Global Movie and Entertainment Industry Outlook

Movie and entertainment industry

The global movie and entertainment industry is expected to reach an estimated $139 billion in 2017 — with a CAGR of 4.2 percent over the next five years. This growth is likely to be driven by the acceleration of online and mobile distribution of movies, lower admission prices, and government policy initiatives in developing countries.

Online and mobile distribution of movies is expected to be the fastest growing sector in future with growing dominance of the internet experience over all content consumption and increasing broadband penetration.

The APAC, Latin America, and Middle East are projected to lead the industry.

via Companies & Markets

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About David H Deans

Principal Consultant and Founder of GeoActive Group USA - http://www.geoactivegroup.com - follow @dhdeans
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