Global Film And Music Market 2022 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Vivendi SA, Sony Corp, The Walt Disney Company, Universal Music Group, Financière de l'Odet
The global film and music market report by the business research company identifies penetration of newer distribution platforms like internet protocol television (IPTV) and Direct-to-home (DTH) and online platforms such as YouTube, Vimeo to be a major growth driver for the film and music market. Digitization of TV platforms is paving the way for better sound and picture quality for viewers and increased revenues for stakeholders in the value chain. This is also resulting in more bandwidth for broadcasters to provide value-added services, thereby boosting revenues. Digital production techniques in films have reduced processing and storage costs. Digital distribution and exhibition have led to enhanced picture quality and shortened release window. These factors are expected to positively impact the growth of the market during the forecast period.
The global film and music market grew from $291.83 billion in 2021 to $323.44 billion in 2022 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The film and music market is expected to grow to $417.5 billion in 2026 at a CAGR of 6.6%.
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North America was the largest region in the film and music market in 2021. Western Europe was the second-largest region in the film and music market. The regions covered in the film and music report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major companies in the film and music market include Vivendi SA, Sony Corp, The Walt Disney Company, Universal Music Group, Financière de l'Odet, Comcast Corporation, Warner Music, Viacom Inc., CBS Corporation, and FUJI MEDIA HOLDINGS INC.
The global Film And Music market is segmented -
1) By Type: Music Recording, Film And Video
2) By End User: Individual Users, Commercial Users, Others
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The Film And Music Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Film And Music Market Characteristics
4. Film And Music Market Product Analysis
5. Film And Music Market Supply Chain
22. Key Mergers And Acquisitions In The Film And Music Market
23. Market Background: Media Market
26. Copyright And Disclaimer
This report covers the trends and market dynamics of the Film And Music market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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