Market revenue in 2023 | USD 369.9 million |
Market revenue in 2030 | USD 599.3 million |
Growth rate | 7.1% (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 |
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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 67.69% in 2023. Horizon Databook has segmented the UAE movie and entertainment market based on movies (box office), music & videos covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the UAE movies and entertainment market is driven by the growing population, increasing investments in cinema, and a surge in demand for local content in the country. Furthermore, the presence of various media companies such as Vox Cinema and Novo Cinemas, as well as over-the-top (OTT) media service companies, is driving the market growth in the country.
In July 2021, VOX Cinemas introduced CTRL, the region’s first interactive movie experience, in partnership with Kino Industries. This innovative concept allows cinemagoers to decide the fate of the lead character and the course of the movie by voting through an app. It was launched across the UAE and Saudi Arabia in August 2021.
Late Shift, the world’s first interactive feature-length film, was shown, offering countless storylines, 180 decision points, and seven alternative endings. This initiative aims to enhance the cinematic experience by combining film realism with video game interactivity, creating a new level of engagement for the audience.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE movie and entertainment market , including forecasts for subscribers. This country databook contains high-level insights into UAE movie and entertainment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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