This report describes and explains the film and video market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global film and video market reached a value of nearly $287.81 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.21% since 2018. The market is expected to grow from $287.81 billion in 2023 to $391.49 billion in 2028 at a rate of 6.35%. The market is then expected to grow at a CAGR of 6.46% from 2028 and reach $535.34 billion in 2033.
Growth in the historic period resulted from the increased numbers of television channels, increasing internet penetration, rise in movies and entertainment production, rapid urbanization and rising disposable incomes per capita. Factors that negatively affected growth in the historic period include the increase in movie piracy and changes in government regulations and content restrictions.
Going forward, the increasing growth in the media and entertainment sector, increased OTT (Over-The-Top) adoption, increase in demand for higher-quality display resolutions, increasing government support, rising use of social media platforms for promotions and increasing availability of smartphones and tablets will drive the market. Factors that could hinder the growth of the film and video market in the future include high production costs of film and video.
The film and video market is segmented by type into film and video production, film and video distribution, post-production services, film and video theatres and other film and video industries. The film and video production market was the largest segment of the film and video market segmented by type, accounting for 76.09% or $219.0 billion of the total in 2023. Going forward, the into film and video production segment is expected to be the fastest growing segment in the film and video market segmented by type, at a CAGR of 6.69% during 2023-2028.
The film and video market is segmented by genre into action, horror, comedy, documentary, drama and other genres. The drama market was the largest segment of the film and video market segmented by institution type, accounting for 27.72% or $79.77 billion of the total in 2023. Going forward, the horror segment is expected to be the fastest growing segment in the film and video market segmented by institution type, at a CAGR of 8.01% during 2023-2028.
The film and video market is segmented by application into film company, film studio and other applications. The film company market was the largest segment of the film and video market segmented by application, accounting for 44.42% or $127.85 million of the total in 2023. Going forward, the other applications segment is expected to be the fastest growing segment in the film and video market segmented by application, at a CAGR of 7.68% during 2023-2028.
North America was the largest region in the film and video market, accounting for 37.93% or $109.17 billion of the total in 2023. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, the fastest-growing regions in the film and video market will be the Middle East and Africa, where growth will be at CAGRs of 13.04% and 12.38% respectively. These will be followed by Asia-Pacific and Western Europe, where the markets are expected to grow at CAGRs of 9.05% and 7.61% respectively.
The global film and video market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 20% of the total market in 2023. The Walt Disney Company was the largest competitor with a 4% share of the market, followed by Warner Bros. Discovery, Inc with 3.4%, Comcast Corporation with 2.6%, Paramount Global with 2.4%, Vivendi SE with 2.3%, Sony Group Corporation with 1.9%, Compagnie de l’Odet SE (Formerly Financière de l’Odet) with 1.4%, Al Jazeera Media Network with 0.8%, CJ Group (CJ ENM Co. Ltd) with 0.6% and ITV PLC with 0.6%.
The top opportunities in the film and video market by type will arise in the film and video production segment, which will gain $83.76 billion of global annual sales by 2028. The top opportunities in the film and video market by genre will arise in the other genres segment, which will gain $29.48 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by application will arise in the film company segment, which will gain $42.46 billion of global annual sales by 2028. The film and video market size will gain the most in the UK at $34.9 billion.
Market-trend-based strategies for the film and video market include revolutionizing film and video production with innovative professional camera platforms, innovative AI tools enhancing creativity for content creators, introduction of motion capture technology for film and video animation processes, strategic partnerships with OTT platforms for movie distribution, launch of film cameras and software with AI-powered features and integration of 3D model editing software in filmmaking for visual effects.
Player-adopted strategies in the film and video market include focus on strengthening business operations through strategic investments, enhancing operational capabilities through strategic partnerships, enhancing business capabilities through the launch of new content and strengthening business operations through strategic mergers.
To take advantage of the opportunities, the analyst recommends the film and video companies to focus on innovative camera platforms, focus on healthcare documentary production, focus on AI tools to enhance content creation, focus on motion capture technology adoption, focus on enhancing 3D model editing capabilities, focus on film and video production segment, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships to expand distribution, focus on competitive pricing strategies, focus on targeted marketing campaigns, focus on cross-promotion opportunities and focus on effectively targeting end-users of film and video.
The global film and video market reached a value of nearly $287.81 billion in 2023, having grown at a compound annual growth rate (CAGR) of 3.21% since 2018. The market is expected to grow from $287.81 billion in 2023 to $391.49 billion in 2028 at a rate of 6.35%. The market is then expected to grow at a CAGR of 6.46% from 2028 and reach $535.34 billion in 2033.
Growth in the historic period resulted from the increased numbers of television channels, increasing internet penetration, rise in movies and entertainment production, rapid urbanization and rising disposable incomes per capita. Factors that negatively affected growth in the historic period include the increase in movie piracy and changes in government regulations and content restrictions.
Going forward, the increasing growth in the media and entertainment sector, increased OTT (Over-The-Top) adoption, increase in demand for higher-quality display resolutions, increasing government support, rising use of social media platforms for promotions and increasing availability of smartphones and tablets will drive the market. Factors that could hinder the growth of the film and video market in the future include high production costs of film and video.
The film and video market is segmented by type into film and video production, film and video distribution, post-production services, film and video theatres and other film and video industries. The film and video production market was the largest segment of the film and video market segmented by type, accounting for 76.09% or $219.0 billion of the total in 2023. Going forward, the into film and video production segment is expected to be the fastest growing segment in the film and video market segmented by type, at a CAGR of 6.69% during 2023-2028.
The film and video market is segmented by genre into action, horror, comedy, documentary, drama and other genres. The drama market was the largest segment of the film and video market segmented by institution type, accounting for 27.72% or $79.77 billion of the total in 2023. Going forward, the horror segment is expected to be the fastest growing segment in the film and video market segmented by institution type, at a CAGR of 8.01% during 2023-2028.
The film and video market is segmented by application into film company, film studio and other applications. The film company market was the largest segment of the film and video market segmented by application, accounting for 44.42% or $127.85 million of the total in 2023. Going forward, the other applications segment is expected to be the fastest growing segment in the film and video market segmented by application, at a CAGR of 7.68% during 2023-2028.
North America was the largest region in the film and video market, accounting for 37.93% or $109.17 billion of the total in 2023. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, the fastest-growing regions in the film and video market will be the Middle East and Africa, where growth will be at CAGRs of 13.04% and 12.38% respectively. These will be followed by Asia-Pacific and Western Europe, where the markets are expected to grow at CAGRs of 9.05% and 7.61% respectively.
The global film and video market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 20% of the total market in 2023. The Walt Disney Company was the largest competitor with a 4% share of the market, followed by Warner Bros. Discovery, Inc with 3.4%, Comcast Corporation with 2.6%, Paramount Global with 2.4%, Vivendi SE with 2.3%, Sony Group Corporation with 1.9%, Compagnie de l’Odet SE (Formerly Financière de l’Odet) with 1.4%, Al Jazeera Media Network with 0.8%, CJ Group (CJ ENM Co. Ltd) with 0.6% and ITV PLC with 0.6%.
The top opportunities in the film and video market by type will arise in the film and video production segment, which will gain $83.76 billion of global annual sales by 2028. The top opportunities in the film and video market by genre will arise in the other genres segment, which will gain $29.48 billion of global annual sales by 2028. The top opportunities in the film and video market segmented by application will arise in the film company segment, which will gain $42.46 billion of global annual sales by 2028. The film and video market size will gain the most in the UK at $34.9 billion.
Market-trend-based strategies for the film and video market include revolutionizing film and video production with innovative professional camera platforms, innovative AI tools enhancing creativity for content creators, introduction of motion capture technology for film and video animation processes, strategic partnerships with OTT platforms for movie distribution, launch of film cameras and software with AI-powered features and integration of 3D model editing software in filmmaking for visual effects.
Player-adopted strategies in the film and video market include focus on strengthening business operations through strategic investments, enhancing operational capabilities through strategic partnerships, enhancing business capabilities through the launch of new content and strengthening business operations through strategic mergers.
To take advantage of the opportunities, the analyst recommends the film and video companies to focus on innovative camera platforms, focus on healthcare documentary production, focus on AI tools to enhance content creation, focus on motion capture technology adoption, focus on enhancing 3D model editing capabilities, focus on film and video production segment, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships to expand distribution, focus on competitive pricing strategies, focus on targeted marketing campaigns, focus on cross-promotion opportunities and focus on effectively targeting end-users of film and video.
Table of Contents
1 Executive Summary
6 Market Characteristics
8 Film and Video Market, Supply Chain Analysis
9 Customer Information
10 Major Market Trends
11 Film and Video Market - Macro Economic Scenario
12 Global Market Size and Growth
13 Film and Video Market, Regional Analysis
14 Global Film and Video Market Segmentation
15 Film and Video Production Market Sub-Segments
16 Market Comparison with Macro Economic Factors
17 Asia-Pacific Market
18 Western Europe Market
19 Eastern Europe Market
20 North America Market
21 South America Market
22 Middle East Market
23 Africa Market
24 Competitive Landscape and Company Profiles
25 Other Major and Innovative Companies
28 Key Mergers and Acquisitions
29 Market Background: Film and Music Market
30 Opportunities and Strategies
31 Film and Video Market, Conclusions and Recommendations
32 Appendix
Executive Summary
Film and Video Global Market Report 2024 provides the strategists; marketers and senior management with the critical information they need to assess the global film and video market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors..
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for film and video? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The film and video market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider film and video market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by genre and by application market.
- Product Analysis- the product analysis section of the report describes the leading products in the film and video market, along with key features and differentiators for those products.
- Supply Chain - the supply chain section of the report defines and explains the key players in the film and video industry supply chain.
- Customer Information- the chapter covers recent customer trends/preferences in the global film and video market.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- the report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the film and video market.
- Global Market Size and Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type, by genre and by application market in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies Details on the company profiles of other major and innovative companies.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations- This section includes recommendations for film and video providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Film and Video Production; Film and Video Distribution; Post-Production Services; Film and Video Theatres; Other Film; Video Industries2 by Genre: Action; Horror; Comedy; Documentary; Drama; Other Genres
3) by Application: Film Company; Film Studio; Other Applications
Key Companies Mentioned: the Walt Disney Company; Warner Bros. Discovery Inc; Comcast Corporation; Paramount Global; Vivendi SE
Countries: China; Australia; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam, Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Brazil; Mexico; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Chile; Argentina; Colombia; Peru; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; film and video indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes."
Companies Mentioned
- The Walt Disney Company
- Warner Bros. Discovery Inc
- Comcast Corporation
- Paramount Global
- Vivendi SE
- Sony Group Corporation
- Compagnie de l’Odet SE (Formerly Financière de l’Odet)
- Al Jazeera Media Network
- CJ Group (CJ ENM Co. Ltd)
- ITV PLC
- IMAX Corporation
- China Film Co., Ltd.
- News Corp. Australia
- BBC Studios
- Werner Film Productions Pty Ltd.
- Reliance Entertainment Studios Pvt. Ltd.
- Vistas Media Capital (VMC)
- Prime Focus Limited (PFL)
- DNEG
- Sony Music Entertainment
- Sony Pictures Entertainment
- Tata Communications
- 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
- All3Media
- RedBird IMI
- Sony Music
- The Match Factory
- Mubi
- Superprod Group
- iFiLM France
- Renata Pepper
- Froggie Production
- SHOTZ PRODUCTION
- Watchmen Productions
- Television Interactive Network Agency
- ROCC Film Berlin
- Baby Cow Productions
- 42
- Ninjapromo
- Magneto Films
- PFX Group
- Sony Pictures Classics
- Netflix
- Bohemian Pictures (Czech Republic)
- Barrandov Studio (Czech Republic)
- Starlite Pictures (Czech Republic)
- Fiord Production (Russia)
- Saint Petersburg Production Team (Russia)
- Family Film Romania (Romania)
- Mbrella Films (Poland)
- Telefilm Canada
- IMAX Corporation
- Netflix
- The Walt Disney Company
- Amazon.com, Inc.
- Comcast Corporation
- Sony Group Corporation
- Lionsgate
- Metro-Goldwyn-Mayer (MGM)
- Universal City Studios LLC
- Paramount Pictures Corporation
- Warner Bros. Pictures
- DreamWorks Animation LLC
- Regal Cinemas
- Cinemark Holdings, Inc.
- AMC Entertainment Holdings, Inc
- Discovery, Inc
- Movella
- Lionsgate
- Netflix
- The Walt Disney Company
- Amazon.com, Inc.
- Comcast Corporation
- Sony Group Corporation
- Lionsgate
- Metro-Goldwyn-Mayer (MGM)
- Universal City Studios LLC
- Paramount Pictures Corporation
- Warner Bros. Pictures
- DreamWorks Animation LLC
- Regal Cinemas
- Cinemark Holdings, Inc.
- AMC Entertainment Holdings, Inc
- Discovery, Inc
- Movella
- Lionsgate
- Lightricks
- The Edge Picture Company
- 3SIX9 Studios
- twofour54
- Koko Production
- Doleep Studios
- The Company Films
- 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
- Amazon Prime Video
- Sentech
- Pixel Ray Studios
- Afreximbank
- Paymob
- Nigerian Film Corporation (NFC)
- Silver green Productions
- Team Trust Productions
- Crow Productions
- Hive Studio
- Beverly Boy Productions
- MASR media production
- Birthmark Films
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 525 |
| Published | November 2024 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value ( USD | $ 287.81 Billion |
| Forecasted Market Value ( USD | $ 535.34 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 142 |
