There is a persistent myth that video games are bigger than the movies. Leading film markets worldwide by gross box office revenue 2018. Based on the activity that was associated with the. China challenges the us for global box office leadership pwc. The global automotive film market size was estimated at usd 5. The global music report 2016 outlines the state of the recorded music market worldwide and highlights innovation and investment within the industry as it advances into the digital era. Indian film industry, bollywood industry facts, revenue. Indian cinema produces more films watched by more people than any other country. Ten years ago, when jeffrey yang, a lawyer with reed smith, returned to his native shanghai after almost a decade working in london, he found the streets teeming with hawkers peddling pirated dvds. Moviegoing hit record levels in 2016, setting a new highwater mark for the film industry, but only reaching the new pinnacle by a hair. The biggest film market was in the united states, which had a box office revenue of. The movie used many chinese elements, its main scenes were shot in china, and. Massolution crowdfunding industry 2015 report total global crowdfunding industry estimated fundraising volume in 2015.
Regardless of how you influence business decisions, the outlook can help you understand industry trends so you can capitalise on. Moviegoing hit record levels in 2016, setting a new highwater mark for the. A recordshattering nine films joined, or are days away from joining, the billiondollar club. The industry offers attractive possibilities for international companies, both large and small, and provides film production tax incentives. Global box office revenue was essentially flat, rising a pe. India is already the largest film industry in the world in terms of the number of films produced but lags behind the market leader us and other countries.
Global protective film industry 2016 market research report. The international growth was led by china, which rebounded last year after a slowdown in 2016, when the market was hurt by subpar films and. The chinese box office and film admissions are growing year after year and chinese film and related companies are able to make business more and more abroad. The film industry or motion picture industry, comprises the technological and commercial. China, hollywood, and the global future of film production the numbers game offers a look at where the global film industry may be headed. Airline industry profits expected to increase by 12% in 2016. The global film industry shows healthy projections for the coming years. In this area of the site, youll find over 2,000 pages of information detailing the changes that have shaped the industry.
Global window film industry 2016 market research report. The united states, however, still remains the worlds biggest paytv market by some distance, accounting for 46% of the total global revenue in 2018. Customers buy movie tickets in a wanda imax cinema in china. In addition, various problems in recent years have compelled the american film industry to not only maintain the global market share that it has won but also increase it further, by finding fresh markets offering significant new revenues with promising growth prospects. Key trends in european cinema international union of. The countrys film industry now generates billions of dollars in revenue annually, and four of the top20 grossing features in 2019 were produced in china. The growing utilization of automotive wraps to protect vehicles with booming automotive industry and applications of automotive films in transit advertising is expected to drive growth over the next four years. The statistic displays a the global box office revenue from 2014 to 2018, broken down by format. When people say movies the number used is for box office receipts only. Entertainment and media revenue nearing industry plateau. Welcome to this, our latest summary of key trends in one of the most diverse, innovative and.
Using pwcs wellrespected film industry statistics are sure to gain you credibility with film investors. The global film industry shows healthy projections for the coming years, as the global box office revenue is forecast to increase from about 38 billion u. Annual turnover revenue of indian film industry found doubled from years 20142016. Global box office revenue was essentially flat, rising a percentage point.
Pdf global film market, regional problems researchgate. In recent years, chinese cinema has experienced explosive growth. The film industry statistics report covers global filmed entertainment growth by region north america, emea europe, middle east, africa, asia pacific and latin america and highlights the standout changes in market growth per year by region. Welcome to our reference library analyzing trends in the domestic movie industry since. Domestic movie theatrical market summary 1995 to 2020. Get up to speed on any industry with comprehensive intelligence that is easy to read. In 2016, the indian film industry continued to grow and the country was. Automotive film market size, share global industry. Music industrys revenue continues to grow, but beneath.
Englishlanguage culture is the most globalized of all cultures, despite china and india having internal populations to rival the global english footprint. Global movie box office revenue growth slowed last year as international receipts declined for the first time in 12 years, reflecting a cooling in chinas onceredhot film market, according to a new report. A momentous shift in the global cinema markets balance of economic power. The q2 2016 update of newzoos global games market premium service was made available to its clients this week. China, hollywood, and the global future of film production. Streaming remains the industrys fastestgrowing revenue source.
The report includes an extensive analysis of key industry drivers, restraints, market trends and market structure. Years ago mp3 players and itunes all but destroyed the traditional album, and more recently even permanent digital downloads began to see a dip in sales, down as much as % in 202014. Economic impact of the film industry in new york state. Film industry statistics for your movie business plan.
The major source of indian film industry comes from the bollywood film industry, another top 5 film industries in india are malayalam film industry, tamil film industry, kannada film industry, telugu film industry and bengali film industry. The latest revenue and gamer estimates by segment on a global, regional and country level can now be analyzed in newzoos games market dashboard. The film industry differs from software, however, in functioning primarily as a cultural export. Whenever we come across some good investment crowdfunding industry statistics well add them to this page for easy reference. Hollywood films have often been regarded as evident examples for discussions about globalization and its cultural impacts hozic, 2014. You can find the below data and more in our free global games market 2016 report. For this reason, hollywood is the dominant film industry in globalism and trade. Cinema is immensely popular in india, with as many as 2,000 films produced in various languages every year. Globalization is a main concept in studying hollywood cinema and its global film industry. Global film market, regional problems sage journals. The numbers for 2018 show that the industry is continuing on the growth path that started in 2016 after an 11year slump. Mpaa theatrical market statistics 2016 motion picture association.
Demand for data has never been greater as digital technology transforms the ways in which films are produced, distributed and consumed by audiences in theatres and homes. Strong growth will continue over the forecast period, with the market expanding at an 8. The uis is the only statistical agency to provide a global perspective on the worlds most lucrative cultural industry and one of the most popular cultural practices moviewatching. The music industry has had a gloomy outlook for more than a decade. Wolf totem, released in early 2015, was a chinafrance coproduction.
The cinema of india consists of films produced in the nation of india. The following article is part of a series examining how the film industry is responding to the coronavirus outbreak. On a global scale, box office revenue is expected to continue. Global industry analysis and forecast, 2016 2024, a new report by persistence market research offers insights into the various factors driving the popularity of rfid technology in five regions across the globe. The indian film industry is the largest in the world in terms of number of films produced with between 1,500 to 2,000 films produced every year in more than 20 languages. Theatrical market statistics motion picture association.
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