Australia Movie And Entertainment Market Size & Outlook
Australia movie and entertainment market, 2018-2030 (US$M)
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Australia movie and entertainment market highlights
- The Australia movie and entertainment market generated a revenue of USD 3,420.5 million in 2023 and is expected to reach USD 6,462.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.5% from 2024 to 2030.
- In terms of segment, movies (box office) was the largest revenue generating product in 2023.
- Music & Videos is the most lucrative product segment registering the fastest growth during the forecast period.
Movie and entertainment market data book summary
| Market revenue in 2023 | USD 3,420.5 million |
| Market revenue in 2030 | USD 6,462.2 million |
| Growth rate | 9.5% (CAGR from 2023 to 2030) |
| Largest segment | Movies (box office) |
| Fastest growing segment | Music & Videos |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Movies (Box Office), Music & Videos |
| Key market players worldwide | Paramount Global Class A, Sony Group Corp ADR, The Walt Disney Co, Warner Bros. Discovery Inc Ordinary Shares - Class A, Comcast Corp Class A, Netflix Inc, Vivendi SE, Amazon.com Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 3.4% of the global movie and entertainment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China movie and entertainment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,172.7 million by 2030.
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Movie And Entertainment Market Scope
Movie And Entertainment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia movie and entertainment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to movie and entertainment market will help companies and investors design strategic landscapes.
Movies (box office) was the largest segment with a revenue share of 69.06% in 2023. Horizon Databook has segmented the Australia movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
Australia's movie and entertainment industry has witnessed a surge in the demand for theatrical releases over the last two years as it offers audiences a communal social experience. Going to the movies is not merely about watching a film; it is a shared cultural ritual that brings people together.
Whether it is a family outing, a date night, or a gathering with friends, the cinema provides a space for collective enjoyment and shared experiences. Moreover, cinemas hold an essential position within the cultural, social, and economic framework of Australian society.
Despite facing considerable obstacles in recent times due to the COVID-19 pandemic, cinema maintains its status as the primary out-of-home entertainment option for Australians across all age groups.
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Our clientele includes a mix of movie and entertainment market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia movie and entertainment market , including forecasts for subscribers. This country databook contains high-level insights into Australia movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia movie and entertainment market size, by product, 2018-2030 (US$M)
Australia Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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