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Film And Video Market Expansion Continues, with Forecast Valuation of $417.99 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Film And Video Market Size By 2025?
The movie and video industry has seen a robust expansion in recent years. The market size is projected to escalate from $308.47 billion in 2024 to $328.49 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.5%. Numerous factors have contributed to this growth in the past, including the rise in the number of television channels, the broadening of internet accessibility, a surge in mergers within the technology, media, and entertainment sectors, population growth, swift urbanization, and substantial economic development in emerging markets.
How Big Is the Film And Video Market Size Expected to Grow by 2029?
Projected robust expansion in the film and video market size is anticipated in the coming years, which is set to reach $417.99 billion by 2029, with a compound annual growth rate (CAGR) of 6.2%. This predicted growth for the forecasted duration is due to factors such as increasing demand for video content, a surge in the utilization of social media platforms, digitization, and a rise in mobile video consumption. Notable trends for this period are expected to be autonomous drones assisting in film and video production, 3D previsualization, motion capture technology, virtual production, 4K technology, and the growth of streaming and on-demand platforms.
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Which Key Market Drivers Powering Film And Video Market Expansion and Growth?
The surge in mobile video consumption has seen substantial growth in the past few years, a trend that is anticipated to continue throughout the forecast period. This noticeable increase primarily stems from expanding internet access and the proliferation of smartphone usage. For example, Marketsplash, a company in the US providing digital marketing, design, and online publication services, indicates that around 3 billion online users have viewed or watched video content monthly by 2022, on average. Impressively, mobile devices contribute to a whopping 90% of all video viewing instances. Therefore, the expectation is that the escalating trend of mobile video consumption will contribute significantly to propelling the film and video market during the forecast period.
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Which Fast-Growing Trends Are Poised to Disrupt the Film And Video Market?
Autonomous drones are gaining popularity among both mainstream and independent filmmakers as they offer a cost-effective and safer alternative to traditional cranes and cable cams used in film production. These high-tech flying devices, equipped with multi-rotors and high-definition inbuilt cameras, are backboned by intelligent algorithms that allow them to capture videos and photos, bringing about a 360-degree recording experience with minimal human input. They are commonly used for capturing aerial shots and imaging, eliminating the need for a cameraman to be in a helicopter. Notable companies that provide such autonomous drones include DJI, Parrot, Yuneec, Kespry, Insitu, and EHANG.
What Are the Emerging Segments in the Film And Video Market?
The film and video market covered in this report is segmented -
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
Subsegments:
1) By Film And Video Production: Feature Films, Documentaries, TV Series And Web Series, Corporate Videos, Advertising And Commercials
2) By Film And Video Distribution: Theatrical Distribution, Digital Distribution (Streaming Platforms), DVD Or Blu-ray Distribution, TV And Cable Network Distribution
3) By Post-Production Services: Editing Services, Visual Effects (VFX), Sound Design And Mixing, Color Grading
4) By Film And Video Theatres: Multiplex Theatres, Independent Cinemas, Drive-In Theatres
5) By Other Film And Video Industries: Animation Studios, Film Festivals, Educational And Training Videos, Film And Video Archiving Services
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Who Are the Global Leaders in the Film And Video Market?
Major companies operating in the film and video market include 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 Production, Television Interactive Network Agency, ROCC Film Berlin, Aardman Animation, Baby Cow Productions, Ninjapromo, Magneto Films, Bohemian Pictures, Barrandov Studio, Starlite Pictures, Andy Fiord Production, Saint Petersburg Production Team, Family Film Romania, Mbrella Films, Insight Film Studios, Blueprint Entertainment, Muse Entertainment, Maple Pictures, Alliance Films, Seville Pictures, TVA Films, Columbia Pictures, Universal Pictures, 20th Century Fox, Amblin Partners, STX Entertainment, DreamWorks Pictures, Metro-Goldwyn Mayer(MGM), ViacomCBS, Digital FX, Beel Films, Story Productions, 80 Days Films Argentina, 7 Seas Production, Five Corners Film & Video LLC, Vandalo, Altana Films, Jacaranda Films, Doleep Studios, TheCompanyFilms, 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, Silvergreen Productions, Team Trust Productions, Crow Productions, Hive Studio, Beverly Boy Productions, MASR media production, Birthmark Films, Rock Media Production, Icon Studio, Kennysoft Studios, Eaxum, Film Factory, Mixit Creative Media, Astral Studios, Six Degrees Productions, Agent Orange Design, MAGNETIC Global, MajestiX Studio, Red Rabbit Media, The Gate Films, Blink Tower, Incubate Video Productions, Black Light Productions
Which are the Top Profitable Regional Markets for the Film And Video Industry?
North America was the largest region in the film and video market in 2024. Africa is expected to be the fastest growing region in the forecast period. The regions covered in the film and video market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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