Global Arts Market Is Predicted To See Substantial Rise In Revenue And Demand In The Forecast Period 2022-2031

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According to The Business Research Company's arts market report, the market reached a value of nearly $256.2 billion in 2020, having decreased at a compound annual growth rate (CAGR) of -4.2% since 2015. The global arts market size is expected to grow from $256.2 billion in 2020 to $534.3 billion in 2025 at a rate of 15.8%. The global arts market size is then expected to grow at a CAGR of 6.9% from 2025 and reach $744.9 billion in 2030.

Emergence of independent artists, increase in arts e-commerce purchases, economic growth, increase in internet penetration and increase in use of social media will drive the growth.

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The arts market is segmented -
• By Type: Museums, Historical Sites, Zoos, And Nature Parks, Independent Artists And Performing Art Companies, Sports And Arts Promoters
• By Museums, Historical Sites, Zoos, And Nature Parks Type: Museums, Historical Sites, Zoos & Botanical Gardens, Nature Parks
• By Independent Artists And Performing Art Companies Type: Visual Arts, Performing Arts
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the arts market.

Major competitors in the arts market include Live Nation Entertainment Inc, Smithsonian Institution, AMC Entertainment Holdings Inc, Cirque du Soleil, Bolshoi Theatre

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The arts services market comprises the sales of arts' services and related goods by entities (organizations, sole traders and partnerships) that operate facilities and/or provide services for cultural, entertainment, education and recreational interests. The arts market covers those entities producing (and housing) live performances, events, preserving and exhibiting objects of art- such as museums or art galleries, being places of historical interest, as well as zoos and botanical gardens. Revenues in this market include entry fees, monies generated from performance ticket sales, membership fees, royalties, educational programs, gift shops, merchandise, private donors, institutional donors and aid from city and state governments along with other sales. The market also includes revenues generated by sports and arts promoters engaged in organizing, promoting, and/or managing live performing arts productions, sports events, and similar events, held in facilities that they manage and operate or in facilities that are managed and operated by others. Only goods and services traded between entities or sold to end consumers are included.

The Table Of Content For The Arts Market Include:
1. Arts Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
26. Key Mergers And Acquisitions In The Arts Market
27. Market Background: Recreation Market
28. Global Arts Market Opportunities And Strategies
29. Arts Market, Conclusions And Recommendations
30. Appendix

The Business Research Company's "Global Arts Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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