India Movie And Entertainment Market Size & Outlook
India movie and entertainment market, 2018-2030 (US$M)
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India movie and entertainment market highlights
- The India movie and entertainment market generated a revenue of USD 5,215.9 million in 2023 and is expected to reach USD 10,172.7 million by 2030.
- The India market is expected to grow at a CAGR of 10% 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 5,215.9 million |
| Market revenue in 2030 | USD 10,172.7 million |
| Growth rate | 10% (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, India accounted for 5.2% 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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India 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 64.94% in 2023. Horizon Databook has segmented the India movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
The Indian Media and Entertainment (M&E) industry has emerged as a key sector for the economy, making remarkable progress. Key factors such as the widespread availability of affordable high-speed internet, increasing incomes, and increased consumer spending on entertainment have been instrumental in propelling this industry forward.
What sets India's M&E industry apart is its unparalleled scale and the steady rise in Average Revenue Per User (ARPU). This unique landscape has positioned India as a global leader in digital adoption, providing businesses with extensive data to enhance their understanding of customer behavior.
In addition, India has witnessed a surge in opportunities within the VFX sector, with the country becoming a preferred destination for content creation on a global scale. Ormax Media recently published its annual report titled "The Ormax Box Office Report 2023," shedding light on the performance of India's film industry.
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Target buyers of India movie and entertainment market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India movie and entertainment market , including forecasts for subscribers. This country databook contains high-level insights into India movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India movie and entertainment market size, by product, 2018-2030 (US$M)
India Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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