Market Insights and Analysis: Global Movies and Entertainment Market Overview and Projections (2023-2028)
The Global Movies and Entertainment Market size was valued at USD 87.76 Billion in 2022 and is projected to grow at a CAGR of around 7.32% during the forecast period, i.e., 2023-28. The prime factor driving the market is the rise of digitalization trends worldwide, backed by advancements in technologies, such as AI, AR, & VR, which have enabled diverse audiences worldwide to access personalized content easily.
Top leading companies in the Global Movies and Entertainment Market includes:
CBA Corporation and CBS Broadcasting Inc., Sony Entertainment, Inc., The Walt Disney Company, Time Warner, 21st Century Fox, Viacom Inc., Comcast, Netflix, Inc., Vivendi, Universal Pictures, Discovery Inc., Verizon Communications Inc., Alphabet Inc., Baidu Inc., Grupo Globo.
Global Movies and Entertainment Market Growth Opportunity
Shifting Preferences toward Original Shows- The streaming services sector of the movie and entertainment industry is constantly evolving & changing, and it has recently touched its saturation point, where there's a mounting demand for original series on OTT platforms as viewers look for something new & fresh. Original content is a great way to meet this demand as it can create edgier & more provocative shows that users can't find on traditional networks, consequently drawing the attention of more adventurous viewers seeking diverse & engaging content that meets their preferences.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product
-Movies- Market Size & Forecast 2018-2028, USD Million
-Music- Market Size & Forecast 2018-2028, USD Million
-Videos- Market Size & Forecast 2018-2028, USD Million
-Others- Market Size & Forecast 2018-2028, USD Million
By Type
-Print Media- Market Size & Forecast 2018-2028, USD Million
-Digital Media- Market Size & Forecast 2018-2028, USD Million
-Streaming Media- Market Size & Forecast 2018-2028, USD Million.
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Global Movies and Entertainment Market Geographic Reach:
The Geographic Reach of the Global Movies and Entertainment Market evaluates the spread and significance of Global Movies and Entertainment market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
· North America: USA, Canada, Mexico
· Europe: France, Germany, Italy, United Kingdom, Spain, Rest of Europe
· Asia-Pacific: China, India, Japan, Australia, South Korea, Rest of Asia-Pacific
· South America: Brazil, Argentina, Rest of South Americ
· Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa.
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