Motion Picture Industry Summary
The global Motion Picture Industry size was estimated at USD 42.2 billion in 2019 and is projected to reach USD 43.9 billion by 2031, growing at a CAGR of 8.3% from 2021 to 2027. The motion picture industry is witnessing significant growth driven by increasing audience demand for high-quality cinematic experiences, the integration of advanced technologies such as AI-driven editing, immersive VFX, and virtual or augmented reality, as well as the continued rise of streaming services and hybrid release formats. Additionally, market expansion into developing regions, supportive government incentives for film production, and the renewed popularity of specific genres—particularly horror—are further contributing to the industry's momentum.
The Motion Picture Industry in Asia Pacific held a significant share of over 40% in 2019.
The Motion Picture Industry in the India is expected to grow significantly at a CAGR of 11% from 2021 to 2027.
By genre, the action segment is one of the fastest growing segments in the market and accounted for the revenue share of over 23% in 2019.
By demographics, the children segment is expected to be the fastest growing segment in the market during the forecast period.
Market Size & Forecast
2019 Market Size: USD 42.2 Billion
2027 Projected Market Size: USD 43.9 Billion
CAGR (2021-2027): 8.3%
Asia Pacific: Largest market in 2019
North America: Second Largest market in 2019
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.
By Genre
Action segment would exhibit the highest CAGR of 10.4% during 2021-2027.
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.
By Demographics
Children segment would exhibit the highest CAGR of 9.7% during 2020-2027.
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.
By Dimension
3D and Above segment would exhibit the highest CAGR of 10.1% during 2020-2027.
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).
By Region
Asia-Pacific region would exhibit the highest CAGR of 9.5% during 2020-2027.
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.
Motion Picture Industry, by Genre Report Highlights
| Aspects | Details |
 By GENRE |
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 By Demographic |
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 By DIMENSION |
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 By Region |
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 Key Market Players | DREAMWORKS PICTURES, UNIVERSAL PICTURES, 20TH CENTURY FOX, SONY PICTURES MOTION PICTURE GROUP, LIONSGATE FILMS, THE WEINSTEIN COMPANY, WALT DISNEY STUDIOS, WARNER BROS, METRO-GOLDWYN-MAYER STUDIOS, PARAMOUNT PICTURES |
Analyst Review
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.
The motion picture industry size was valued at $ 42,213.0 million in 2019.
The forecast period in the report is from 2021 to 2027.
The motion picture industry size is expected to reach $ 43,960.9 million by the end of 2027.
The base year used for calculation in the motion picture industry report is 2019.
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.
The 3D and above segment is the most influential segment in the motion picture industry.
VFX, Ultra HD 3D technology, usage of autonomous drones are the latest trends in the motion picture industry.
Emerging countries such as India and Spain is likely to grow with a CAGR of 11% and 9.9% respectively.
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