Latin America Movie And Entertainment Market Size & Outlook
Latin America movie and entertainment market, 2018-2030 (US$M)
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Latin America movie and entertainment market highlights
- The Latin America movie and entertainment market generated a revenue of USD 5,074.1 million in 2023.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5,074.1 million |
| Market revenue in 2030 | USD 6,991.0 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | Movies (box office) |
| Fastest growing segment | Music & Videos |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 5.1% of the global movie and entertainment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 59,559.1 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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Latin America 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 75.8% in 2023. Horizon Databook has segmented the Latin America movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
The Central and South American movies and entertainment market is also witnessing a surge in the popularity of music & video and movies. Central and South America’s box office continued to see revenue growth in the first two months of 2022, with Brazil, Argentina, and Costa Rica contributing significantly.
Central and South America is known for rich musical traditions and diverse genres, ranging from traditional folk music to contemporary pop and urban sounds. American music genres such as salsa, reggaeton, cumbia, and samba have gained international acclaim and have a strong following both within the region and globally.
In addition, artists from Central and South America have made significant contributions to various music genres, with many achieving widespread recognition and success on the global stage. Moreover, digitalization has had a profound impact on the music and video industry in Central and South America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America movie and entertainment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America movie and entertainment market size, by country, 2018-2030 (US$M)
Latin America Movie And Entertainment Market Outlook Share, 2023 & 2030 (US$M)
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