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The increase in the number of independent artists is expected to drive the arts market, as per The Business Research Company’s arts market opportunities and strategies report.

The arts market is expected to grow $534.3 billion in 2025 at a rate of 15.8%. The global arts market size is then expected to grow at a CAGR of 6.9% from 2025 and reach $744.9 billion in 2030.

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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.

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.

The Global Arts Market Is Segmented:
By Type: Museums, Historical Sites, Zoos, And Nature Parks And Other Similar Institutions (Museums, Historical Sites, Zoos, And 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: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Arts Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

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 thorough arts market research, analyzes and forecasts arts market size, arts market share, arts market players, arts market trends, arts market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s arts market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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.

View Similar Reports From The Business Research Company:

Sports And Arts Promoters Global Market Report 2022

Museums, Historical Sites, Zoos, And Parks Global Market Report 2022

Independent Artists And Performing Art Companies Global Market Report 2022

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