Movies and Entertainment Market Size, Share, Growth, Trends and Industry Statistics Report, 2018 to 2025

Global movies & entertainment market was valued at USD 80.98 billion in 2016 and is expected to keep growing over the forecast period. Increasing popularity of 3D movies that give the audience experience of virtual reality is projected to drive growth.

ID: 1554022
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(businesspress24) - Global movies & entertainment market is estimated to reach USD 114.93 billion by 2025, according to a new report by Grand View Research, Inc. Introduction to newer marketing and distribution platforms such as IPTV, digital newspapers, DTH, digital cable, and online sales of music & movies is anticipated to boost industry progress.

Decline in revenue growth in mature markets such as the U.S. and few European countries is witnessed. Major players have adopted strategies like regional expansion and distribution partnerships for expansion to untapped markets. These players have shifted their focus on the production of regional content to establish a strong connection with the audience in these markets.

Big studios are witnessed to adopt enhanced marketing strategies that use advanced digital technology for communication. Investment in promotional activates has increased drastically. Introduction of improved promotional channels is expected to positively influence revenue growth.

Rapid increase in streaming of music has created new opportunities for players to expand their business. Reduction in piracy rates due to the emergence of online streaming service providers is anticipated to prevent loss incurred by artists and producers.

The market has a low competitive rivalry due to the presence of a broad range of audience with different tastes. However, players need to compete to gain large share revenue by attracting more audience. Key players concentrate on establishing a strong connection with the audience through promotional events, consumer goods, and television shows.

Lucrative growth in Asia Pacific countries such as China, South Korea, and India is projected. This is due to the presence of higher young population, rapid adoption of digital technology, and increased disposable income of families in these countries.

Further key findings from the study suggest:


& visual effects giving users the experience of virtual reality is anticipated to positively influence revenue growth.

& video are poised with fastest growth rate owing to the rapid adoption of online streaming by the audience.


& DreamWorks Animation LLC.).



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movies, entertainment, movies-und-entertainment, movies-and-entertainment, movie-industry, entertainment-industry,



Company information / Profile:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com



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published by: HexaResearch
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Date: 11/19/2019 - 03:52
Language: English
News-ID 1554022
Character count: 2247
Kontakt-Informationen:
Firma: Grand View Research, Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: San Francisco
Telefon: 1-888- 202-9519

Meldungsart: Financial
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Freigabedatum: 18.11.2019
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