COVID Impact, Business Opportunities, Trends, and Forecast – Political Beef

Evolve Business Intelligence today published a new market research report on the film market. According to the published report “The global film market size was estimated at US$36.77 billion in 2020 and is expected to reach US$73.61 billion by 2028, growing at a CAGR of 8.65% from 2021 to 2028.”

More information about the report:

The COVID-19 pandemic has caused disruptions in the supply chain, resulting in reduced demand or supply shortages in the film market. Travel restrictions and social distancing measures have caused consumer and corporate spending to fall sharply, and this pattern is expected to continue for some time. The trend and end-user preferences have changed due to the pandemic, leading manufacturers, developers, and service providers to adopt different strategies to stabilize the business.

Regarding the impact of COVID 19, Film Market Report also includes the following data points:

  • Effects of COVID19 on the size of the film market
  • End-user/industry/application trend and preferences
  • Government Policy/Regulatory Framework
  • Strategy of key stakeholders to address negative impacts/post-COVID strategies
  • Opportunity in the film market

Analyst View

According to Lekha, Principal Analyst, Evolve Business Intelligence, “The COVID-19 pandemic has had a negative impact on the film market as the government’s spread of the virus has imposed strict restrictions with a temporary containment zone, resulting in a halt in filming, leading to the increased financial burden. ”

competitive scenario
Major film providers with a high market share include Warner Bros., Sony Picture, Walt Disney Studios and Universal Pictures. These players use collaboration as a key strategy to gain significant market share and compete with market leaders.

Segment Analysis
The Film Market is analyzed in the below mentioned segments:

  • genre
    • Plot
    • comedy
    • theatre
    • fantasy
    • horror
    • romance
    • Other
  • demographics
  • Dimensions

report coverage
The study also provides a comprehensive value chain along with details of the key factors influencing market growth (drivers, restraints and opportunities). Additionally, the report includes 10 major players in the Film market ecosystem that have been strategically profiled along with the market ranking/market share for major players. In the Company Profile section, the company’s core competencies have been comprehensively analyzed along with the detailed competitive landscape for the market players and the strategies they are adopting such as partnerships and collaborations, acquisitions, product launches and developments, contracts, and business expansion to grow in the market.

The key players profiled in the report are:

  • Warner Bros.
  • Sony Pictures Motion Picture Group
  • Walt Disney Studios
  • Universal images
  • 20th century fox
  • Paramount Pictures
  • Lionsgate Movies
  • The Weinstein company
  • Metro-Goldwyn-Mayer Studios
  • Fantastic work pictures

To request a free sample report, click the Request Sample PDF button.

research methodology
This research study makes significant use of secondary sources, archives and databases (such as annual reports, press releases, journals, trade maps, company websites and other paid databases) to classify and collect information valuable for this analysis. The entire process involves a review of the financial records of the leading industry players. After determining the overall market size, the overall market was divided into several segments and sub-segments and this information was then reviewed by key industry specialists such as CEOs, directors, vice presidents and marketing directors.

Report Objectives

  • Define, describe and forecast the film market in terms of value, segmented by indication, type, technology and geography
  • Market size forecast in 4 key regions – Asia Pacific (APAC), North America, Europe and Rest of the World (RoW)
  • Providing detailed information on drivers, restraints and opportunities in the motion market
  • Provide an overview of the value chain analysis of the film industry
  • Strategic analysis of each segment and sub-segment with respect to individual overall growth trends and their contribution to the overall Movies market
  • Analysis of market opportunities by identifying high growth segments of the film market
  • To profile the major players in the film market and comprehensively analyze their core competencies
  • To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions in the global film market

About EvolveBI

Evolve Business Intelligence is a market research, business intelligence and consulting firm that provides innovative solutions to a company’s challenging pain points. Our market research reports contain data useful for micro, small, medium and large businesses. We offer solutions ranging from pure data collection to business consulting.

Evolve Business Intelligence is powered by technological advances and delivers highly accurate data through our in-house AI-modeled data analysis and forecasting tool – EvolveBI. This tool tracks real-time data including quarterly performance, annual performance and recent developments for Fortune’s Global 2000 companies.

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