U.S. Share in Movies and Entertainment Market to Drop, Expects MarketLine in Its New Report Published at MarketPublishers.com02 Nov 2016 • by Natalie Aster
LONDON – As of 2015, a value of the world’s market for movies and entertainment totaled approximately USD 79.9 billion. It grew at a 2.5% CAGR over the period 2011-2015.
Music and video made up the most lucrative segment of the marketplace, and it had more than USD 40 billion in terms of value. This segment held a share of around 51% of the overall value of this market.
In terms of geography, the U.S. takes the lead, its share is estimated at slightly over 33%.
Globally, however, the growth is encouraged by such countries as China. That is why APAC is set to significantly increase its share in the years to come.
A share belonging to APAC is forecast to almost reach 35% by 2018, while it stood at slightly over 28% in 2015. In the meantime, a share of the U.S. is set to drop.
New research report “Movies and Entertainment Global Industry Almanac_2016” elaborated by MarketLine offers a deep insight into the situation in the global movies and entertainment marketplace. The study gives estimation of the sizing of the worldwide market as well as key regional and country marketplaces.
It casts light on factors impacting a level of the competition on this space. The report explores performance of this market over the last 5 years. Valuable data on major segments of the marketplace can be found in the research study, too.
Besides, the research report is a source of historical data on this space. Future projections through 2020 are available in the report, as well.
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More new reports by our partner can be found at its page.
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