Film And Music Market Characteristics
The film and music industry market consists of the revenues from the production and/or distribution of motion pictures, videos, television programs, or commercials, from the exhibition of motion pictures or from the provision of postproduction and related services or of the production and distribution of musical recordings, from publishing music, or from providing sound recording and related services earned by entities (organizations, sole traders and partnerships) that are in the film and music industry.
Competitive Landscape of the Film And Music Market
Major players in the global film and music market include Time Warner, Sony, CBS Corporation, Walt Disney, Twenty First Century Fox.
Film And Music Market Size
The film and music market size is expected to reach $470 billion by 2022, significantly growing at a CAGR of around 4.8% during the forecast period. The growth in the film and music market is due to growth of emerging markets, increase in television channels, and technology
However, the market for film and music is expected to face certain restraints from several factors such as regulations, global media piracy.
Film And Music Market Segmentation
The global film and music market is further segmented based on type and geography.
By Type - The film and music market is segmented into film and video and music recording, among these segments, the television broadcasting market accounts for the largest share in the global film and music market.
By Geography - The global film and music is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America film and music market accounts the largest share in the global film and music market.
Trends in the Film And Music Market
Motion capture stereoscopic 3D (S3D) and digital out-of-home advertising are the major trends witnessed in the global film and music market.
Potential Opportunities in the Film And Music Market
With emergence of digitization, increase in mobile video viewing, the scope and potential for the global film and music market is expected to significantly rise in the forecast period.