Albany, NY — (PRESS RELEASE JET) — 10/17/2017 — The future of the entertainment industry looks promising in the emerging markets, due to improving economic conditions and rising audience’s interest in movies and entertainment shows. Market Research Hub (MRH) has recently announced the inclusion of a new study to its wide repository, which is titled as “Movies & Entertainment Top 5 Emerging Markets Industry Guide 2017″. The report offers a detailed insight into key drivers and restraints, notable trends, share and size of various segments, and competitive landscape in the movies and entertainment market. This comprehensive guide provides readers with valuable information and the tools needed to successfully drive critical business decisions with a thorough understanding of the industry’s potential.
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With a prime focus on top five emerging markets, namely Brazil, China, India, Mexico and South Africa; It provides historical data for the period 2012 to 2016 along with estimated data of 2017, and forecast data up to 2021 in terms of revenue (US$ Mn) and volume (Mn Units). In the first part, the report provides a clear look at the various components of the market to provide a detailed overview of the market in the above-mentioned countries. In addition, the study saves time of the readers by providing them entry-level research by identifying the size, growth, major segments, and leading players in the emerging five movies & entertainment market.
Movie and Entertainment industry consists of organizations primarily engaged in the production and distribution of motion pictures and sound recording. Analysts have studied that these countries had contributed $15,204.5 million to the global movies & entertainment industry in 2016, with a compound annual growth rate (CAGR) of 21.4% between 2007 and 2011. As per the latest findings, the top 5 emerging countries are expected to reach a value of $26,354.0 million in 2021, with a CAGR of 11.6% over the 2016-21 period.
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With booming Indian economy, the Entertainment & Media sector continues its upward growth journey in the region. Within the movies & entertainment industry, in 2016 China is the leading country among the top 5 emerging nations, with market revenues of $9,764.7 million. The country dominance is also expected to lead the movies & entertainment industry in the coming years as well, with a value of $18,824.9 million, followed by India and Brazil with expected values of $2,871.0 and $2,311.1 million.
Later, research experts have used five forces analysis to determine the competitive intensity and therefore attractiveness of the emerging five movies & entertainment market.
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