Measures Taken by Government of UK will Support UK Entertainment Industry Amidst COVID-19 pandemic
Published: Oct 2020
UK entertainment industry will see the considerable growth of 8.3% during the forecast period. The outbreak of COVID-19 will certainly impact the film industry in UK, as the Government of the UK has imposed a ban on events that include social gatherings such as theatres, live events, trade shows, among others.
Online Video Streaming will Support the North American Entertainment Industry Amidst COVID-19 Pandemic
Published: Oct 2020
The North American entertainment industry will see the considerable growth of 9.8% during the forecast period. video streaming is considered as the fastest growing entertainment industry in North America with a substantial number of major video streaming platform that includes Netflix, Prime Video, YouTube TV, FuboTV, Disney+, VRV, and Tubi. These platforms hold the highest share in the global video streaming industry, hence contributes to the North American entertainment industry.
Postponement of ‘Tokyo Olympics 2020’ will Impact the Japan Entertainment Industry in 2020
Published: Oct 2020
Japan entertainment industry will see the considerable growth of 9.8% during the forecast period. Amid the COVID-19 pandemic, in Japan, almost all the entertainment venues have been closed for an indefinite time, including various amusement parks, theatrical and film productions, sports, live events, and trade shows. For instance, the biggest 2020 Olympic Games, Tokyo Olympics, and Paralympics are postponed till 2021 by International Olympic Committee and Japan, which was scheduled to host the games this year in Tokyo.
Online Video Streaming will Accelerate in Indian Entertainment Industry Amidst COVID-19 Pandemic
Published: Oct 2020
Indian entertainment industry will see the considerable growth of 13.9% during the forecast period. The online video industry has witnessed a positive impact from the outbreak of COVID-19 pandemic in India. The players are expanding the availability of their video streaming platforms in India. Amid the outbreak, the government mandated the shelter-in-place at home for its population which is increasing the viewership pool of these video streaming companies.
Film Industry will be Most Affected in Germany Entertainment Industry Amidst the COVID-19 Pandemic
Published: Oct 2020
Germany entertainment industry will see a considerable growth of 7.3% during the forecast period. The film industry of Germany has seen a downfall in the recent past. According to the European Audiovisual Observatory, the average production budget of films has decreased in Germany by 20.5% in 2017. Along with this, the overall film production investment has declined by 32.5% in 2017. However, the overall %age in cinema attendance increased in 2017 in Germany.
Government Support for Film Industry will Assist France Entertainment Industry Amidst the COVID-19 Pandemic
Published: Oct 2020
France entertainment industry will see the considerable growth of 7.9% during the forecast period. France is regarded as one of the most successful film industries in Europe. As per Cineuropa, with 301 feature films approved in 2019, including 240 films of French initiative (FIF - three more than in 2018) and 61 minority productions, French film production in 2019 beat its previous record (300 features in 2017, 2015 and 2018).
Live Events will get Highly Affected in the European Entertainment Industry amidst the COVID-19 Pandemic
Published: Oct 2020
The European entertainment industry will see a considerable growth of 7.7% during the forecast period. The European entertainment industry is growing at a significant rate, and the UK, Germany, France, and Spain are major economies contributing to the European entertainment industry. In the European entertainment industry, the online video streaming industry is growing at an exponential rate in the region.
Cancellation and Postponement of Events will Impact China Entertainment Industry Amidst COVID-19 Pandemic
Published: Oct 2020
China entertainment industry will see the considerable growth of 11.8% during the forecast period. The COVID-19 pandemic has put the Chinese entertainment industry under severe strain owing to the economic loss caused due to complete lockdowns, flight restrictions, transportation cease across the nation. Amid the COVID-19 pandemic, the Chinese film industry has been suffered terribly.
Film production is hugely affected in the Asia-Pacific Entertainment Industry due to the Outbreak of the COVID-19 Pandemic
Published: Oct 2020
Asia-Pacific entertainment industry will see a considerable growth of 11.5% during the forecast period. Asia-Pacific entertainment industry is one of the most severely affected regions across the globe with a major impact in economies such as China, Japan, South Korea, and India. The Asian entertainment industry has been abruptly suspended. Several industry players have suspended travel in Asia-Pacific, which in turn, has impacted the industry of theme parks, trade shows, and sports events.
Continuous growth in the Germany e-commerce industry even amidst the COVID-19 pandemic
Published: Oct 2020
Germany e-commerce market is projected to exhibit a considerable CAGR of 16.2% during the forecast period (2019-2025). Rising internet penetration along with the rising number of smartphone users are the major causes of the growth of the e-commerce industry in the country.