Major companies in the film and video market include Time Warner; CBS Corporation; Sony; Walt Disney and Twenty First Century Fox. The global film and video market is expected to grow from $234 (globenewswire.com)
91 billion in 2020 to $251.92 billion in 2021 at a compound annual growth rate (CAGR) of 7.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $318.23 billion in 2025 at a CAGR of 6%.
The film and video market consists of the sales of entities (organizations, sole traders or partnerships) that produce or distribute motion pictures, videos, television programs, or commercials, exhibit motion pictures or provide postproduction and related services. The film and video market is segmented into film and video production; film and video distribution; post-production services; film and video theatres and other film and video industries.