Press release
Global Movies & Entertainment Market Forecast 2025-2034: Growth Trajectory, Strategic Developments & Emerging Industry Trends
Global Movies & Entertainment Market
The worldwide movies and entertainment market was valued at $103.75803 billion in 2024, recording a 6.91% CAGR since 2019. The market is projected to increase from $103.75803 billion in 2024 to $159.78403 billion by 2029, reflecting a 9.02% growth rate. It is then expected to expand further at a CAGR of 8.01%, ultimately reaching $234.83024 billion in 2034.
🔹 Strategies Followed by Leading Market Participants
Major companies in the movies and entertainment space are pursuing strategies such as:
• Strengthening market presence through targeted acquisitions and collaborative partnerships
• Broadening operational capacity by launching new products and services across the entertainment landscape
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🔹 Recommendations to Unlock Growth Opportunities
To maximize industry opportunities, The Business Research Company recommends that movies and entertainment companies expand their offerings by:
• Pushing the adoption of next-generation HDR technologies to deliver more immersive visual content
• Using AI-powered video-generation platforms to revolutionize content production and improve efficiency
• Enhancing real-time virtual production tools to transform filmmaking and digital content creation
• Upgrading home entertainment ecosystems with advanced audiovisual innovations that replicate cinematic viewing at home
🔹 Market Overview: What Defines the Movies & Entertainment Industry?
The movies and entertainment sector covers the development, production, distribution, and exhibition of films, TV shows, music, and digital content. It spans filmmaking, post-production, broadcasting, streaming, live performances, and related segments such as talent management, licensing, and marketing.
The main objective of the industry is to inform, entertain, and engage audiences through visual and narrative creativity.
Entertainment content is consumed continuously throughout the year, with demand rising during evenings, weekends, holiday seasons, and major release schedules. Complementary products and services include televisions, audio systems, mobile devices, cinema infrastructure, and internet services. Substitutes include video gaming, podcasts, live sports, and other interactive media. Content is accessed via multiple channels including theaters, TV, mobile streaming platforms, and digital downloads.
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🔹 Major Companies Operating in the Movies & Entertainment Market
The top 10 companies accounted for 23.67% of the market in 2024.
The Walt Disney Company led the industry with a 4.96% share, followed by:
• Comcast Corporation (DreamWorks Animation LLC / NBCUniversal)
• Netflix Inc.
• Amazon.com Inc. (Prime Video)
• Alphabet Inc. (YouTube)
• Sony Group Corporation
• Groupe CANAL+
• Paramount Global
• CJ Group (CJ ENM Co. Ltd)
• Al Jazeera Media Network
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The Business Research Company (www.thebusinessresearchcompany.com) is a globally trusted provider of market intelligence specializing in company, industry, and consumer research. With more than 17,500+ reports covering 27 industries and 60+ geographies, our insights are based on 1.5 million datasets, extensive secondary research, and interviews with leading industry professionals.
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