Arts Market Growth Analysis And Indications – Includes Arts Market Share
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Major players in the arts market include Live Nation Entertainment Inc, Smithsonian Institution, AMC Entertainment Holdings Inc, Cirque du Soleil, Bolshoi Theatre.
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The arts market is expected to grow from $534.3 billion in 2025 at a rate of 15.8%. The arts market size is then expected to grow at a CAGR of 6.9% from 2025 and reach $744.9 billion in 2030.
Asia Pacific was the largest region in the global arts market.
The arts services market comprises the sales of arts’ services and related goods by entities (organizations, sole traders and partnerships) that operate facilities and/or provide services for cultural, entertainment, education and recreational interests. The arts market covers those entities producing (and housing) live performances, events, preserving and exhibiting objects of art- such as museums or art galleries, being places of historical interest, as well as zoos and botanical gardens. Revenues in this market include entry fees, monies generated from performance ticket sales, membership fees, royalties, educational programs, gift shops, merchandise, private donors, institutional donors and aid from city and state governments along with other sales. The market also includes revenues generated by sports and arts promoters engaged in organizing, promoting, and/or managing live performing arts productions, sports events, and similar events, held in facilities that they manage and operate or in facilities that are managed and operated by others. Only goods and services traded between entities or sold to end consumers are included.
The increase in the number of independent artists is expected to drive the arts market.
Many companies operating in the arts sector are increasingly adopting technologies such as augmented reality (AR). Augmented reality superimposes a computer-generated image on a user’s view of the real world. It can offer a new space for artists to express themselves, complement their artworks, or surround their work with interactive experiences. Augmented reality can also be used to develop and use a visual language to communicate artists’ core message or even emotions in a more accessible manner for people with different backgrounds and languages.
TBRC’s Arts Market Report Segments:
By Type: Museums, Historical Sites, Zoos, And Nature Parks And Other Similar Institutions (Museums, Historical Sites, Zoos & Botanical Gardens, Nature Parks, Other Similar Institutions), Independent Artists And Performing Art Companies (Visual Arts, Performing Arts), Sports And Arts Promoters (Sports Promoters, Arts Promoters)
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Arts Market Report 2022–Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides an overview of the arts market globally and regionally, analyzes and forecasts market size, share, arts market players, arts market segments, leading competitor revenues, profiles and market shares.
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