DUBLIN, June 21, 2021– (BUSINESS WIRE) – The report “Film and Music Global Market Report 2021: COVID-19 Impact and Recovery to 2030” has been added to ResearchAndMarkets.com offer.
The global film and music market is expected to grow from $ 289.13 billion in 2020 to $ 308.97 billion in 2021 at a compound annual growth rate (CAGR) of 6.9%.
The Global Film and Music Market 2021: Impact and Recovery of COVID-19 to 2030 report provides strategists, marketers and senior management with the essential information they need to assess the global market. film and music coming out of the COVID-19 shutdown.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market share, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger film and music market and compares it to other markets.
Major companies in the film and music market include Time Warner; Sony; CBS Company; Walt Disney and Twenty First Century Fox.
The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 392.34 billion in 2025 at a CAGR of 6%.
The film and music market includes revenues derived from the production and / or distribution of films, videos, television programs or advertisements, the showing of films or the provision of post-production services and services. related or the production and distribution of music recordings, music publishing, or the provision of sound recordings and related services earned by entities (organizations, sole proprietorships and partnerships) that are in the industry cinematographic and musical. The film and music market is segmented into music recording and film and video.
North America was the largest region in the global film and music market, accounting for 39% of the market in 2020. Western Europe was the second largest region, accounting for 34% of the global film and music market. the music. Africa was the smallest region in the world film and music market.
Film and music production companies are increasingly embracing motion capture technology to reduce the costs associated with keyframe-based animation. Motion capture is the process of recording a live motion event and translating it into actionable data that enables a 3D recreation of the performance.
To achieve this, artists must wear reflective markers all over the body which are then interpreted by a computer and turned into digital 3D models. Thanks to this technology, real-time results are obtained faster and it also reduces the cost of keyframe animation. Some recent box office blockbusters that incorporated motion capture technology include Avengers, Captain America, Beauty and the Beast, Guardians, Iron Man, and others.
Penetration of new distribution platforms such as Internet Protocol Television (IPTV) and Direct-to-Home Broadcasting (DTH) and online platforms such as YouTube, Vimeo is driving the growth of the film and video market. music. The digitization of television platforms paves the way for better sound and image quality for viewers and increased income for value chain actors.
It also translates into more bandwidth for broadcasters to provide value-added services, thus increasing revenues. Digital production techniques in films have reduced processing and storage costs. Digital distribution and exposure has improved image quality and shortened the broadcast window. These factors are expected to positively impact the growth of the market during the forecast period.
Main topics covered:
2. Structure of the report
3. Characteristics of the film and music market
3.1. Market definition
3.2. Key segmentation
4. Product analysis of film and music market
4.1. Leading products / services
4.2. Main characteristics and differentiators
4.3. Development products
5. Film and music market supply chain
5.1. Supply chain
5.3. End customers
6. Customer information on the film and music market
6.1. Customer Preferences
6.2. End-use market size and growth
7. Trends and strategies of the cinema and music market
8. Impact of COVID-19 on cinema and music
9. Size and Growth of Film and Music Market
9.1. Market size
9.2. Historical market growth, value (in billions of dollars)
9.2.1. Market pilots
9.2.2. Market restrictions
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market pilots
9.3.2. Market restrictions
10. Regional Analysis of Film and Music Market
10.1. Global Film and Music Market, 2020, by Region, Value (USD Billion)
10.2. Global Film and Music Market, 2015-2020, 2020-2025F, 2030F, historical and forecast, by region
10.3. Global Film and Music Market, Growth and Market Share Comparison, by Region
11. Segmentation of the film and music market
11.1. Global Film and Music Market, Segmentation by Type, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
Film and video
12. Film and music market segments
12.1. Global Music Recording Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Record Production; music publishers; Distribution of recordings; Sound recording studios
12.2. Global Film and Video Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Film and Video Production; Distribution of films and videos; Post-production services; Cinemas and video cinemas; Other film and video industries
13. Film and music market metrics
13.1. Film and music market size, percentage of GDP, 2015-2025, global
13.2. Average per capita film and music market expenditure, 2015-2025, global
21st century fox
For more information on this report, visit https://www.researchandmarkets.com/r/b4p5f2
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210621005389/en/
Laura Wood, Senior Press Director
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