The European entertainment industry is expected to see a CAGR of 7.7% during the period (2019-2025). In the European entertainment industry, the online video streaming industry is growing at an exponential rate in the region. Amazon, Netflix, Roku, and Apple TV are some of the major companies contributing to the European online video streaming industry. According to the European Audiovisual Observatory, the subscription video-on-demand is growing at a faster rate in Europe as compared to the US. In addition, the fast-growing online video advertising format is likely to further reinforce the internet’s competitive advantage. Even amidst the economic crisis around the globe, the online video streaming industry is growing at a must faster pace. YouTube and Netflix have reduced the quality of its videos to cater to the increased usage of the apps after the outbreak of the COVID-19 pandemic.
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The European entertainment industry is segmented into online video streaming, amusement parks, theatrical & film productions, sports, and live events and trade shows. Based on the segmentation, the live events and trade shows industry is expected to get highly affected due to the outbreak of a pandemic. The major factor for the downfall of the live events and trade shows industry includes stern government restrictions for the travel and tourism coupled with the practice of social distancing, regarding the rapidly spreading COVID-19 across the globe. It is expected that the restrictions on large gatherings will be in place for some more time, which will result in lower attendance at events. Moreover, the amusement & theme parks is another industry vertical significantly affected by the COVID-19 pandemic. Theme parks across the globe have been closed to prevent COVID-19 pandemic.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
European Entertainment Market – Segmentation
By Type
- Online Video streaming
- Amusement Parks
- Theatrical and Film Production
- Sports
- Live Events and Trade Shows
European Entertainment Market – Segmentation by Geography
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- tv
- Britbox
- Cineuropa
- Cineworld Group PLC
- Efteling
- Europa-Park
- Filmdoo
- MUBI
- PortAventura
- Tivoli Gardens
- Walt Disney Studios Park
The Report Covers
- Comprehensive research methodology of European entertainment Industry.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting European entertainment Industry.
- Insights about market determinants which are stimulating European entertainment Industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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