Global Online Movies Market to Reach $44.9 Billion by 2030
The global market for Online Movies estimated at US$26.3 Billion in the year 2023, is expected to reach US$44.9 Billion by 2030, growing at a CAGR of 7.9% over the period 2023-2030. Mobile-based Online Movies, one of the segments analyzed in the report, is expected to record 9.1% CAGR and reach US$33.1 Billion by the end of the analysis period. Growth in the Desktop-based Online Movies segment is estimated at 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.9 Billion, While China is Forecast to Grow at 12.3% CAGR
The Online Movies market in the U.S. is estimated at US$6.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.7 Billion by the year 2030 trailing a CAGR of 12.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook