PUBLISHER: MarketLine | PRODUCT CODE: 1930565
PUBLISHER: MarketLine | PRODUCT CODE: 1930565
Global Movies & Entertainment industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The movies & entertainment market is segmented into box office and music & video.
The box office segment includes revenues received by box offices from total annual admissions. Music & video segment covers retail sales of pre-recorded music singles and albums, and pre-recorded films and television programs in any format (including vinyl, CDs, VCDs, DVDs, Blu-Ray disks, and paid downloads).
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global movies & entertainment market recorded revenues of $46,002.2 million in 2024, representing a negative compound annual growth rate (CAGR) of 7.2% between 2019 and 2024.
The music & video segment accounted for the market's largest proportion in 2024, with total revenues of $25,912.4 million, equivalent to 56.3% of the market's overall value.
The global market contraction during 2019-24 is primarily attributed to the strong contraction in 2020 due to the COVID-19 impact.