration and long cycle life. Furthermore, electric light commercial vehicle has gained a considerable consumer popularity & acceptance recently. Major improvements in the performance of an
High Power Microwave Directed Energy Weapons Market Size is Projected to Surge at 15.1% CAGR, Reaching $5 billion by 2032
High Power Microwave Directed Energy Weapons Market Size is Projected to Surge a …
High Power Microwave Directed Energy Weapons Market by Type (Pulsed-Wave High Power Microwave, and Continuous-Wave High Power Microwave), Platform (Airborne, Naval, and Ground-based), and End-user (Army, Navy, and Airforce): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global high-power microwave directed energy weapons industry generated $1.27 billion in 2022 and is anticipated to generate $5.01 billion by 2032, witnessing a CAGR of 15.1% from 2023 to
Battery recycling Market to Observe Strong Development by 2032 - Li-Cycle, Umicore, HUSKY BATTERY SOLUTIONS, etc.
Battery recycling Market to Observe Strong Development by 2032 - Li-Cycle, Umico …
Battery recycling, often referred to as "battery recycling recycling" or "used battery recycling," specifically refers to discarded or used batteries that are no longer functional and are collected for recycling purposes. Battery recycling helps conserve natural resources, reduces the environmental impact of hazardous materials, and minimizes the need for new mining or extraction. It is important to dispose of batteries properly by recycling them at designated collection points or facilities,
Brazil Oil and Gas Separation Market to Record Sturdy Growth by 2032 - SLB, NOV Inc, ABS Group, Sulzer Ltd, etc.
Brazil Oil and Gas Separation Market to Record Sturdy Growth by 2032 - SLB, NOV …
Brazil oil and gas separation market is expected to witness increased demand during the forecast period due to a rise in demand for energy. Growth in the adoption of non-conventional exploratory methods coupled with an increase in the production of shale gas and oil is expected to drive the market growth. The Brazil oil and gas separation market was valued at $476.5 million in 2022 and is projected to reach

All 5 Releases


More Releases for Picture

Motion Picture Market Size to Grow at 8.65% by 2028: Warner Bros, Sony picture m …
As per the report published by Evolve Business Intelligence, the global Motion Picture Market is expected to reach $73.61 Billion by 2028 growing at a CAGR of 8.65% from 2021 to 2028. Get Free Exclusive Sample PDF of the report: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005694 COVID-19 scenario: • The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors. • The companies operating in the Motion Picture market have been negatively impacted
Motion Picture Market Size to Grow at 8.65% by 2028: Warner Bros, Sony picture m …
As per the report published by Evolve Business Intelligence, the global Motion Picture Market is expected to reach $73.61 Billion by 2028 growing at a CAGR of 8.65% from 2021 to 2028. Get Free Exclusive Sample PDF of the report: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=005694 COVID-19 scenario: • The temporary lockdown and restriction have led to supply chain disruption, presenting import and export challenges across different sectors. • The companies operating in the Motion Picture market have been negatively impacted
New picture book tackles lockdown loneliness
Scottish author Isla Wynter has released a new picture book about a lonely bunny on the moon, born from her own experience of self-isolation and being cut off from family and friends. The Bunny on the Moon tells the adorable story of Maribus Honey, a rabbit living all by himself on the moon. One day, when he feels particularly lonely, he builds a ladder and climbs down to Earth - but
Picture yourself in Phrae
The northern province of Phrae traces its history back to the Hariphunchai kingdom of the Mon and was once one of Thailand’s largest centres of the teak trade. Nestled between its neighbouring provinces of Lampang, Uttaradit, Nan and Phayao, Phrae today still boasts among the country’s largest teak forest reserves. It is one of the 55 secondary destinations being promoted around the kingdom in a complementary fashion with key destinations, in
03-14-2011 | Health & Medicine
IAEDP
A Picture- Perfect Week in Phoenix
PHOENIX (March 14, 2011) – A goal was met and a record set when over 450 participants attended the 2011 International Association of Eating Disorder Professionals (iaedp) Symposium last week in Phoenix. While the picturesque weather may have played a role in bringing snowbirds down to the desert, it’s ultimately the top-notch programming to thank for attracting nearly 500 in-person participants, the most ever in the symposium’s 25-year history. Even
Picture Urn Pendants – An Image Of Comfort
Lockets have been a popular favorite as a jewelry pendant for decades and have been used as a way to keep a picture of a much cherished family member, friend or even a pet close to the heart. Cremation picture lockets put a new spin on an old favorite and consumers have warmed to the notion of having a picture of their loved one as well as a small