Italy Movie And Entertainment Market Size & Outlook
Italy movie and entertainment market, 2018-2030 (US$M)
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Italy movie and entertainment market highlights
- The Italy movie and entertainment market generated a revenue of USD 2,157.0 million in 2023 and is expected to reach USD 3,425.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 6.8% 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 2,157.0 million |
| Market revenue in 2030 | USD 3,425.9 million |
| Growth rate | 6.8% (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, Italy accounted for 2.1% 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 Europe, UK movie and entertainment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 10,028.5 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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Italy 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 71.19% in 2023. Horizon Databook has segmented the Italy movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
The growing market share of local films is projected to drive the growth of the Italy's movies and entertainment market. According to the UNIC, in Italy, the market share of domestic films saw a rise, reaching 24.3% of total revenue and 25.9% of cinema admissions in 2022.
In Italy, the price of Spotify's Premium Family plan increased from 14.99 Euros to 15.99 Euros a month in 2021. This change was aimed at enhancing service quality through increased investments by Spotify. The growing investments toward the betterment of services offered by music platforms such as Spotify in Italy bode well for the growth of the movies and entertainment market.
According to the Federation of the Italian Music Industry (FIMI), in 2021, the shift toward younger artists in the top ten charts in Italy highlights domestic acts are gaining more prominence and driving market growth. The strong investments from labels into new talents have played a significant role in this transformation.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy movie and entertainment market , including forecasts for subscribers. This country databook contains high-level insights into Italy movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy movie and entertainment market size, by product, 2018-2030 (US$M)
Italy Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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