Movie Market Scope
After a good demand for movies in FY 2019, the COVID-19 pandemic had brought so many challenges for production houses in FY 2020. The Indian movie industry is growing at a healthy pace & is considered one of the fastest-growing movie industries across the world as it is already the second oldest movie industry across the world. In FY 2020, the COVID-19 has brought so many aspects such as postponing of films, TV and web series which had been halted, theaters unable to screen movies, the employment industry across the movie sector was facing difficulties of another level. So many expected movies which were to be released in 2020 was been postponed due to the lockdown wherein some of which were been released on OTT platforms. The Federation of Western Indian Cine Employees (FWICE) and Indian Film & Television Directorsí Association (IFTDA) decided to halt the shooting of movies, TV, and web series in 2020. The Indian movie market was valued at USD 2.52 Billion and it is expected to grow at a healthy pace with a CAGR of 10.7% during the forecast period, according to the AMA study. The increasing demand for cinemas across India and the growing media & entertainment industry is expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 and it is expected to start regaining its growth after the first half of 2021.
The Movie market study is segmented by Type (Action Films, Comedy Movies, Romantic Movies, Adventure Films, Animated Movies and Others), by Application (Kids, Adults and All) and major geographies with country level break-up.
The vendors in this market are majorly focusing on producing movies with new concepts in order to cater to the market's demands to remain competitive in the market. The recent industry crisis due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries had been shut down for FY 2020 which has hampered the market growth.The Vendors having a strong hold in the market are Balaji Motion Pictures, Dharma Production, Yash Raj Films. Research Analyst at AMA estimates that India Vendors will contribute to the maximum growth of Global Movie market throughout the predicted period.
Balaji Motion Pictures (India), Dharma Production (India), Yash Raj Films (India), Rajshri Production (India), Eros International Media (India), Red Chillies Entertainment (India), UTV Motion Pictures Ltd. (India), Vinod Chopra Productions Ltd. (India), Bhansali Production (India), Vishesh Film (India), JA Entertainment (India), Nadiadwala Grandson Entertainment Pvt Ltd (India), Reliance Big Entertainment (India), Amir Khan Production (India), Excel Entertainment (India) and Anurag Kashyap Films Pvt Ltd (India) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Movie market by Type, Application and Region.
On the basis of geography, the market of Movie has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Stringent Government Regulations Regarding Shutting Down of Theaters and Implementation of Lockdown Along With Social Distancing Measures Had Generated the Barriers for the Indian Movie Industry in FY 2020
- Rising Trend of Real-Life Based Movies
- Growing Demand for Cinema Across India
- The Growing Media & Entertainment Industry
- Rising Investments Across the Movie Industry in India is Expected to Generate Huge Opportunities for Market Vendors During the Forecast Period
- The Growing Demand for Different Types of Web Series Reducing the Demand for Movies Across the Country
- Losses Due to the Postponement of Expected Movie Releases Due to COVIID-19 Pandemic
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Movie Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.
3. What is expected growth rate?
According to AMA, the Global Movie market is expected to see growth rate of 10.7%.