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2020
Motion Picture Industry by Genre

Motion Picture Industry by Genre (Action, Comedy, Drama, Fantasy, Horror, Romance, and Others), Demographics (Children and Adult), and Dimension (3D & Above and 2D): Global Opportunity Analysis and Industry Forecast, 2021–2027
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A06789
Pages: 250
Aug 2020 | 7608 Views
Author(s) : Himanshu Vig , Roshan Deshmukh
Tables: 111
Charts: 33
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The motion picture industry size was valued at $ 42,213.0 million in 2019, and is expected to reach $ 43,960.9 million by 2027, registering a CAGR of 8.3% from 2021 to 2027. The adult segment led in terms of motion picture industry market share in 2019 and is expected to retain its dominance throughout the forecast period.

Global entertainment industry is growing steadily, with China, India and Southeast Asian countries outperforming the average growth. These countries are among the world’s youngest nations with more people under the age of 25. Rise in disposable incomes along with favorable demographics have resulted in increased propensity to spend on entertainment and leisure. With the expansion of theatres, markets in countries such as India, China, and other Southeast Asian nations are surging. Growing middle class population coupled with increasing per capita income, and working population are all together generating colossal domestic demand for leisure services including entertainment. Players operating in the region are rapidly diversifying their offerings beyond their traditional domains thus leveraging synergies and building presence across diversified segments of the entertainment industry. Globalization of the motion picture industry, along with emergence of multiple entertainment options supplemented by relative easy access to capital have been some of the key growth factors that are driving the global motion picture market across geographies.

Motion-Picture-Industry

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The film industry has always been driven by human inventiveness coupled with technological advancements. 3D films, VFX, Ultra HD 3D technology, autonomous drones have already revolutionized the motion picture industry. Virtual reality is the new technological advancement the film industry is leaping to. With the help of virtual reality film makers are now venturing to different genres, from 360º movies, to interactive narratives to animated movies. The VR in motion picture industry is still in its nascent stage; however, the technology has potential to be accepted by masses and transform the film viewing experience.

However, the industry faces a major challenge of piracy. According to the new study from the U.S. Chamber of Commerce's Global Innovation Policy Center “global online piracy costs the U.S. economy at least $29.2 billion in lost revenue each year. Digital video piracy results in significant losses to the U.S. economy, harming businesses ranging from content production firms to the innovative technology companies that are driving the digital distribution revolution.” Digital piracy of films results in huge profit losses for the engaged stakeholders. Piracy processes a much greater risks to the film industry. Though there are laws and safeguard techniques such as digital watermarks to prevent piracy of content; however, high penetration of file-sharing technologies such as BitTorrent software have resulted in increased financial pressure on the movie industry.

Segment review

The motion picture industry is segmented into genre, demographics, dimension and region. By genre, the global market is classified into action, comedy, drama, fantasy, horror, romance, and others. By demographics, it is bifurcated into children and adult. By dimension, the market is divided into 3D & above and 2D. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Motion Picture Industry by Genre
By Genre

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Action segment would exhibit the highest CAGR of 10.4% during 2021-2027.

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By genre, the global market is classified into action, comedy, drama, fantasy, horror, romance, and others. The fantasy segment accounts for the major motion picture industry share; however, the action segment is poised to grow with the highest CAGR during the analysis period. 

Motion Picture Industry by Genre
By Demographics

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Children segment would exhibit the highest CAGR of 9.7% during 2020-2027.

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By demographics, the global motion picture industry is bifurcated into adult and children. The adult segment leads in terms of market share; however, the children segment is expected to gain market share in the upcoming years. The adult segment of the report covers the expenditure by the consumer who are above 18 years of age. The adult segment prefers genres such as horror, thriller, romance, auto biographies, and others. Furthermore, in-theatre dining has been increasingly trending amongst the adult segment of the industry.

Motion Picture Industry by Genre
By Dimension

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3D and Above segment would exhibit the highest CAGR of 10.1% during 2020-2027.

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By dimension, the motion picture industry is divided into 3D & above and 2D. The 2D format of the motion picture industry leads in terms of market share; however, the 3D & above is expected to grow with higher CAGR during the forecast period. 3D animation differs significantly from 2D, both in terms of the process used to create it but the end result as well. 3D animation produces a more realistic character that is represented in all three dimensions (height, width and depth).

Motion Picture Industry by Genre
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific region would exhibit the highest CAGR of 9.5% during 2020-2027.

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The report focuses on the motion picture industry growth prospects, restraints, and opportunities of the global market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the motion picture industry.

Some of the key players profiled in the motion picture industry analysis included are Warner Bros., Sony Pictures Motion Picture Group, Walt Disney Studios, Universal Pictures, 20th Century Fox, Paramount Pictures, Lionsgate Films, The Weinstein Company, Metro-Goldwyn-Mayer Studios, and DreamWorks Pictures.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging motion picture industry trends and opportunities.
  • The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing motion picture industry opportunities in the market.
  • The motion picture industry forecast is offered along with information related to key drivers, restraints, and opportunities.
  • The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.

Key Market Segments & Key Market Players

Segments Sub-segments
BY GENRE
  • ACTION
  • COMEDY
  • DRAMA
  • FANTASY
  • HORROR
  • ROMANCE
  • OTHERS

By Demographic
  • CHILDREN
  • ADULT

BY DIMENSION
  • 3D AND ABOVE
  • 2D

By Region
  • NORTH AMERICA
    • US
    • CANADA
    • MEXICO
  • EUROPE
    • UK
    • GERMANY
    • FRANCE
    • ITALY
    • SPAIN
    • REST OF EUROPE
  • ASIA PACIFIC
    • CHINA
    • INDIA
    • JAPAN
    • ASEAN
    • SOUTH KOREA
    • REST OF ASIA-PACIFIC
  • LAMEA
    • LATIN AMERICA
    • MIDDLE EAST
    • AFRICA

Key Market Players
  • WARNER BROS
  • SONY PICTURES MOTION PICTURE GROUP
  • WALT DISNEY STUDIOS
  • UNIVERSAL PICTURES
  • 20TH CENTURY FOX
  • PARAMOUNT PICTURES
  • LIONSGATE FILMS
  • THE WEINSTEIN COMPANY
  • METRO-GOLDWYN-MAYER STUDIOS
  • DREAMWORKS PICTURES
 

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The widespread lockdown and stringent regulations across the nations have caused perilous impact on the motion picture industry. The industry has seen colossal losses owing to cancellations and postponements of film screenings, productions and promotions due to physical distancing measures and travel restrictions. However, the film industry is expected to rebound with easing of restrictions across the world. Productions of films are now taking place with new COVID-19 protocols in place, including personal protective equipment for the crew, physical distancing on sets. The government across countries are providing financial assistance to the industry, however restoring consumer confidence in watching films at theatres remains a major challenge for the engaged players. The film industry has been reshaped during the pandemic with the emergence of the OTT service providers. Enriched experience combining quality content with new technology will provide cutting edge to the highly competitive film industry.

 

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FREQUENTLY ASKED QUESTIONS?

A. The motion picture industry size was valued at $ 42,213.0 million in 2019.

A. The forecast period in the report is from 2021 to 2027.

A. The motion picture industry size is expected to reach $ 43,960.9 million by the end of 2027.

A. The base year used for calculation in the motion picture industry report is 2019.

A. Some of the leading players in the motion picture industry are Warner Bros., Sony Pictures Motion Picture Group, Walt Disney Studios, Universal Pictures, Paramount Pictures, Lionsgate Films and The Weinstein Company.

A. The 3D and above segment is the most influential segment in the motion picture industry.

A. VFX, Ultra HD 3D technology, usage of autonomous drones are the latest trends in the motion picture industry.

A. Emerging countries such as India and Spain is likely to grow with a CAGR of 11% and 9.9% respectively.

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