DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wdm46p/global_box_office) has announced the addition of the "Global Box Office Market 2014-2018" report to their offering.
The Global Box-office market to grow at a CAGR of 6.47% over the period 2013-2018
This report covers the present scenario and the growth prospects of the Global Box-office market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from box-office collection worldwide. The report analyses the Global Box-office market by geographical segmentation and also presents the key leading countries in the market. In addition, the report discusses the major drivers that influence the growth of the Global Box-office market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.
One key trend upcoming in the market is the emergence of 3D technology. Market vendors have been making many 3D movies in recent years, especially animation and science fiction movies. The growing use of 3D technology in movies will drive the Global Box Office market in the future.
According to the report, one of the major drivers in this market is the surge in revenue from international markets. Economic growth in major countries is increasing the disposable incomes of consumers, increasing their leisure spending. This, in turn, is likely to drive the growth of the market during the forecast period.
Further, the report states that piracy is one of the biggest challenges that the market faces. Rampant piracy affects the overall revenue generation of the market, and has worsened in recent years with an increase in the number of internet users. Hollywood film makers are finding it difficult to tap the fast growing Box Office market in China because of the regulations for co-production in China.
- 20th Century Fox
- Sony Pictures Entertainment
- The Walt Disney Company (Buena Vista)
- Universal Studios
- Warner Bros. Pictures Group
For more information visit http://www.researchandmarkets.com/research/wdm46p/global_box_office